$1,400,000

3 bd

2.0 ba

1,344 sqft

1984 built

Last verified: Oct 13, 2026

29489 3rd, Lake Elsinore, CA 92532

Richard Knapp, Jr

Coldwell Banker Realty

Call

Description

Location Location Location . Value in Land .1 acre with a manufactured home / Home is a fixer and selling AS - IS /. Chapter 17.134 . CMU Commercial Mixed Use District. Permitted use: Apartments , Row housing , townhomes , Supportive housing , Food establishment, Financial , Live and work unit , Medical office , Professional offices, Parking facility, Retail , side walk vendors , Caretaker quarters , Bed and breakfast and more . Other use subject to CUP : Animal Hospital , Bar / PUB / Lounge , Card room , Catering services , Day Care , Condominium complex, Massage establishment , Assembly use ,Residential care facility and more . Temporary TUP : Open air market / food trucks . This property is next to LA fitness, Super Walmart, In and out burger , Douglas burger, Costco, Home Depot, Lowes and more . Easy on and off the 15 Freeways at main street , central or other exits. Live in home while you go threw process to add a drive thru restaurant , up to 18 apartments , church and or any CMU . See supplement for Restaurant Funding / Loans . Easy on and off the 15 freeway or 215 freeways .

Listed by Richard Knapp, Jr | Coldwell Banker Realty | California Regional MLS. This information is believed to be accurate, but without warranty.

Why Park & Place thinks this is a deal

AI-generated listing insights

3BR Manufactured Home on 0.1 Acre in Lake Elsinore

3-bedroom, 2-bath manufactured home on a 0.1-acre lot in Lake Elsinore, built in 1984 and priced at $1,400,000 ($1,042/sq ft) for 1,344 sq ft. The seller notes the home is a fixer and sold AS-IS. The property is in a CMU Commercial Mixed Use District (Chapter 17.134) with multiple permitted uses listed, including apartments, row housing, townhomes, supportive housing, food establishment, financial, live and work unit, medical office, professional offices, parking facility, retail, side walk vendors, and caretaker quarte.

Price per sq ft

Listed price $1,400,000 for 1,344 sq ft equals about $1,042 per sq ft.

Lot size and zoning

0.1 acre lot (about 4,356 sq ft); zoning is CMU Commercial Mixed Use District with many listed permitted uses.

AS-IS fixer status

Home is described as a fixer and selling AS-IS.

Location

Estimated Monthly Payment

Down Payment: 20%

0% $0 50%

Interest Rate: 7.5%

4% 12%

Loan Term

Est. Monthly Payment

$0/mo

Principal & Interest only

Get Pre-Qualified Today!

Compare lenders & find the best rates

Site & Ownership Details

The listing description does not confirm foundation type, space rent, land ownership, or financing eligibility. Please verify these details with the seller and your lender.