Southwest Riverside County (SRCAR) Homes with Apartment Subtype

Welcome to Southwest Riverside County, a hidden gem nestled in the heart of California's picturesque landscape. This vibrant region, particularly the charming city of Lake Elsinore, offers an exceptional blend of natural beauty, community spirit, and diverse real estate opportunities. Known for its stunning lake views and breathtaking mountain backdrops, Lake Elsinore is a haven for outdoor enthusiasts, boasting activities like boating, hiking, and fishing.

One of the most appealing aspects of this area is the variety of housing options available, including homes with apartment subtypes. These residences provide a unique opportunity for families and investors alike. Imagine owning a beautiful home that not only serves as your primary residence but also includes a separate apartment unit. This setup is perfect for multi-generational living, providing space for parents, children, or guests while maintaining privacy.

Homes with apartment subtypes in Lake Elsinore often feature modern amenities and spacious layouts, making them ideal for those seeking comfort and functionality. With the growing demand for rental properties in the area, these homes also present an excellent investment opportunity, allowing homeowners to generate additional income from rental units.

Living in Southwest Riverside County means embracing a lifestyle filled with sunshine, community events, and access to top-notch schools and services. Whether you’re drawn to the vibrant local culture or the serene outdoor spaces, Lake Elsinore has something for everyone. Explore the possibilities of owning a home with an apartment subtype in this thriving region and discover the perfect blend of comfort and opportunity!

Newest Southwest Riverside County (SRCAR) Homes with Apartment Subtype

$499,900

WS26181784 MLS ⋅ Active Status

Discover this charming 3-unit apartment building in the peaceful, well-established neighborhood of Helmet, offering a fantastic investment opportunity. Located in a quiet area yet close to everything—shops, parks, public transportation—this property features long-term, reliable tenants and low-maintenance living. Perfect for investors seeking steady rental income and appreciation in a desirable location, this complex combines comfort, convenience, and great potential for growth. Don’t miss out on owning a piece of Helmet’s thriving community—schedule a viewing today!

227 N Alessandro, Hemet

$2,050,000

IV26024597 MLS ⋅ Active Status

Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.