27987 Jefferson, Menifee, CA 92585

$245,500

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List Price
$245,500
Status
ACTIVE
MLS#
SW26153260
Lot Size
21,780
Acres
0.50
Lot Location
6-10 Units/Acre
Days on Market
14
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

This is the land play small builders have been waiting for in Menifee. Two legal parcels totaling 0.50 acres (21,780 SF), zoned High Density Residential (HDR) per City of Menifee Development Code §9.130.020.F — supporting up to 10–12 units depending on structure type and entitlement. Menifee is one of Southern California's fastest-growing cities (110,000+ residents, +32% since 2010). 2BD rents at $2,100–$2,400/mo. Multifamily vacancy sub-5%. Strategically positioned near I-215 (25 mi south of Riverside, 15 mi north of Temecula), walking distance to elementary school, park, shopping is minutes away, and Menifee employment nodes. Two parcels (APN 329-182-002/ 15,246 sq ft lot and APN 329-182-001/6,534 sq ft lot) may be merged for a unified site plan or developed independently for phased financing. Buyer to verify zoning, entitlements, and all development feasibility with City of Menifee Planning Dept. The fire-damaged structure has been board-secured, lot has been cleared of vegetation, and it is ready for your architect and civil engineer. No HOA. Public sewer and water are already connected to the site, a significant cost advantage over raw land. Not ready to build that is ok just hold on to it until the time is right. Don’t miss out on this great opportunity. Professional pictures and aerial photos forth coming.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Cecilia Mutia (teammutia@gmail.com) from Listing Office: eXp Realty of California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.