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$880,000
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Property Description
Exceptional 3-unit multifamily property offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements.
The classic Craftsman style (3 separate unit buildings) offer character, functionality, and excellent long-term potential for investors or owner-occupants. Featuring well-proportioned units with original architectural details, the property blends vintage charm with practical living spaces. Each unit provides ample natural light, cozy layouts, and opportunities for thoughtful updates or value-add improvements.
The buildings have been maintained over the years and offers steady rental income, with room to enhance returns through modernization or strategic renovations. Located in an established neighborhood close to amenities, transit, and employment hubs, this property appeals to tenants seeking affordability and character.
Full Property Details
Full Property Details for 411 N Main
General
- Price: $880,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SW25271898
- Updated: 1/8/2026
- Days on Market: 40 days
- Added to Site: 40 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- Area: SRCAR - Southwest Riverside County
- County: Riverside
- Development Name: SRCAR - Southwest Riverside County
- Driving Directions: Off Main St.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Bungalow, Cottage
- Foundation: Raised, Slab
- Roof: Shingle
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,800
- Year Built: 1923
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.3103
- Lot Size (Sq. Ft.): 13,517
- Lot Size Source: Assessor
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $314.29
- Price Per Unit: 293333
Listed by Marin Realty Group, Jose Marin
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Schools
Schools serving 411 N Main
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Elsinore Elementary School 512 West Sumner Avenue, Lake Elsinore, CA 92530 | K-5 | 0.4 mi |
Elsinore Middle School 1203 West Graham Avenue, Lake Elsinore, CA 92530 | 6-8 | 0.8 mi |
Temescal Canyon High School 28755 El Toro Road, Lake Elsinore, CA 92532 | 9-12 | 2.4 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 411 N Main
Date
Details
Price
Change
Source
12/16/2025
Price Reduced
$880,000
-61.4%
MLS
12/08/2025
Listed
$2,280,000
508%
MLS
9/24/2021
Sold
$375,000
—
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 411 N Main
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,870
8%
$397,952
2%
2024
$4,522
10%
$390,150
2%
2023
$4,119
2%
$382,500
2%
2022
$4,041
15%
$375,000
18%
2021
$3,524
5%
$318,263
-4%
2020
$3,367
-21%
$331,365
2%
2019
$4,285
2%
$324,868
2%
2018
$4,200
3%
$318,499
2%
2017
$4,085
5%
$312,255
2%
2016
$3,900
3%
$306,134
2%
2015
$3,801
3%
$301,537
2%
2014
$3,698
1%
$295,632
—
2013
$3,678
—
$294,298
—
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 411 N Main
411 N Main, Lake Elsinore, CA 92530 (MLS# SW25271898) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 411 N Main is currently listed for $880,000 and was received on December 08, 2025. Want to learn more about 411 N Main? 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.

