18574 Collier Avenue Lake Elsinore, CA 92530
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Zoned commercial. 1.17 acres between Collier Avenue and the I15 freeway. 1204 square house on the property built in 1952. The house is completely updated and is a rental $1,830 per month. 500 square back house on the property built in 1975. The back property is rented for $830 per month. There is an 800 square foot industrial building on the lower part of the property. There is a working well on the property, and the property is not currently connected to city water. There is a freeway sign on the property. The sign is owned by LAMAR Advertising, and Lamar pays approximately $16,500 per year in sign rental. Current estimated yearly income is ($1830*12 + $830*12 +$16500) = $48420
|3 weeks ago||Listing updated with changes from the MLS|
|2 months ago||Status changed to ACTIVE|
|2 months ago||Price changed to $1,999,000|
|8 months ago||Listing first seen online|
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