111 S Lindsay St Immeuble residentiel 4 lots 787 722 € (196 930 €/Lot) Taux de capitalisation 6,97 % Lake Elsinore, CA 92530

The quadruplex at 111 S Lindsay St, Lake Elsinore, CA 92530 presents an attractive investment opportunity in the heart of Old Town Lake Elsinore. Built in 1917 and offering approximately 2,310 square feet of living space, the property consists of four well-maintained one-bedroom, one-bathroom units. Each residence delivers steady tenant appeal supported by an ideal central location, just moments from Main Beach, public boating access, and local recreation areas.
This multi-family asset includes an on-site laundry room equipped with Speed Queen coin-operated machines, generating additional income potential. Exterior improvements highlight low-maintenance features such as artificial turf, decorative rock accents, hardscaping, and a newer roof. A rear parking lot accommodates up to five vehicles, with space for a potential sixth spot, providing convenience for residents. The property also benefits from a solar lease, enhancing energy efficiency and reducing operational costs.
Positioned near shopping, dining, and Lake Elsinore’s vibrant waterfront, this quadruplex appeals to investors seeking long-term value with in-place income and the potential for consistent tenancy. Its blend of historical character and practical upgrades ensures strong marketability for years ahead.