17630 Nelson Avenue, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath

ACTIVE$350,000
17630 Nelson Avenue, Lake Elsinore, California 92530
2Beds
2Baths
1,052Sqft
3,049Lot
Year Built
1988
Close
-
List price
$350K
Original List price
$300K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25235819
Home ConditionPoor
Features
ViewNeighborhood
About this home
Welcome to Lakeland Village 17630 Nelson Avenue in Lake Elsinore Priced to reflect the need for significant cosmetic and improvements, this home is a blank canvas ready for your personal touch and design choices. Features 2 bedrooms and 2 bathrooms across 1,052 square feet of living space—a perfect footprint to reimagine a modern, functional home.
Price History
Date
Event
Price
10/16/25
Price Change
$350,000+16.7%
10/09/25
Listing
$300,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (308 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 7% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,052 | 1,830 | 6% |
| Lot Size | 3,049 | 7,405 | 3% |
| Price | $350K | $582K | 2% |
| Price per square foot | $333 | $327 | 53% |
| Built year | 1988 | 2005 | 29% |
| HOA | |||
| Days on market | 27 | 191 | 0% |
Condition Rating
Poor
The property was built in 1988, making it 36 years old. The MLS description explicitly states it 'needs significant cosmetic and improvements' and is a 'blank canvas,' indicating substantial rehabilitation is required. The exterior images show significant deferred maintenance, including peeling paint, a boarded-up garage door, and an outdated window air conditioning unit, suggesting major systems and aesthetics are in poor condition. Without interior photos, it's reasonable to infer that the kitchen and bathrooms would also require extensive renovation to meet modern standards.
Pros & Cons
Pros
Renovation Potential: The property is explicitly marketed as a 'blank canvas' requiring cosmetic and significant improvements, offering buyers a unique opportunity for customization and value creation.
Accessible Price Point: Listed at $350,000, this single-family home presents a relatively affordable entry into the California real estate market, appealing to first-time buyers or investors.
Functional Layout: With 2 bedrooms and 2 bathrooms across 1,052 square feet, the home offers a practical and manageable footprint, ideal for modern living post-renovation.
Single-Family Residence: As a detached home, it provides privacy, potential for land appreciation, and greater control over property modifications compared to attached housing.
Established Community: Located in Lakeland Village, Lake Elsinore, the property benefits from being part of an existing residential community.
Cons
Extensive Renovation Needs: The property requires 'significant cosmetic and improvements,' indicating substantial upfront investment and effort from the buyer.
Small Lot Size: At 3,049 square feet, the lot is relatively small for a single-family home, potentially limiting outdoor living space or future expansion possibilities.
Pricing Above Estimated Value: The current list price of $350,000 is above the estimated property value of approximately $328,643, and reflects a recent price increase, which may require justification to potential buyers.
