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Updated 5 hours ago

(*) N Chestnut 242


242 N Chestnut St Lake Elsinore, CA

1 Bed
1 Bath

574 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,395
574 ft2
1 Available
Managed By: Access Asset Management
Unit 2
$1,395
Available Now
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2 Beds • 1 Bath
$1,095
667 ft2
0 Available
Managed By: Access Asset Management
242 N Chestnut - 2
$1,095
Rented
View
3 Beds • 1 Bath
$1,600
1000 ft2
0 Available
Managed By: Access Asset Management
242 N Chestnut - 1
$1,600
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
48
Car-Dependent
Amenities
On-site Laundry
Air Conditioning
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Balcony, Deck, Patio
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $1,395
Property details
Description

Cozy One Bedroom, One Bath Unit Home in The Heart Of Lake Elsinore! - This cozy One bedroom, One bathroom triplex unit is perfect for anyone looking for a comfortable living space in a convenient location. Inside the unit, you'll find a comfortable bedroom, along with a full bathroom featuring a stand-up shower. The living area provides ample space to relax and unwind, and the kitchen is roomy with plenty of kitchen cabinets. This triplex is located in the heart of downtown Lake Elsinore, putting you within close distance of all the local shops, restaurants, and attractions. You'll love being able to explore all that this vibrant community has to offer. Don't miss out on this opportunity to rent in one of Lake Elsinore's most desirable locations. Contact us today to schedule a showing of 242 N Chestnut - 3!
*** This property is subject to special utility billing based on the square footage for the following utilities: Electricity
*** Flat Fee of $45/mo for Water, Gas, Trash
*** SHOWINGS AVAILABLE NOW ***
Please call (866) 830-4401 for more information or call (951) 345-4146 to schedule a showing
**PLEASE APPLY ON OUR WEBSITE ONLY * NO ZILLOW * OUR WEBSITE IS - WWW dot ACCESSASSET dot COM **
***Sorry, No pets allowed on this property.***
Twelve (12) month lease term minimum unless otherwise stated. Security deposit required prior to move in. Minimum security deposit equal to one (1) months rent, additional security deposit may be required based on the eligibility of the household.
Renters must obtain a renters insurance policy with liability coverage or a standalone liability policy of no less than $250,000.00 as a requirement of tenancy. Proof must be provided prior to occupancy of the premises.
Photos displayed for this property are deemed reliable, but are not a guaranteed representation of the subject property. We recommend you view the property prior to applying to ensure that you are satisfied with the condition (interior and exterior) and floor-plan of the property. Any cosmetic repairs, cleaning, landscape, or paint concerns not addressed prior to the tenant placing a deposit on the property will be deemed satisfactory. At the time of placing a security deposit on the property, the tenant accepts the property as is, where is, with all its faults unless otherwise agreed to in writing.
Applicant Screening Policy
The following items are required for application to be processed:
• Copy of a valid drivers license or Government Issued ID
• A valid social security number
• Proof of income
• County registration for pet(s), and a photo
• You can email any of the above items to App @ AccessAsset . com
• Management and Rental Owner Reserve the Right to Request Additional Documentation
The following are minimum requirements that you will have to meet in order to be considered for a rental:
• Income needs to be documented via pay stubs, tax returns, or bank statements in order to be considered in ratios.
• Verification of employment will be conducted via fax, phone, email, or letter. All four may be used in conjunction.
• Monthly gross income must meet or exceed guidelines for the subject property.
• A background check will be conducted in accordance with state and federal guidelines. Any applicant evicted from a prior home or residence within the last 10 years, any applicant convicted of the manufacture of or distribution of a controlled substance in the last 10 years, any applicant convicted of a violent felony or misdemeanor in the last 10 years may be denied residency based on a review of the facts and circumstances surrounding any such incident(s). Any applicant whose combined household debt-to-income ratio falls below accepted ratios may be declined. An increased security deposit and/or an increased lease rate may be offered to applicants whose combined household score do not meet our criteria in order to supply the landlord with additional security and incentive to accept an application that otherwise falls below Access' standards. Access Asset Management, Inc. strictly abides by housing laws and any applicant whose household make-up exceeds safety standards will be denied residency.
• There is a $50.00 non-refundable application fee per adult residing in the home. This application fee is due up front. All move-in costs are due prior to move-in. Certified funds required; money order or cashier's check only. Funds are used to obtain credit reports, employment verification, eviction search, criminal court search, current and previous landlord character reference verification, property management collection search, staff time and overhead.
• All adults over the age of 18 must submit an application.
• Any applicant denied residency will be able to appeal the decision and provide evidence to support their reasoning in requesting an appeal. An appeal must be submitted within 3 days of disposition of the application to be considered. Applicant's going through the appeal process understand that other applicants may be accepted, processed, and approved during the appeal process. An appeal does not entail "holding" a property while an appeal is being evaluated.
No Pets Allowed
(RLNE5351981)

Additional Details
Total Unit Count: 3
Last Updated: Updated 5 hours ago
Contact Number: (866) 830-4401
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
Frontier Communications Corporation 115.0 115.0
San Diego Broadband 100.0 30.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for (*) N Chestnut 242 by bedroom type below.
1 Bedroom
Suggested income:
$50,200
per year
Rent report

(*) N Chestnut 242 Rent vs. Lake Elsinore Average

 (*) N Chestnut 242      Lake Elsinore Average
1BR
$1,395
$1,562
$0
$550
$1,100
$1,650
$2,200

(*) N Chestnut 242 is asking 11% less than the average 1 bedroom apartment in Lake Elsinore.

If you upsized to an average priced Lake Elsinore 2 bedroom apartment, you would pay 6% more per month.

If you downsized to an average priced Lake Elsinore studio apartment, you would pay 41% less per month.

(*) N Chestnut 242 provides 28% less square footage than the average Lake Elsinore 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
(*) N Chestnut 242
1BR $1,395 $2.40 $4,185
Lake Elsinore Average
Studio $1,109 $3.40 $3,326
1BR $1,562 $2.00 $4,686
2BR $1,670 $1.80 $5,010
3BR $2,595 $2.00 $7,785
4BR $3,195 $1.00 $9,585

Availability in Lake Elsinore

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 8 3BR units on the market in Lake Elsinore. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
13% 6% 23% 26% 23%
Available Units in Lake Elsinore
Studio 4
1BR 2
2BR 7
3BR 8
4BR 7
Location
Nearby Hospitals
Name Distance
Southwest Healthcare System Wildomar 7.32 mi.
Menifee Valley Medical Center 9.6 mi.
Loma Linda University Medical Center Murrieta 9.69 mi.
Nearby Fire Stations
Name Distance
Lake Elsinore Fire Service 0.46 mi.
Perris Fire Services 0.46 mi.
Perris Fire Services 1.71 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 574 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
(*) N Chestnut 242 has a 1 bedroom unit starting at $1,395.
Where is this property located?
This property is at 242 N Chestnut St in Lake Elsinore, CA. It's 0.7 miles north from the center of Lake Elsinore.
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