THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $9000. The duration of the note is 12 months. On a $1 down payment, the monthly payment would be approximately $750/month, including principal, interest, property taxes, and servicing fee. There is no prepayment penalty to pay the note off faster.
The down payment will be $1000
(which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $12,600 (due to bid4assets) will be due within 3 business days of the auction's close and may be paid by, cashier's check, or wire transfer.
This is a land contract sale, where the deed is held in escrow and will not be recorded until the note is paid in full. All monies paid are non-refundable.
Bidders are responsible for due diligence on property condition, back taxes,
PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID!
0.15 Acres in Lake Elsinore, CA – Hillside Lot Near Lake &
Downtown
Discover an affordable opportunity to own 0.15 acres in Lake Elsinore's Country Club
Heights area. Located on Dempsey Avenue, this hillside parcel offers a peaceful setting with
easy access from paved Reid Street, making it convenient to reach while enjoying the elevated
surroundings of the neighborhood.
The sloped terrain gives the property potential for a home designed to take advantage of the
natural hillside setting and surrounding views. Whether you're looking to build in the future or
secure land as a long-term investment, this parcel offers plenty of possibilities. Buyers should
verify zoning, utilities, access, and buildability with the appropriate county and city agencies.
Enjoy everything Lake Elsinore has to offer just minutes away. Spend the day boating, fishing,
kayaking, or relaxing at Lake Elsinore, explore the shops and restaurants of Historic
Downtown Lake Elsinore, or head to La Laguna Resort & Boat Launch for more waterfront
recreation.
With convenient access to Highway 74 and I-15, you're also within easy reach of shopping,
restaurants, schools, parks, and surrounding Riverside County communities.
Discount Cash Price: $
Or
Easy Terms available. Contact us..
Property Details
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County: Riverside County, CA
Size: 0.15 acres
APN: 375-071-095
Address: Dempsey Ave, Lake Elsinore, CA 92530
GPS Center: 33.68655,
-117.35845
Annual Taxes: $96.2
Access: Dirt road?
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Zoning info: Residential
Power nearby
If you're looking for an affordable parcel in a scenic Lake Elsinore neighborhood, this property
offers a convenient location and plenty of future potential. Request the property maps, pricing,
and available financing options today.