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!
3,485 Sq Ft Lot in Lake Elsinore, CA – Peaceful Hillside
Location!
Own an affordable piece of Southern California in Lake Elsinore's Country Club Heights area.
This 3,485 sq. ft. lot on Ridge Road offers a peaceful hillside setting with beautiful
surroundings and convenient access to everything Lake Elsinore has to offer.
Enjoy weekends at Lake Elsinore, where you can go boating, fishing, kayaking, or simply relax
by the water. Historic Downtown Lake Elsinore is nearby with local restaurants, shops, and
community attractions, while La Laguna Resort & Boat Launch provides additional
opportunities for water recreation.
The location is also convenient for everyday living, with easy access to Riverside Drive,
Lakeshore Drive, Highway 74, and I-15. Shopping, restaurants, schools, parks, and other
services are all within a short drive.
Discount Cash Price: $
Or
Easy Terms available. Contact us..
Property Details
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County: Riverside County, CA
Size: 0.08 acres / 3,485 sqft
APN: 373-121-041
Address: Ridge Rd, Lake Elsinore, CA 92530
GPS Center: 33.66705,
-117.31955
Annual Taxes: $93.58
Access: Dirt road
Zoning info: Residential
Power at streetWhether you're looking for a future homesite or an affordable Southern California land
investment, this property offers a convenient location and plenty of potential. Request the
property maps, pricing, and available financing options today.