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PENDING
16509 Joy Street, Lake Elsinore, CA 92530
1
bed
1
bath
1200
ft2
· 871
ft2 lot
$279,990
$233 / ft2
Listing provided courtesy of Jarrod Whitehorn, Jarrod Whitehorn, Broker.
Source CRMLS.
TWO Income Producing Condo Units with individual APN#'s being sold at a discount if purchased as a package. Both of these properties currently have performing tenants. The complex has only 16 units and is a very private and quaint location on the north side of the lake located very close to the new city Launch Point. Each unit has a large covered parking area and the properties have been under professional management. These are some of the lowest priced non-age restricted condos in the city so act quickly.
HOA
$—/month
On market
9 months
Year built
1982
Property type
Multi-Family
Parking
MLS
SW20168716
Price / Sq.Ft.
$233 / ft2
Status
Pending
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Based on a price of $279,990
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Inside
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
•   
Cooling Details: Central Air
Interior Size
•   
Building Area Total: 1200.00
Property, Lot, Community & Exterior Features
Community Info
•   
Hoa Exists
•   
Number Of Buildings: 2
•   
Total Units: 2
Parking Info
•   
Garage Spaces: 0.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: R3
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Level with Street
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.0200
•   
Lot Size Area: 871.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Common Walls: No Common Walls
Property Type
•   
Common Interest: Condominium
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 2
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Other Expense: 3120.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 3600.00
•   
Insurance Expense: 1200.00
•   
Total Expenses: 4800.00
•   
Gross Scheduled Income: 24000.00
•   
Operating Expense: 6000.00
•   
Gardener Expense: 0.00
•   
Furniture Replacement Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 24000.00
•   
Tax Year: 2020
•   
Taxes: 1274.0
Lease Info
•   
Net Operating Income: 19200.00
Listing Info
•   
Status: Pending
Other
•   
Electric Expense: 0.00
•   
Cable Tv Expense: 0.00
Multi Unit Information
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 2
•   
Unit 1 Furnished Units: Furnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2000.00
•   
Unit 1 Total Rent: 2000.00
Multi Unit Information
•   
# Of Units: 1
School Neighborhood & Directions
Location
•   
Community Features: Suburban
School Info
•   
Directions: 74 -> Joy
Other
Calculation
•   
Dom: 245
•   
Cdom: 245
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 18, 2021 10:38am
Neighborhood snapshot
91
Properties for sale
6
Median days on market
$235.00
Median sold price/sqft
102.42%
Sold/List %
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Property History
04/20/2021
04/20/2021
CRMLS #SW20168716
pending
CRMLS #SW20168716
$279,990
12/28/2020
12/28/2020
CRMLS #SW20168716
active
CRMLS #SW20168716
$279,990
--3.45%
11/26/2020
11/26/2020
CRMLS #SW20168716
active
CRMLS #SW20168716
$289,980
--0.00%
10/10/2020
10/10/2020
CRMLS #SW20168716
active
CRMLS #SW20168716
$289,990
--1.70%
08/18/2020
08/18/2020
CRMLS #SW20168716
active
CRMLS #SW20168716
$295,000
+156.52%
See more property history
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