Seller represented by:
Christopher Metcalf with Inland Valley Realty

18487 Grand
  • Active Under Contract
  • Single Family Residence

18487 Grand AVE, Lake Elsinore, CA 92530 18487 Grand Get directions

$624,999
7 Beds 4 Baths 3,300 Sq.ft. 2.15 Acre Lot
  • Age 101 Years
  • MLS# SW26213355
  • Listed September 30, 2026

Overview

Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potential. Opportunities featuring multiple units on this much usable land are incredibly rare. Don't miss your chance to secure a significant piece of Lake Elsinore real estate!

Features

Laundry Features

  • Laundry Room

Cooling

  • None

Heating

  • Central

Fireplaces

  • Has Firepace: No

Fireplace Features

  • None

Exterior

  • Fencing: Chain Link

Pool and Spa

  • None
  • Private Pool: No

Lot

  • Back Yard
  • Rectangular Lot
  • 2.15 acres
  • Lot Size: 93654 sq ft
  • Lot Size Area: 93654

Garage and Parking

  • Driveway
  • RV Access/Parking
  • Unpaved
  • Garage: No

Property

  • View: Mountain(s)
  • Waterfront Features: Lake

Construction Details

  • Composition

Community Features

  • Lake

Sewer

  • Public Sewer

Water Source

  • Public
  • Well

We're sorry we have no data related to schools for this listing.

  • 18487 Grand, Lake Elsinore, CA 92530 $624,999
  • 7 Beds 4 Baths 3,300 Sq. ft. 2.15 Acre Lot

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  • Christopher Metcalf

    Sales Manager with 16 years experience
  • Team Metcalf Real Estate Group 15528 Lakeview Ave , Lake Elsinore, CA 92530
  • Mobile (951) 252-6186
  • Office (800) 518-9832
  • Email chris@teammetcalf.com
  • Areas Served Southern California Area, Lake Elsinore, Wildomar, Murrieta, Temecula, Menifee, San Diego, Orange County
  • Specializations Buyers, Sellers, Investors, Relocation, Residential, Investment Properties
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