33071 Santa Rosa
Lake Elsinore, CA 92530
Listing broker / agent: REALTY MASTERS & ASSOCIATES · DAVID MATTA · 909-815-7744 · CRMLS
MLS # IV26225634 · Last checked Oct 21, 2026 06:05 UTC
About this property
Santa Rosa Mountain Villas is a unique and highly leasable 18-unit multifamily community built in 1987, comprising approximately 17,640 square feet of rentable space. The property consists of three identical two-story apartment buildings, each with a separate legal address (33071/33081/33091), situated on an approximately 56,628-square-foot lot. Also included in the offering is an additional contiguous, undeveloped 19,750-square-foot parcel featuring approximately 62 feet of frontage on Grand Avenue, property signage, and a sewer connection. Together, the parcels comprise approximately 1.75 acres, providing potential opportunities for the development of additional units on the improved parcel and/or the adjoining outparcel, subject to applicable zoning, entitlements, and governmental approvals. Each building contains six two-story, townhome-style residences and a laundry room providing additional owner income. Each approximately 980-square-foot unit features two bedrooms, one-and-one-half bathrooms, a private enclosed rear patio, central HVAC, and an individual water heater. Nearly all residences feature vinyl plank flooring throughout the first floor and upstairs full bathroom. In recent years, several units have received additional interior upgrades, including quartz or granite countertops in kitchens and bathrooms, as well as stainless-steel gas ranges, microwaves, and dishwashers. With its combination of townhome-style floor plans, substantial parking, lake and mountain views, operational efficiencies, additional land, and possible future development potential, Santa Rosa Mountain Villas presents investors with a distinctive multifamily investment opportunity in Southern California.
Property details
- MLS number
- IV26225634
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 1.7534 acres
- Year built
- 1987
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Year built
- 1987
- Year built source
- Assessor
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Roof
- Composition, Shingle
Rooms & interior
- Flooring
- Carpet, Laminate
- Heating
- Central, Natural Gas
- Cooling
- Central Air
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 63
- Garage spaces
- 0
- Parking
- Assigned, Concrete, Unassigned
- Pool
- None
- Lot features
- Back Yard, Sloped Down, Front Yard, Garden, Greenbelt, Lawn, Landscaped
- Lot size source
- Assessor
- Fencing
- Block, Chain Link, Wood, Wrought Iron
- Property outlook
- Lake, Mountains
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Natural Gas Connected
- Community features
- Lake, Mountainous, Park, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Lakeside High Lake Elsinore Unified · Lake Elsinore | 9–12 | 1.7 mi |
| Elsinore Middle Lake Elsinore Unified · Lake Elsinore | 6–8 | 2.1 mi |
| Machado Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 2.4 mi |
| Elsinore Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 2.5 mi |
| Ortega High Lake Elsinore Unified · Lake Elsinore | 9–12 | 2.7 mi |
| Lakeland Village (school website, opens in a new tab) Lake Elsinore Unified · Lake Elsinore | K–8 | 2.8 mi |
| Withrow Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 2.9 mi |
| Railroad Canyon Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 3.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $4,700,000
- MLS-reported original asking price
- $4,700,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 21, 2026 04:53 | $4,700,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Lake Elsinore
Active residential homes for sale in Lake Elsinore, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
54 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 06:16 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗