138 E Peck St, Lake Elsinore, CA 92530 (MLS # IV26011016)
Come enjoy an incredible opportunity to own a beautifully upgraded income-producing duplex in the heart of Lake Elsinore. This exceptional property offers flexibility, strong rental potential, and modern living"”all within walking distance to downtown dining, shopping, and just moments from the lake.
The front unit has been completely remodeled and features 3 bedrooms, 2.5 bathrooms, and approximately 1,500 square feet of thoughtfully updated living space. With its modern finishes and inviting layout. This unit currently rents the shed in back for additional income.
The rear unit, built in 2023, offers 3 bedrooms and 2 bathrooms with approximately 1,300 square feet of contemporary living. Both units are in excellent condition and each includes its own private laundry room, separate gas and electric meters, and a sub-metered water meter, making this an ideal setup for owner-occupants or investors alike.
Both units are currently rented, with the option for tenant-occupied or vacant delivery at close of escrow, offering flexibility to live in one and rent the other"”or rent both and enjoy immediate income.
Additional highlights include a shared driveway, well-maintained exteriors, and a prime downtown Lake Elsinore location that enhances long-term rental demand.
Some reasons this is a great buy: Amazing rental opportunity, Live in one, rent the other"”or rent both, Close to the lake and walkable to everything, Strong income potential in a growing area
Please note: Photos have been digitally enhanced to remove tenants' personal belongings for privacy and security.
Don't miss this rare opportunity to own a beautifully renovated, newer-construction duplex in one of Lake Elsinore's most desirable locations. Schedule your private showing today and explore the income and lifestyle potential this exceptional property has to offer.
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DAYS ON MARKET
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0
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LAST UPDATED
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1/16/2026
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YEAR BUILT
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1936
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COMMUNITY
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SRCAR - Southwest Riverside County
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COUNTY
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Riverside
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STATUS
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Active
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PROPERTY TYPE(S)
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Residential Income
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| AIR |
Central Air, Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Gas Water Heater |
| AREA |
SRCAR - Southwest Riverside County |
| BASEMENT |
Yes |
| CONSTRUCTION |
Stucco |
| EXTERIOR |
Garden, Lighting |
| FIREPLACE |
Yes |
| HEAT |
Central |
| INTERIOR |
Ceiling Fan(s), Master Downstairs, Walk-In Closet(s) |
| LOT |
7405 sq ft |
| LOT DESCRIPTION |
Garden, Paved, Sprinklers In Front |
| LOT DIMENSIONS |
7405 |
| PARKING |
Concrete, Driveway, Shared Driveway, On Street, Unassigned |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Traditional |
| UTILITIES |
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| WATERFRONT DESCRIPTION |
Lake |
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Listed with RE/MAX CHAMPIONS
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/16/26 11:13 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.
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