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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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16459 Joy Street, Lake Elsinore – $3,750,000

  • 30 Beds
  • 30 Baths
  • .6 Acres
  • 9 DOM
  • 30 Beds
  • 30 Baths
  • .6 Acres
  • 9 DOM

16459 Joy Street

16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport. Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs. With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.

Essential Information

  • MLS® #TR26019025
  • Price$3,750,000
  • Bedrooms30
  • Bathrooms30.00
  • Acres0.60
  • Year Built1984
  • TypeResidential Income
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address16459 Joy Street
  • CityLake Elsinore
  • CountyRiverside
  • Zip Code92530

Area

SRCAR - Southwest Riverside County

Amenities

  • Parking Spaces20
  • ParkingCarport, Driveway, Garage
  • # of Garages18
  • GaragesCarport, Driveway, Garage
  • PoolNone

Interior

  • HeatingCentral
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionZeroToOneUnitAcre

Additional Information

  • Date ListedJanuary 26th, 2026
  • Days on Market9

Listing Details

  • AgentVince Kwon
  • OfficeIRN Realty
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Vince Kwon, IRN Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of February 5th, 2026 at 9:57am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.