215 W Graham Avenue

    Lake Elsinore, CA 92530
    • $2,400,000 - $2,500,000
    • STATUS: Active
    • ON SITE: 418 days
    • ID#: OC17240182
    UPDATED: 37 min ago
    $2,400,000 - $2,500,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,000
      SQFT
    • $278
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:

    School Ratings & Info

    Description

    The House of Siloam is a diamond in the rough! Charming Hotel, Motel, Church Retreat, Natural Mineral Spring Spa and Pool. There are currently 19 units and owner secures a permit to extend on the building for huge potential profits. The Natural Hot Spring attracts many clients who wish to absorb some of the health benefits of the Mineral Sulfur Spring Water. Mineral Sulfur Spring Water is also piped into each unit to enjoy in the deep soaking bath, with enough room for two. Upstairs has a large viewing deck. Walking path to Lake Elsinore, located next door to a National Historical Property known as The Chimes, and downtown trendy Restaurants and shopping. Newer roof. Charming Church and Banquet Room. Basketball, Ping-Pong, BBQ's, and Swimming. Lake Elsinore has been known for warm climate, blue sky, clean air, world-famous thermal winds for aerial sports and, our crowning jewel, a sparkling 3,300 acre recreational lake for exciting water sports. All of this is set against the spectacular Ortega Mountains and Cleveland National Forest, providing opportunities for hiking, biking, bird-watching or just plain relaxing in the beauty that abounds in this outdoor recreation destination

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T17:30:23.68. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/77915885

    215 W Graham Avenue Lake Elsinore, CA 92530

    • Price: $2,400,000 - $2,500,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: OC17240182
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    9,000
    SQFT
    $278
    $/SQFT
    1965
    Built
    Neighborhood:
    234 - Lake Elsinore East
    County:
    Riverside
    Area:
    234 - Lake Elsinore East
    Property Description
    The House of Siloam is a diamond in the rough! Charming Hotel, Motel, Church Retreat, Natural Mineral Spring Spa and Pool. There are currently 19 units and owner secures a permit to extend on the building for huge potential profits. The Natural Hot Spring attracts many clients who wish to absorb some of the health benefits of the Mineral Sulfur Spring Water. Mineral Sulfur Spring Water is also piped into each unit to enjoy in the deep soaking bath, with enough room for two. Upstairs has a large viewing deck. Walking path to Lake Elsinore, located next door to a National Historical Property known as The Chimes, and downtown trendy Restaurants and shopping. Newer roof. Charming Church and Banquet Room. Basketball, Ping-Pong, BBQ's, and Swimming. Lake Elsinore has been known for warm climate, blue sky, clean air, world-famous thermal winds for aerial sports and, our crowning jewel, a sparkling 3,300 acre recreational lake for exciting water sports. All of this is set against the spectacular Ortega Mountains and Cleveland National Forest, providing opportunities for hiking, biking, bird-watching or just plain relaxing in the beauty that abounds in this outdoor recreation destination
    Exterior Features

    Construction Materials Stucco Fence YN Yes Fencing BlockElectricPrivacySecurityWrought Iron Lot Features 16-20 Units/AcreNear Public TransitPark NearbySprinkler System Lot Size Units Square Feet Parking Total 30.00 Roof Asphalt

    Interior Features

    Building Features Living QuartersRec Room Condo Area Units Square Feet Cooling Zoned Cooling YN Yes Heating Zoned Heating YN Yes Laundry Features Area

    Property Features

    Accounting Type Actual Additional Parcels Description 374-172-009374-172-012 Additional Parcels YN Yes Anchors Co Tenants The ChimesHistoical Main Street. Asset Class Hotel/Motel Building Area Units Square Feet Building Name House Of Siloam Building Status Existing Business Type Recreation Country Us Current Use Comments Mineral Hot Springs Hotel Electric Standard Electric Expense 26400.00 Gross Scheduled Income 30000.00 Investment Property YN Yes Land Lease YN No Land Use Multi-FamilyOfficeOtherRetail Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Occupied Property Sub Type Hotel/Motel Resident Manager Expense 2000.00 Security Features 24 Hour SecurityAutomatic GateCarbon Monoxide Detector(S)Closed Circuit TvFire And Smoke Detection SystemResident ManagerSecurity LightsSecurity SystemSmoke Detector Special Listing Conditions Standard Tax Rate 1.01 Total Monthly Rent 30000 Trash Expense 1860.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 3830.00 Water Source PrivatePublicWell Year Built Source Seller Zoning C1

    Listing provided courtesy of Jill Medley of Jill Suzann Medley, Broker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T17:30:23.68. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Vogler Feigen Realty
    3292 E Florida Ave
    Hemet CA, 92544