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$515,000
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Property Description
Discover the potential of this well-located duplex in the heart of Lake Elsinore, just minutes from historic downtown and the lake. Ideal for investors or owner-occupants, this income-generating property offers a total of 3 bedrooms and 2 bathrooms across two separate units, all situated on a generous 8,276 square foot lot with a large backyard and patio space. A detached three-car garage provides ample parking, storage, or future flexibility.
Unit A features a functional layout with two bedrooms and one bathroom, opening into a comfortable living area, while Unit B offers its own private entrance with one bedroom, one bathroom, and a cozy living space-perfect for rental income or extended family living. The expansive lot creates exciting possibilities for outdoor enjoyment, storage for recreational toys, or potential expansion, including ADU opportunities (buyer to verify with the city).
Located just a few blocks from Main Street and Lake Elsinore, residents enjoy convenient access to shopping, schools, dining, and a wide range of recreational activities such as boating, fishing, swimming, and extreme sports. This property is a rare chance to own a versatile duplex in a vibrant, growing community-full of opportunity and upside for the right buyer.
Full Property Details
Full Property Details for 401 W Graham
General
- Price: $515,000
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: TR25275541
- Updated: 1/9/2026
- Days on Market: 35 days
- Added to Site: 36 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 3
Location
- County: Riverside
- Driving Directions: West of N. Spring / South of W. Heald
School Information
- School District: Lake Elsinore Unified
Community
- Community Features: Biking, Hiking, Lake
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: ground level
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,268
- Sq. Ft. Source: Assessor
- Year Built: 1921
- Year Built Source: Assessor
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $406.15
Disclosures and Reports
- Special Conditions: Standard
Listed by Brent Westra, Brent Westra
Get Pre-Approved Today
Schools
Schools serving 401 W Graham
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Elsinore Elementary School 512 West Sumner Avenue, Lake Elsinore, CA 92530 | K-5 | 0.2 mi |
Elsinore Middle School 1203 West Graham Avenue, Lake Elsinore, CA 92530 | 6-8 | 0.6 mi |
Temescal Canyon High School 28755 El Toro Road, Lake Elsinore, CA 92532 | 9-12 | 2.5 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 401 W Graham
Date
Details
Price
Change
Source
1/03/2026
Price Reduced
$515,000
-2.65%
MLS
12/12/2025
Listed
$529,000
24.47%
MLS
7/10/2022
Sold
$425,000
—
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 401 W Graham
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,830
5%
$442,170
2%
2024
$4,617
1%
$433,500
2%
2023
$4,560
889%
$425,000
1349%
2022
$461
2%
$29,324
2%
2021
$454
1%
$28,750
1%
2020
$451
1%
$28,456
2%
2019
$445
1%
$27,899
2%
2018
$440
1%
$27,353
2%
2017
$434
2%
$26,817
2%
2016
$424
—
$26,292
2%
2015
$425
3%
$25,899
2%
2014
$414
—
$25,394
—
2013
$415
—
$25,282
—
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 401 W Graham
401 W Graham, Lake Elsinore, CA 92530 (MLS# TR25275541) is a Duplex property with 3 bedrooms and 2 full bathrooms. 401 W Graham is currently listed for $515,000 and was received on December 12, 2025. Want to learn more about 401 W Graham? Do you have questions about finding other Duplex 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.

