16459 Joy Street, Lake Elsinore, CA 92530 (MLS # TR26019025)

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PRICE $3,750,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 14,500 sqft
LOT SIZE 26,136 sqft

16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport. Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs. With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.

DAYS ON MARKET 1 LAST UPDATED 1/27/2026
YEAR BUILT 1984 COMMUNITY SRCAR - Southwest Riverside County
GARAGE SPACES 18.0 COUNTY Riverside
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA SRCAR - Southwest Riverside County
GARAGE Yes
HEAT Central
LOT 0.6 acre(s)
LOT DIMENSIONS 26136
PARKING Carport, Driveway, Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

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Listed with IRN Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 1/27/26 8:14 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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