For SaleRisky Deal13 days on market
24061 Elderberry Ln
24061 Elderberry Ln, Lake Elsinore, CA 92532, Lake Elsinore, CA 92532
$510,000
Estimate®:$512,400$2,400 Under Market
Listing Price
24061 Elderberry Ln, Lake Elsinore, CA 92532
Loc: Lake Elsinore, CA
Days Listed
13
Tax Assessed
$358k
Estimate®
$512k
0% Under Valued
Lot Size
3,039 sqft
Rent Estimate
$3,111/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Cottonwood Canyon Elementary School
K-5
1.1 mi away
5
Canyon Lake Middle School
6-8
1.2 mi away
7
Temescal Canyon High School
9-12
5.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
contemporarysuburbanstucco exteriortwo-storyattached garagedrivewaylandscapedfront porchshingle roofmulti-family housingresidentialinvitingtraditional details
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.51%
Total ROI
56.9%
Cash Flow
$-729/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-729/mo net cash flow with a 4.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lake Elsinore, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $510,000 | $291 |
| 2017-03-07 | Sold | $302,500 | $173 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $357,619 |
| 2025 | $7,249.78 | $350,608 |
| 2024 | $7,021.26 | $343,734 |
| 2023 | $6,918 | $336,996 |
| 2022 | $6,789.06 | $330,389 |
| 2021 | $6,660.96 | $323,912 |
| 2020 | $6,622.92 | $320,592 |
| 2019 | $6,500.32 | $314,307 |
| 2018 | $6,380.46 | $308,145 |
| 2017 | $0 | $144,974 |
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