30505 Canyon Hills Road 406, Lake Elsinore, California 92532, Lake Elsinore, - bed, bath

home-pic
ACTIVE$465,000
30505 Canyon Hills Road 406, Lake Elsinore, California 92532
0Bed
0Bath
1,633Sqft
Lot
Year Built
2007
Close
-
List price
$465K
Original List price
$465K
Price/Sqft
-
HOA
$300
Days on market
-
Sold On
-
MLS number
PW25135764
Home ConditionGood
Features
Good View: Park/Greenbelt
ViewPark/Greenbelt

About this home

Investor Opportunity: Turnkey Income Property with Excellent Tenants and Top-Rated Schools Nearby! Attention investors—don’t miss this opportunity to acquire a high-demand rental in the heart of Lake Elsinore. Located at 30505 Canyon Hills Rd, this END UNIT 3-bedroom, 2.5-bathroom townhouse offers 1,633 square feet of well-designed space and comes with excellent tenants already in place, providing immediate and reliable cash flow. Tenants enjoy the open-concept layout, complete with a cozy fireplace and seamless flow between the living, dining, and kitchen areas—perfect for modern lifestyles. Upstairs there are 3 bedrooms including a generously sized primary suite with oversized bathroom and closet area. A built-in office niche and laundry room are also on the bedroom level. The home also includes an attached garage, and access to guest parking in a secure, gated community. Beautifully maintained community amenities including a pool and play areas add to the desirability of this community. A standout feature of this property is its proximity to top-rated schools and popular shops, which makes it especially attractive to residents and helps drive long-term value and market stability. Key highlights: Tenant-occupied and income-producing from day one; located near sought-after schools, parks, and community amenities; low-maintenance, highly rentable layout; secure gated community with attached garage and guest parking. If you're looking to expand your portfolio with a well-maintained rental property in a growing market, this is an excellent opportunity. Reach out today to schedule a viewing or request more information.

Nearby schools

5/10
Cottonwood Canyon Elementary School
Public,K-50.5mi
6/10
Herk Bouris Elementary
Public,K-51.5mi
8/10
Tuscany Hills Elementary School
Public,K-52.4mi
3/10
Railroad Canyon Elementary School
Public,K-53.0mi
6/10
Canyon Lake Middle School
Public,6-80.5mi
6/10
Menifee Valley Middle School
Public,6-83.3mi
2/10
Pinacate Middle School
Public,7-87.1mi
5/10
Elsinore High School
Public,9-123.1mi
7/10
Paloma Valley High School
Public,9-124.0mi
6/10
Temescal Canyon High School
Public,9-125.7mi

Price History

Date
Event
Price
06/19/25
Listing
$465,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds03
Baths03
Square foot1,6331,598
63%
Lot Size01,976
Price$465K$463K
50%
Price per square foot$285$291
38%
Built year200710036004
63%
HOA$300$290
63%
Days on market140138
50%
Condition Rating
Good

Built in 2007, this townhouse is 17 years old and falls within the 'Good' condition criteria. The images show a well-maintained property with a functional kitchen featuring dark wood cabinets, granite countertops, and stainless steel appliances, all in good condition. The bathrooms are also well-kept with dual vanities, a soaking tub, and a separate shower. Flooring, light fixtures, and overall interior finishes appear clean and move-in ready, requiring no immediate renovations. The property aligns with being well-maintained with minimal wear and tear, consistent with its age.
Pros & Cons

Pros

Turnkey Investment Opportunity: The property is tenant-occupied with excellent tenants already in place, offering immediate and reliable cash flow for investors from day one.
Desirable Community & Amenities: Located within a secure, gated community with well-maintained amenities including a pool and play areas, enhancing resident appeal and property value.
Prime Location for Families: Proximity to top-rated schools, parks, and popular shops makes this property highly attractive to families and contributes to long-term market stability.
Functional & Spacious Layout: An end-unit townhouse featuring 3 bedrooms, 2.5 bathrooms, 1,633 sqft, an open-concept layout with a fireplace, a primary suite, built-in office niche, and laundry room.
Low Maintenance & High Rentability: The property boasts a low-maintenance design and a highly rentable layout, making it an attractive asset for a rental portfolio.

Cons

Tenant Occupancy for Owner-Occupants: While ideal for investors, current tenant occupancy may complicate immediate owner-occupancy or extensive renovation plans for non-investor buyers.
Recurring Association Fees: A monthly association fee of $300 adds to the ongoing cost of ownership, which potential buyers must factor into their budget.
Standard View: The property offers a 'Park/Greenbelt' view, which is pleasant but not a premium view that would significantly enhance its market value compared to lake or mountain views.

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