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Lake Elsinore, CA 92530 31760 Casino Drive

$9,750,000

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Presented By: ROBERT ARRIETA with ROBERT ARRIETA, BROKER; 951-892-5963
  • MLS# IV22178899
  • 08/13/2022
  • Request Tour
  • Request Info
  • FootageSQFT • 32,000

Home Details

100% OCCUPIED STABALIZED ASSET, 2/3 COUNTY OF RIVERSIDE, OTHER LONG TERM TENANTS ARE RANCHO THERAPY & RENEWAL CHURCH. LOTS OF TI'S IN ALL SPACES. SOME UPSIDE STRATEGY AVAILABLE. FREEWAY EXPOSURE AND LAKE VEIW. APPROX 32,000 USABLE SQ FOOTAGE ON 2.51 ACRES.
Presented By: ROBERT ARRIETA with ROBERT ARRIETA, BROKER; 951-892-5963

Interior Features for 31760 Casino Drive

Other Interior Features

LivingAreaSourceEstimated
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Street SuffixDrive

General for 31760 Casino Drive

Additional Parcels Description363171022, 363171024, 363171012, 363171013, 363171014
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.0
Carport Y/NNo
CityLake Elsinore
CoolingCentralAir
CountyRiverside
Days on Market506
Directions15 FRWY ADJACENT AT RAILROAD CANYON EXIT MAKE GO SOUTH, LEFT AT CASINO DR
Garage Y/NNo
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet109335.6
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
Net Operating Income591042.11
New ConstructionNo
Number of Units Leased3
Occupancy TypeTenant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameCasino
TopographyLevel
View Y/NNo
Waterfront Y/NNo
Year Built1980
Year Built SourceEstimated

Exterior for 31760 Casino Drive

Building Area Total32000.0
Crops Included Y/NNo
FencingBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit, Flat
Lot Size Acres2.51
Lot Size Area109335.6
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $9,750,000
MLS#IV22178899
List Date 08/13/2022
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors