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$520,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Great investment--Two homes on one oversized lot. Home #1 is a 2 bedroom, 1 bath home with family room, kitchen, and front room area, just under 700 sq ft of living space. Home #2 is 2 bedroom, 1 bath home with family room and kitchen area, just under 600 sq ft. Units need some TLC but has huge potential. Walking distance to downtown, parks, schools. One unit is currently listed. Long term tenant would like to stay. Both units can be turned over vacant, if buyer desires.

Full Property Details for 305 W Heald

General

  • Price: $520,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SW26009052
  • Updated: 1/16/2026
  • Days on Market: 3 days
  • Added to Site: 3 day(s) ago

Interior

  • Rooms/Areas: Family Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Appliances: Gas Oven, Gas Range

Rooms

Other Rooms

  • Laundry: Outside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Driveway
  • Parking: Driveway

Location

  • Area: SRCAR - Southwest Riverside County
  • County: Riverside
  • Development Name: SRCAR - Southwest Riverside County
  • Driving Directions: Near corner of Heald & N. Langstaff

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 1

Structural Information

  • Architectural Style: Bungalow
  • Foundation: Raised
  • Roof: Composition, Shingle
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,221
  • Year Built: 1910

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: Hills, Mountain(s), Neighborhood
  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre, Level with Street, Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $425.88
  • Price Per Unit: 260000

Disclosures and Reports

  • Exclusions: Personal belongings

Listed by Allison James Estates & Homes, Jessica Small

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Listing agent

— 305 W Heald —

  • Jessica Small

    Allison James Estates & Homes

951-757-2112

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 305 W Heald

School District:Lake Elsinore Unified School District
NameGradesDistance
Elsinore Elementary School
512 West Sumner Avenue, Lake Elsinore, CA 92530
K-50.1 mi
Elsinore Middle School
1203 West Graham Avenue, Lake Elsinore, CA 92530
6-80.6 mi
Temescal Canyon High School
28755 El Toro Road, Lake Elsinore, CA 92532
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 305 W Heald Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Listed
$520,000
160%
MLS
3/17/2017
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
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 for 305 W Heald

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,567
5%
$232,112
2%
2024
$2,455
1%
$227,562
2%
2023
$2,425
2%
$223,101
2%
2022
$2,379
2%
$218,727
2%
2021
$2,334
1%
$214,439
1%
2020
$2,311
2%
$212,241
2%
2019
$2,268
2%
$208,080
2%
2018
$2,226
573%
$204,000
868%
2017
$331
2%
$21,085
2%
2016
$323
-1%
$20,673
2%
2015
$325
3%
$20,365
2%
2014
$316
—
$19,969
—
2013
$317
—
$19,881
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Allison James Estates & Homes, Jessica Small

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305 W Heald, Lake Elsinore, CA 92530 (MLS# SW26009052) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 305 W Heald is currently listed for $520,000 and was received on January 15, 2026. Want to learn more about 305 W Heald? Do you have questions about finding other Multi-Family 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.

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