Millman Team Real Estate

$599,000
3 Bed
2 Bath
1,706 Sqft
0.08 Acre Lot

33053 Blackwell, Lake Elsinore, California 92530

  • Residential Property Type
  • 1,706 Sqft Square Footage
  • 1976 Year Built
Property Description

Great Investment Opportunity with Three Income Streams!Don’t miss this versatile property offering three separate rental income streams. The main residence features 2 bedrooms and 1 bathrooms, along with an additional 1 bedroom, 1 bathroom unit — both currently rented. A detached 2-car garage is also rented separately for storage, maximizing cash flow potential.Perfect for investors looking to keep all units rented, or owner-occupants who want to live in one home while generating income from the other. The property includes a fenced backyard ideal for family BBQs and outdoor entertaining.Enjoy low property taxes and no HOA, keeping expenses minimal and returns strong. A rare opportunity with built-in income!

Basic Details
Residential
For Sale
SW26044100
$599,000
None
3
2
1,706 Sqft
1976
0.08 Acre
Active
2
Duplex
Features
: None
: Central
: Wall/Window Unit(s)
: None
: All Bedrooms Down
: Laundry Closet
: Public Sewer
$0
Address Map
CA
Riverside
Lake Elsinore
92530
Blackwell
33053
W118° 39' 11.4''
N33° 38' 21.4''
grand Ave to Blackwell Blvd
SRCAR - Southwest Riverside County
Neighborhood
Lake Elsinore Unified
Additional Information
$0
$0
$0
$0
$0
: Street Lights
1
2.0
: One
: Back Yard
2
2026-02-27
1
1
: Public
Broker/Agent Information
Realty ONE Group West
Robert Grim
Listing Information
SWGRIMROB
SWROG
Cash, Conventional
Active
2026-02-28T14:30:57Z
CRMLS
: Standard
2026-02-27T17:41:17Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us