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2,941 sqft

$998,000

118 N Main, Lake Elsinore CA, 92530

Price per sqft$339.34
Built in1920
Property size2,941 sqft
Property typeMulti-family

Overview

Active

Listed Oct 2, 2026

Updated 5 days ago

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

$6,640/mo

Est. mortgage payment based on a $998,000 home price.

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

Additional information

MLS® ID
DW25237444

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

55+/Senior Community
No

Listed by Olluky Lopez, ReMax Sky, CA DRE 02040124

Listing Contact: 323-742-1823 

Based on information from the CRISNet MLS as of 10/3/2026, 4:21 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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