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Listed by IRN Realty, Vince Kwon, Listing Contact: [email protected]

$4,000,000

16459 Joy ST, Lake Elsinore CA, 92530

Price per sqftN/A
Built in1984
Property typeMulti-family

Overview

Active

Listed Nov 4, 2026

Updated 28h ago

Exceptional 10-Unit Multifamily Investment Opportunity in Lake Elsinore, CA Discover an outstanding investment opportunity at **16459 Joy Street, Lake Elsinore, CA**. This 10-unit multifamily property offers an attractive combination of spacious townhome-style residences, desirable amenities, and significant value-add potential in Southern California's Inland Empire. The property features generously sized three-bedroom residences designed for comfortable and functional living. Each unit offers desirable amenities, including **central heating and air conditioning, private patios, and individual washer and dryer hookups**. Parking accommodations vary by floor plan, with residences featuring **either a private two-car garage with an automatic garage door opener or a one-car garage accompanied by a dedicated carport space**. These features enhance the property's rental appeal and distinguish it from traditional multifamily housing options. Conveniently situated near Lake Elsinore's scenic waterfront, the property provides access to outdoor recreation, shopping, dining, and everyday conveniences. Machado Elementary School is within walking distance, while Lakeside High School is also nearby. The Riverside Drive commercial corridor offers convenient access to local retailers,

$26,612/mo

Est. mortgage payment based on a $4,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRTR26237893

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.6 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by IRN Realty, Vince Kwon DRE:01778421,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Madamba, Lionel Mangapit | CA DRE# 00995986 | LPT Realty, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Madamba, Lionel Mangapit | CA DRE# 00995986 | LPT Realty, Inc are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 3:37 AM UTC, 11/6/2026

 

 

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