For SaleNeutral Deal70 days on market
32900 Riverside Dr
32900 Riverside Dr, Lake Elsinore, CA 92530, Lake Elsinore, CA 92530
$174,000
Listing Price
32900 Riverside Dr, Lake Elsinore, CA 92530
Loc: Lake Elsinore, CA
Days Listed
70
Tax Assessed
$10k
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
4.2 mi away
4
Lakeside High School
9-12
0.3 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
manufactured homeranch stylecovered front porchhorizontal sidingwell-maintained landscapingflower bedsstring lightsgravel landscapingcozysingle-storycharming curb appealpaved drivewayresidential community
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.32%
Total ROI
96.1%
Cash Flow
$13/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $13/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 |
|---|---|---|---|
| 2026-09-03 | Price change | $174,000 | $121 |
| 2026-07-16 | Listed for sale | $179,000 | $124 |
| 2021-04-07 | Listing removed | $0 | – |
| 2021-02-24 | Pending sale | $85,000 | $59 |
| 2021-02-10 | Listed for sale | $85,000 | $59 |
| 2021-01-14 | Listing removed | $0 | – |
| 2021-01-03 | Listed for sale | $85,000 | $59 |
| 2020-11-19 | Sold | $42,500 | $30 |
| 2020-08-24 | Price change | $127,500 | $89 |
| 2020-08-20 | Listed for sale | $42,500 | $30 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2018 | $101.42 | $9,826 |
| 2017 | $99.44 | $9,634 |
| 2016 | $99.44 | $9,446 |
| 2015 | $194.34 | $9,305 |
| 2014 | $92.04 | $9,124 |
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