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16465 Joy St
Lake Elsinore, CA 92530

Price Upon Request

Apartments For Sale  •  29,783 SF

Property Details

  • Property Type Apartments
  • Total Building Size 29,783 SF
  • Lot Size 1.17 AC
  • Building Class C
  • Year Built 1979
  • Zoning R3
0 Transit Score
73 Walk Score

Highlights

Part of a Two-Property, 42-Unit Portfolio Sale - Adjacent Property Consists of 10 Units
New Roofs, Upgraded Pool, Plumbing & Landscaping
Desirable Mix: 5, One-Bedroom & 27, Two-Bedroom Units
Two-Story, Garden-Style Building with Covered Parking, Pool & On-Site Laundry
Short Walk to Machado Elementary School – Located Just North of the Subject Property
Situated Within a Few Blocks of the Entrance / Boat Dock to Lake Elsinore

Financial Summary (Actual)

Net Operating Income: $338,310 USD (2023)
Total Expenses: $243,703 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Property Manager on Site
  • Storage Space
  • Trash Pickup - Curbside
  • Ceiling Fans
  • Satellite TV
  • Range
  • Walk-In Closets
  • Carpet
  • Yard
  • Patio

Public Transportation

AirportDriveWalkDistance
Ontario International 47 min - 35.4 mi
John Wayne/Orange County 62 min - 49.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes