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$1,200,000 Sale Pending
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Property Description
Welcome to this exceptional four-unit income property in the heart of Lake Elsinore, conveniently located just moments from City Hall and the charm of Historic Main Street. This unique investment opportunity features a converted single-family residence thoughtfully divided into two spacious 2-bedroom, 1-bathroom units, along with two additional lower-level units consisting of one 2-bedroom, 1-bathroom and one 1-bedroom, 1-bathroom residence.
Extensively renovated within the past year, the property showcases modern upgrades, including updated Kitchen, countertops and refreshed interiors designed to attract quality tenants. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a property with strong rental income potential, this well-maintained multi-unit offers flexibility, value, and long-term opportunity.
Situated in a desirable location close to shopping, dining, schools, and local amenities, this is a must-see property with excellent income-producing potential.
Full Property Details
Full Property Details for 249 E Graham
General
- Price: $1,200,000
- Status: Pending
- Type: Triplex
- Source: MRMLS
- MLS ID: IG26136299
- Updated: 7/2/2026
- Added to Site: 22 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage (Single Door)
Location
- County: Riverside
- Driving Directions: 15fwy south exit Main St right and right on Graham
School Information
- School District: Lake Elsinore Unified
Community
- Community Features: Suburban
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Triplex
- Common Walls: 2 Common Walls (or More)
- Entry Location: all floors
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,958
- Sq. Ft. Source: Assessor
- Year Built: 1957
- Year Built Source: Seller
Lot Features
- Property View: City Lights
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $405.68
Disclosures and Reports
- Special Conditions: Standard
Listed by Century 21 Masters, Leticia Vega
Get Pre-Approved Today
Schools
Schools serving 249 E Graham
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Railroad Canyon Elementary School 1300 Mill Street, Lake Elsinore, CA 92530 | K-5 | 0.9 mi |
Elsinore Middle School 1203 West Graham Avenue, Lake Elsinore, CA 92530 | 6-8 | 1 mi |
Elsinore High School 21800 Canyon Drive, Wildomar, CA 92595 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 249 E Graham
Date
Details
Price
Change
Source
6/22/2026
Listed
$1,200,000
73.91%
MLS
2/23/2023
Sold
$690,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 249 E Graham
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,124
5%
$717,875
2%
2024
$7,770
12%
$703,800
52%
2023
$6,909
33%
$462,516
2%
2022
$5,201
2%
$453,448
2%
2021
$5,075
1%
$444,558
1%
2020
$5,019
250%
$440,000
364%
2019
$1,435
2%
$94,837
2%
2018
$1,404
1%
$92,978
2%
2017
$1,387
6%
$91,155
2%
2016
$1,310
1%
$89,368
2%
2015
$1,298
3%
$88,027
2%
2014
$1,264
—
$86,305
—
2013
$1,259
—
$85,918
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 249 E Graham
249 E Graham, Lake Elsinore, CA 92530 (MLS# IG26136299) is a Triplex property with 7 bedrooms and 4 full bathrooms. 249 E Graham is currently listed for $1,200,000 and was received on June 22, 2026. Want to learn more about 249 E Graham? Do you have questions about finding other Triplex real estate for sale in Lake Elsinore? You can browse all Lake Elsinore real estate or contact a Coldwell Banker agent to request more information.

