John E Burge

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118 N MainLake Elsinore, CA 92530

Multi-Family · 2,941 Sq. ft. | 0.09 Acres
$1,199,999 Active

118 N Main Overview

Time on Site:
262 days
Visits:
1

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

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118 N Main Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,941
  • Price/Sq.ft. $408
  • Lot 0.09 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Electric Expense: 100.0
  • Fuel Expense: 100.0
  • Insurance Expense: 100.0
  • Trash Expense: 100.0
  • Water Sewer Expense: 100.0

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 699 - Not Defined
  • Postal City: LAKE ELSINORE

Community/Development

  • Community Features: Curbs,Street Lights

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 373024016
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Notice Of Default

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 2941.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 0
  • Entry Location: Ground
  • Laundry Features: None
  • Levels: Two
  • Stories: 2
  • Stories Total: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: Walkstreet
  • Lot Size Area: 3920.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3920.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Number Of Units Total: 1
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

118 N Main Neighborhood

Community

92530 (Lake Elsinore) Demographics

32
Median Age
950
Population Density (per sq. mile)
23%
College Educated
$64,270
Estimated Median Income
9,642
Estimated Total Home Owners
5,368
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

118 N Main Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

118 N Main Market Data

Based on the last 30 days in this zip code

$628,279
Average List Price
$335
Average Price per Square Foot
43
Properties Sold
77
Average Days on Market
491
Properties for Sale
Calculations provided by Reliance Network

118 N Main History

Date Event Value Agent
5/5/2026Source: CRMLS Price Reduction
$1,199,999 -14.2%
12/1/2025Source: CRMLS Price Reduction
$1,398,888 -6.7%
10/10/2025Source: CRMLS Added to Database
October 10, 2025
Listing provided courtesy of ReMax SkyOlluky Lopez- MLS# DW25237444MLS ProviderContact Information: [email protected] - 800-406-4106
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