For SaleNeutral Deal38 days on market
18921 Grand Ave
18921 Grand Ave, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$220,000
Estimate®:$218,400
Listing Price
18921 Grand Ave, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
38
Tax Assessed
$17k
Estimate®
$218k
Market Rate
Lot Size
3.80 acres
Type
manufactured
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Lakeland Village School
K-8
0.4 mi away
4
Lakeside High School
9-12
4.7 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
vacant landlarge lotaerial viewrural propertyrectangular parcelopen spaceundeveloped landsemi-arid landscapemountainous backdropresidential areaproperty boundary outlinedevelopment potential
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.51%
Total ROI
100.5%
Cash Flow
$53/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $53/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Lake Elsinore
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 |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $220,000 | $158 |
| 2026-09-12 | Listing removed | $350,000 | $251 |
| 2026-08-02 | Listed for sale | $350,000 | $251 |
| 2026-06-17 | Pending sale | $350,000 | $251 |
| 2026-06-13 | Listing removed | $350,000 | $251 |
| 2026-05-27 | Pending sale | $350,000 | $251 |
| 2026-05-07 | Listed for sale | $350,000 | $251 |
| 2025-11-11 | Listing removed | $499,000 | $358 |
| 2025-10-26 | Price change | $499,000 | $358 |
| 2025-10-09 | Listed for sale | $399,000 | $287 |
| 2025-10-01 | Listing removed | $399,000 | $287 |
| 2025-08-09 | Listed for sale | $399,000 | $287 |
| 2025-07-16 | Pending sale | $399,000 | $287 |
| 2025-05-31 | Price change | $399,000 | $287 |
| 2025-03-18 | Price change | $450,000 | $323 |
| 2024-11-01 | Listed for sale | $499,000 | $358 |
| 2020-01-26 | Listing removed | $289,000 | $208 |
| 2019-06-07 | Listed for sale | $289,000 | $208 |
| 2017-05-03 | Listing removed | $199,000 | $143 |
| 2017-03-01 | Price change | $199,000 | $143 |
| 2016-08-03 | Listed for sale | $239,000 | $172 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $17,413 |
| 2025 | $903.9 | $17,072 |
| 2024 | $1,292.38 | $16,738 |
| 2023 | $0 | $16,411 |
| 2022 | $930 | $16,011 |
| 2021 | $391.64 | $15,698 |
| 2020 | $250.2 | $15,538 |
| 2019 | $318.2 | $15,234 |
| 2018 | $122.1 | $14,936 |
| 2017 | $119.08 | $14,644 |
| 2016 | $119.08 | $14,358 |
| 2015 | $119.08 | $14,144 |
| 2014 | $119.24 | $13,870 |
| 2013 | $0 | $13,809 |
| 2012 | $0 | $13,539 |
| 2011 | $0 | $13,274 |
| 2010 | $0 | $13,177 |
| 2009 | $0 | $13,209 |
| 2008 | $0 | $12,951 |
| 2007 | $0 | $12,698 |
| 2006 | $0 | $12,450 |
| 2005 | $0 | $12,207 |
| 2003 | $0 | $11,751 |
| 2002 | $0 | $11,522 |
| 2001 | $117.74 | $11,297 |
| 2000 | $116.9 | $11,076 |
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