33510 Cedar Creek Ln · Lake Elsinore, CA 92532

$509,000

4 bd · 2.5 ba · 2,118 sqft · SingleFamily public records · 229 Days on market

Built 2005 3,484 sqft lot $240/sqft · 10% below area Est $563k · 10% under $175/mo HOA · 5% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +11.8/15.0
• Appreciation +9.2/10.0
• Cash flow +6.2/30.0
• Schools +3.7/10.0
• Livability +3.1/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +1.7/10.0
• DSCR +0.5/10.0

Listing remarks MLS

PRICED to BUY! Great family neighborhood nestled in Cedar Creek in Canyon Hills and priced to buy! Two story 4 Bedrooms with 2.5 baths at 2118 square feet. Primary bedroom has views of the surrounding hills from attached deck along with two closets. 4th bedroom has walk-in closet. Second bathroom has dual sinks and separated toilet. This house deserves a family to transform it into a HOME with your special touches. Enjoy the close by Community Pool, hot tub and playground. EZ access to schools, eateries, park, shopping and freeways.

Key facts

• Attached deck
• Dual sinks
• Hot tub

Tags

• ATTACHED DECK
• WALK-IN CLOSET
• DUAL SINKS
• COMMUNITY POOL
• HOT TUB
• PLAYGROUND

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $509k.

Deal economics

• At list price, monthly cash flow is $-926 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $345k (32.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $342k (32.9% below list).
• Recommended offer: $342k (32.9% below list) — sets the bar for 1% rule.
• Cap rate 4.1% vs local median 3.3% in Lake Elsinore — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 62/100 on livability (#510 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, crime B, employment B; Watch: amenities D, commute F, cost of living F.
• Lake Elsinore Unified (suburban): math 34% / reading 49% proficiency, ranked #210 of 517 in CA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cottonwood Canyon Elementary (math 54% / reading 54%, grade C, #311 of 1,571 statewide, top 21%, 789 students, 50% FRL); Canyon Lake Middle (math 44% / reading 64%, grade B-, #78 of 498 statewide, top 15%, 955 students, 51% FRL); Elsinore High (math 24% / reading 75%, grade D+, #332 of 1,170 statewide, top 30%, 2,122 students, 71% FRL).
• Market conditions: Rents flat; 120 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• This rent runs 34% of the median local income ($122k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $46k of equity ($4k loan paydown + $42k appreciation (8.3% local appreciation)).
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$74k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 229 days — a 12% lower offer ($448k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 19y ago; this cycle's ask has dropped $31k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $320k; list at $509k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $341,584 (32.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 229 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.67% ✗
• Cap rate: 4.11%
• Cash-on-cash: -7.79%
• DSCR: 0.65
• GRM: 12.4

CMA / ARV

• ARV (median comp): $562,884
• List price: $509,000
• Delta: -9.57%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
33496 Cedar Crk	0.05mi	3/2.5 (-1)	2,118 (0%)	0mo	$579,000	$273	92
33561 Cedar Creek Ln	0.22mi	3/2.5 (-1)	2,116 (-0%)	1mo	$525,000	$248	84
33567 Cedar Crk	0.24mi	3/2.5 (-1)	2,116 (-0%)	7mo	$540,000	$255	78
33803 Mossy Gln	0.09mi	4/3.0	1,911 (-10%)	9mo	$562,000	$294	70
34232 Sweet Acacia Ct	0.58mi	4/3.0	2,108 (-0%)	2mo	$645,000	$306	69
31934 Hollyhock St	0.55mi	3/2.5 (-1)	2,117 (-0%)	5mo	$609,900	$288	65
34221 Woodmont	0.43mi	4/3.0	1,922 (-9%)	0mo	$544,500	$283	62
31941 Hollyhock	0.51mi	3/2.5 (-1)	1,961 (-7%)	4mo	$550,000	$280	56
34274 Deergrass Way	0.73mi	3/2.5 (-1)	2,110 (-0%)	7mo	$615,000	$291	54
34236 Baja Ct	0.71mi	4/2.5	1,954 (-8%)	5mo	$580,000	$297	50
34162-34162 Camelina	0.72mi	4/2.5	2,293 (+8%)	8mo	$656,000	$286	46
34278 Canyon Rim Dr	0.69mi	3/2.0 (-1)	1,907 (-10%)	9mo	$599,999	$315	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.35% appreciation · 0.96% rent growth · sell at horizon

5-year hold

• IRR: 14.4%
• Equity multiple: 2.09×
• Total profit: $155,336
• Equity at exit: $398,803

10-year hold

• IRR: 13.9%
• Equity multiple: 4.38×
• Total profit: $482,308
• Equity at exit: $803,448

Cash invested: $142,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92532

• Home prices YoY: 2.7%
• Rents YoY: 1.0%
• Active inventory: 120
• Price-to-rent: 12.4×

Monthly cashflow live

• Estimated rent: $3,416 high
• Mortgage (P&I): −$2,669
• Tax from tax record: −$568 /mo · $6,816/yr
• Insurance: −$212
• HOA: −$175
• Vacancy / Maint / Mgmt: −$717
• Net cashflow: $-926

Break-even live

Break-even rent $4,588

Max offer price $345,456

Occupancy floor —

Sensitivity live

Price	-10% $-638	-5% $-782	+0% $-926	+5% $-1,070	+10% $-1,214
Rent	-10% $-1,196	-5% $-1,061	+0% $-926	+5% $-791	+10% $-656
Rate	-1.0pp $-669	-0.5pp $-796	base $-926	+0.5pp $-1,058	+1.0pp $-1,192

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $127,250
• Closing costs: $15,270
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
32585 Winterberry Ln Lake Elsinore, CA	4.0	2.5	2116	$2,900	$1.37	5d	1	0.07mi
33546 Cedar Creek Ln Lake Elsinore, CA	4.0	3.0	1880	$3,350	$1.78	45d	1	0.14mi
33046 Canopy Ln Lake Elsinore, CA	4.0	2.5	2885	$3,300	$1.14	14d	1	0.16mi
32365 Clear Water Dr Lake Elsinore, CA	3.0	2.5	2090	$3,000	$1.44	45d	1	0.18mi
33561 Cedar Creek Ln Lake Elsinore, CA	3.0	2.5	2116	$3,100	$1.47	0d	1	0.20mi
33561 Cedar Creek Ln Lake Elsinore, CA	3.0	2.5	2116	$3,100	$1.47	20d	1	0.20mi
34212 Woodmont Lake Elsinore, CA	4.0	3.0	1922	$3,328	$1.73	0d	1	0.42mi
31952 Hollyhock St Lake Elsinore, CA	4.0	2.5	2200	$3,100	$1.41	45d	1	0.44mi
32023 Cottage Glen Dr Lake Elsinore, CA	5.0	4.0	2872	$3,590	$1.25	0d	1	0.45mi
34281 Woodmont Lake Elsinore, CA	3.0	2.5	1767	$2,995	$1.69	12d	1	0.49mi
34281 Woodmont Lake Elsinore, CA	3.0	3.0	1919	$2,995	$1.56	0d	1	0.49mi
30505 Canyon Hills Rd #1502 Lake Elsinore, CA	3.0	2.5	1565	$3,500	$2.24	20d	1	0.55mi
35570 Desert Rose Way Lake Elsinore, CA	4.0	2.5	2387	$3,000	$1.26	22d	1	0.72mi
34284 Canyon Rim Dr Lake Elsinore, CA	3.0	2.0	1907	$3,400	$1.78	20d	1	0.72mi
34322 Blossoms Dr Lake Elsinore, CA	5.0	3.0	2951	$3,600	$1.22	14d	1	0.90mi
34322 Blossoms Dr Lake Elsinore, CA	5.0	3.0	2951	$3,500	$1.19	0d	1	0.90mi
24218 Clover Way Lake Elsinore, CA	3.0	3.0	2493	$3,200	$1.28	45d	1	0.93mi
34304 Heather Ridge Rd Lake Elsinore, CA	3.0	2.5	2544	$3,100	$1.22	23d	1	1.06mi
34130 Dianthus Ln Lake Elsinore, CA	4.0	2.0	1800	$3,000	$1.67	23d	1	1.08mi
24024 Roybal Way Lake Elsinore, CA	3.0	2.5	1792	$3,400	$1.90	18d	1	1.18mi
30820 Early Round Dr Canyon Lake, CA	3.0	2.0	1408	$3,450	$2.45	7d	1	1.23mi
24024 Savory Way Lake Elsinore, CA	3.0	2.5	1805	$3,000	$1.66	45d	1	1.28mi
23775 Cruise Circle Dr Canyon Lake, CA	4.0	3.0	2070	$3,099	$1.50	45d	1	1.28mi
23775 Cruise Circle Dr Canyon Lake, CA	4.0	3.0	2070	$3,099	$1.50	0d	1	1.28mi
22910 Pheasant Dr Canyon Lake, CA	3.0	2.0	1535	$3,500	$2.28	26d	1	1.38mi
22781 Running Rabbit Ct Canyon Lake, CA	4.0	2.5	2235	$3,450	$1.54	0d	1	1.44mi

HOA detail

• Monthly dues: $175 · $2,100/yr
• Likely covers: pool

Listing history 48 events

1. 2026-06-21
   days on market $509,000 Active 229 DOM
2. 2026-06-18
   days on market $509,000 Active 226 DOM
3. 2026-06-17
   days on market $509,000 Active 225 DOM
4. 2026-06-16
   days on market $509,000 Active 224 DOM
5. 2026-06-15
   days on market $509,000 Active 223 DOM
6. 2026-06-13
   days on market $509,000 Active 221 DOM
7. 2026-06-13
   days on market $509,000 Active 220 DOM
8. 2026-06-10
   status $509,000 Active 217 DOM
9. 2026-05-08
   status Pending Sale 538-char remark

   Show marketing remark (538 chars)

   PRICED to BUY! Great family neighborhood nestled in Cedar Creek in Canyon Hills and priced to buy! Two story 4 Bedrooms with 2.5 baths at 2118 square feet. Primary bedroom has views of the surrounding hills from attached deck along with two closets. 4th bedroom has walk-in closet. Second bathroom has dual sinks and separated toilet. This house deserves a family to transform it into a HOME with your special touches. Enjoy the close by Community Pool, hot tub and playground. EZ access to schools, eateries, park, shopping and freeways.

10. 2026-04-30
    price $509,000 538-char remark

    Show marketing remark (538 chars)

    PRICED to BUY! Great family neighborhood nestled in Cedar Creek in Canyon Hills and priced to buy! Two story 4 Bedrooms with 2.5 baths at 2118 square feet. Primary bedroom has views of the surrounding hills from attached deck along with two closets. 4th bedroom has walk-in closet. Second bathroom has dual sinks and separated toilet. This house deserves a family to transform it into a HOME with your special touches. Enjoy the close by Community Pool, hot tub and playground. EZ access to schools, eateries, park, shopping and freeways.

11. 2026-01-29
    price $518,000 538-char remark

    Show marketing remark (538 chars)

    PRICED to BUY! Great family neighborhood nestled in Cedar Creek in Canyon Hills and priced to buy! Two story 4 Bedrooms with 2.5 baths at 2118 square feet. Primary bedroom has views of the surrounding hills from attached deck along with two closets. 4th bedroom has walk-in closet. Second bathroom has dual sinks and separated toilet. This house deserves a family to transform it into a HOME with your special touches. Enjoy the close by Community Pool, hot tub and playground. EZ access to schools, eateries, park, shopping and freeways.

12. 2025-11-01
    price $524,000 538-char remark

    Show marketing remark (538 chars)

    PRICED to BUY! Great family neighborhood nestled in Cedar Creek in Canyon Hills and priced to buy! Two story 4 Bedrooms with 2.5 baths at 2118 square feet. Primary bedroom has views of the surrounding hills from attached deck along with two closets. 4th bedroom has walk-in closet. Second bathroom has dual sinks and separated toilet. This house deserves a family to transform it into a HOME with your special touches. Enjoy the close by Community Pool, hot tub and playground. EZ access to schools, eateries, park, shopping and freeways.

13. 2025-10-03
    listed $539,750 Active 538-char remark

    Show marketing remark (538 chars)

    PRICED to BUY! Great family neighborhood nestled in Cedar Creek in Canyon Hills and priced to buy! Two story 4 Bedrooms with 2.5 baths at 2118 square feet. Primary bedroom has views of the surrounding hills from attached deck along with two closets. 4th bedroom has walk-in closet. Second bathroom has dual sinks and separated toilet. This house deserves a family to transform it into a HOME with your special touches. Enjoy the close by Community Pool, hot tub and playground. EZ access to schools, eateries, park, shopping and freeways.

14. 2017-04-13
    soldstatus $320,000 Closed Sale 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

15. 2017-04-13
    soldstatus $320,000

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

16. 2017-04-11
    status Pending Sale 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

17. 2017-04-08
    status Active 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

18. 2017-04-08
    price $329,900 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

19. 2017-03-29
    status Pending Sale 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

20. 2017-03-20
    historical Active Under Contract 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

21. 2017-03-18
    status Active 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

22. 2017-02-25
    status Pending Sale 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

23. 2017-02-16
    price $324,900 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

24. 2017-01-06
    listed $329,900 Active 889-char remark

    Show marketing remark (889 chars)

    Back On The Market !!!! With 2118 sq feet of living space, 4 bedrooms and 2.5 baths, this fantastic home has views of the hills that every family would be lucky to wake up to. The kitchen has a wonderful breakfast bar attached to the large center island. Downstairs has an open floor plan, perfect for conversational living complete with upgraded laminate flooring & ceramic tile. Large balcony off of the Master Bedroom has fantastic views of the surrounding hills. Fully landscaped yards, outdoor security system and in ground gas line for BBQ make this home ready for summertime! Master Bedroom includes his and her closets off the bathroom, and the #4 bedroom has a walk in closet. Upstairs guest bath has dual sinks, which helps with facilitating the before school shuffle. Current Buyer has failed to perform and seller is in the process of cancelling escrow. Call for details

25. 2010-03-31
    soldstatus $193,000 Closed
26. 2010-02-10
    status Pending
27. 2010-02-03
    listed $189,900 Active
28. 2009-10-26
    historical Hold
29. 2009-10-21
    status Active
30. 2009-05-29
    historical
31. 2009-03-22
    listed $164,500
32. 2008-07-02
    historical
33. 2007-11-18
    historical
34. 2007-11-18
    historical
35. 2007-08-25
    price $409,000
36. 2007-07-03
    listed $409,000
37. 2007-07-02
    listed $409,000
38. 2007-07-02
    listed $409,000
39. 2007-07-01
    historical
40. 2007-07-01
    historical
41. 2007-06-23
    historical
42. 2007-04-27
    price $429,000
43. 2007-04-22
    historical
44. 2007-03-25
    price $399,000
45. 2007-03-22
    listed $449,000
46. 2007-03-14
    listed $439,000
47. 2007-02-23
    listed $439,000
48. 2007-02-23
    listed $439,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $6,816 · $568/mo
• Projected year-2 tax: $6,816 · $568/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,990
• − Mortgage interest: −$28,512
• − Property taxes: −$6,816
• − Insurance: −$2,545
• − Repairs & maintenance: −$3,279
• − Management: −$3,279
• − HOA: −$2,100
• − Depreciation: −$14,807
• Taxable loss: −$20,348
• Est. tax savings @ 24.0%: +$4,884
• After-tax cash flow: $-6,226/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lake Elsinore Unified
• NCES district ID: 0600027
• Math proficiency: 34% ▲ 5.00%
• Reading proficiency: 49% ▲ 8.00%
• Median HH income: $63,829
• Composite: 37.01/100
• National rank: #4518
• State rank: #210 of 517 in CA

Livability — Lake Elsinore

• Score: 62/100
• State rank: #510
• US rank: #17250

Category grades

Amenities D Commute F Cost of living F Crime B Employment B Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Elsinore, CA
• County: Riverside County · 2,287,001 people
• City population: 89,823
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 28,055
• Household income: $122,312
• Rent vs Own: 25.3% rent · 74.7% own
• Severe rent burden: 691.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 40% Hispanic / Latino 37% Two or more races 19% Asian 10% Black 7%
• Hispanic origin (detail): Mexican 30%
• Common ancestry: Romanian 2% Slovak 1% Portuguese 1%
• Foreign-born: 19% · Canada, China, South Korea
• Languages at home: 67% English-only · Spanish 24% Tagalog/Filipino 4% Russian/Polish/Slavic 2%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.35%
• Current HPI: 315.9846
• Rent YoY: ▲ 0.96%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+15.9% since first listed

40 events — show timeline

• 2026-05-08 Pending — CRMLS
• 2026-04-30 Price Changed $509,000 CRMLS
• 2026-01-29 Price Changed $518,000 CRMLS
• 2025-11-01 Price Changed $524,000 CRMLS
• 2025-10-03 Listed $539,750 CRMLS
• 2017-04-13 Sold (Public Records) $320,000 Public Records
• 2017-04-13 Sold (MLS) $320,000 CRMLS
• 2017-04-11 Pending — CRMLS
• 2017-04-08 Relisted — CRMLS
• 2017-04-08 Price Changed $329,900 CRMLS
• 2017-03-29 Pending — CRMLS
• 2017-03-20 Contingent — CRMLS
• 2017-03-18 Relisted — CRMLS
• 2017-02-25 Pending — CRMLS
• 2017-02-16 Price Changed $324,900 CRMLS
• 2017-01-06 Listed $329,900 CRMLS
• 2010-03-31 Sold (MLS) $193,000 CRMLS
• 2010-02-10 Pending — CRMLS
• 2010-02-03 Listed $189,900 CRMLS
• 2009-10-26 Delisted — CRMLS
• 2009-10-21 Relisted — CRMLS
• 2009-05-29 Listing Removed — CRMLS
• 2009-03-22 Listed $164,500 CRMLS
• 2008-07-02 Listing Removed — CRMLS
• 2007-11-18 Listing Removed — SDMLS
• 2007-11-18 Listing Removed — CRMLS
• 2007-08-25 Price Changed $409,000 SDMLS
• 2007-07-03 Listed $409,000 CRMLS
• 2007-07-02 Listed $409,000 SDMLS
• 2007-07-02 Listed $409,000 CRMLS
• 2007-07-01 Listing Removed — CRMLS
• 2007-07-01 Listing Removed — SDMLS
• 2007-06-23 Listing Removed — CRMLS
• 2007-04-27 Price Changed $429,000 CRMLS
• 2007-04-22 Listing Removed — CRMLS
• 2007-03-25 Price Changed $399,000 SDMLS
• 2007-03-22 Listed $449,000 CRMLS
• 2007-03-14 Listed $439,000 CRMLS
• 2007-02-23 Listed $439,000 CRMLS
• 2007-02-23 Listed $439,000 SDMLS

Property tax history

+1.4%/yr

Latest (2025): $6,816 · +2.1% YoY. Source: county tax records.