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$1,900,000

0 Machado St Lake Elsinore, CA 92530

1.0 acres
Land

Property details

About 0 Machado St

PROJECT HIGHLIGHTS Prime Development Opportunity –68-Unit Apartment Land on Machado Street, Lake Elsinore Presenting a rare opportunity to acquire entitled land for a 68-unit apartment development in the heart of Lake Elsinore’s thriving residential corridor. Located on Machado Street, this project site is ideally situated in a neighborhood predominantly surrounded by new single-family home communities, offering a unique chance to introduce much-needed multi-family housing to a fast-growing area. This site provides tremendous upside for developers and investors seeking to build in a market with strong rental demand, limited supply of new apartments, and a supportive local municipality for residential growth. Lake Elsinore continues to attract families and professionals with its natural beauty, affordability, and proximity to major employment hubs via the I-15 freeway. Project Highlights: Proposed for 68 apartment units for market rate – The developer or builder will need to finish entitlement process Surrounded by established and new SFR communities – ideal for tenants seeking rental alternatives in family-friendly neighborhoods Flat and accessible land with utilities nearby Close to schools, parks, shopping centers, and public transit Strong local and regional demographics with population growth and increasing housing needs This project aligns perfectly with the city’s vision for smart, sustainable growth while addressing the region’s housing shortage. Don’t miss the chance to develop a community that will stand out in a neighborhood dominated by for-sale homes—renters will love the location, and investors will love the returns.

Highlights

Home typeOther
StatusActive
Lot size1 Acres
MLS #NDP2503672
ViewNeighborhood

Summary

  • View: Neighborhood
  • List Price: $1,900,000
  • HOA Amount: $0
  • Directions: The project is very close to the lake, easy to find.
  • Lot Size: 1 Acres
  • MLS Number: NDP2503672
  • MLS Name: CRMLS
  • Office Name: JCA International Realty Inc
  • Office Email: kay@kwolfrealty.com
  • Listing Agent: Kyoko Wolf

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 1:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

3

Withrow Elementary School

Public District KG-5

1.2 mi

30100 Audelo St

3

Machado Elementary School

Public District KG-5

1.5 mi

15150 Joy St

7

Rice Canyon Elementary School

Public District KG-5

2.3 mi

29535 Westwind Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,057. The majority of Lake Elsinore, CA residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

25%
<35k
45%
35k-100k
26%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

27%
Single, No Kids
17%
Single, with Kids
29%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • MotocrossMotocross
  • College FootballCollege Football

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • JeepJeep
  • KiaKia

What do the neighbors listen to?

  • CountryCountry
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 0 Machado St

The listing price of 0 Machado St property is $1,900,000.

The property 0 Machado St is land located in Lake Elsinore, California, 92530.

Active Listing: 0 Machado St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 0 Machado St are: Withrow Elementary School (GreatSchools Rating 3/10), Machado Elementary School (GreatSchools Rating 3/10), Rice Canyon Elementary School (GreatSchools Rating 7/10), Terra Cotta Middle School (GreatSchools Rating 4/10), Elsinore Middle School (GreatSchools Rating 3/10), Luiseno Elementary School (GreatSchools Rating 5/10), Lakeside High School (GreatSchools Rating 5/10), Ortega High School (GreatSchools Rating 4/10), Keith Mccarthy Academy (GreatSchools Rating 3/10).

The property 0 Machado St is 1 acres.

This home is located at 0 Machado St in Lake Elsinore, CA and zip code 92530 in the Lake View Sphere neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $1,900,000.

While more than 25 listings in Lake Elsinore, CA in June 2025 were sold above asking price, there were more than 20 listings sold at asking price, and more than 25 were sold below. In June 2025 in Lake Elsinore, CA there were 0.5% less homes for sale than in May. Listings spent 48 days on the market in June 2025, and had a median list price of $600,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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