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Wow Views Views! Duplex Possibilities Second With A Structure, Beautiful Historical House As You Walk In Two Large Separate Dual Living Rooms, 3 Fireplaces, 5 Bedrooms 2 Baths. The Opportunities Are Endless.The main House is Historical Craftsmanship Home with 3354 sq. ft. of living space, featuring beautiful wood beam ceilings, crown molding, wood floors, three fireplaces, window molding, central heat/air, and copper plumbing. The home also has a parlor and built-in china cabinet, with a master suite that offers views of the lake and mountains. Additionally, there is a ***Separate Structure of Approximately 1300 Sq.Ft. 3 bedroom 2 bath home.he Address: 125 Library St, Lake Elsinore Has Separate Electron Meter, New Electrical Box/ and Electrical Installed, Shared Water Meter with Main House Grandfathered As A Second Unit. May Built Up To 3 Additional Units*** Prior it was used as a dance studio for 40 years and closed around 2017, with a lot of history with these properties. Complete with oversized enclosed carport and 100 ft RV parking. Both homes have an unobstructed view of the lake, Close to Main Street and City Parks. The zoning designation for this property is mixed-use, allowing for a combination of residential and commercial uses within a single proposed development area. The city of Lake Elsinore's master plan aims to preserve the historic assets within the downtown while allowing the area to evolve as a "city of its time" with an emphasis on retail, service, civic, and professional office uses. Residential uses are also allowed either as a stand-alone project or in combination with commercial uses. Located in the heart of the Lake Elsinore commercial area, this property is within walking distance of the lake and minutes from the 15 freeway Please see attached Supplements from The City See Pages 34-42. All 3 parcels are included, they total 26,570 Total Lot SF Included. APN 374-272-006,007,008 Please Note: buyer and buyers agent to do their due diligence. and verify with The City of Lake Elsinore call them direct At: 951.674.3124 ext. 251 Planning Department for Zoning and Permits "ALSO SEE SUPPLEMENTS". Low Taxes! NO HOA! Drive by Only: Tenants month to month, with monthly payments of $2,995.00. This is a must see! Income possibilities and more. Perfect for Conventional Loan with a Remodeling Loan For The Second Structure. Band New Appliances Available. "ALSO SEE SUPPLEMENTS". Low Taxes!