For SaleNeutral Deal71 days on market
15980 Grand Ave Spc M48
15980 Grand Ave Spc M48, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$220,000
Estimate®:$214,500
Listing Price
15980 Grand Ave Spc M48, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
71
Tax Assessed
$66k
Estimate®
$215k
Market Rate
Type
manufactured
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.
2
Lakeland Village School
K-8
3.3 mi away
4
Lakeside High School
9-12
1.2 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
waterfrontpatioranchawninglake viewcoastalresort-styleoutdoor livingrelaxingmanufactured homepalm treesrecreational
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.35%
Total ROI
96.8%
Cash Flow
$22/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $22/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • 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 |
|---|---|---|---|
| 2026-09-10 | Price change | $220,000 | $166 |
| 2026-07-15 | Listed for sale | $225,000 | $170 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $66,342 |
| 2025 | $682.64 | $65,042 |
| 2024 | $651.5 | $63,767 |
| 2023 | $645.3 | $62,517 |
| 2022 | $632.66 | $61,292 |
| 2021 | $620.26 | $60,091 |
| 2020 | $613.9 | $59,475 |
| 2019 | $0 | $52,796 |
| 2018 | $544.96 | $52,796 |
| 2017 | $544.96 | $52,796 |
| 2016 | $544.96 | $49,809 |
| 2015 | $505.02 | $49,809 |
| 2014 | $409.84 | $40,985 |
| 2013 | $0 | $40,985 |
| 2012 | $0 | $46,564 |
| 2011 | $0 | $66,808 |
| 2010 | $0 | $66,808 |
| 2009 | $0 | $79,335 |
| 2008 | $0 | $92,000 |
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