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$245,500
New Listing

27987 Jefferson
Menifee, CA 92585

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,821
SqFt
$135
/SqFt
County:
Riverside
Listed by Cecilia Mutia of eXp Realty of California, Inc. [email protected]
27987 Jefferson27987 Jefferson
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Monthly Payment (Est.)

$1,120
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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.

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Listing Snapshot
Price 
$245,500
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,821 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
N/A
MLS® Number 
SW26153260
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
13 hours agoListing first seen on site
13 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.5
Additional Property Use 
Multi-Family
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
1821
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
HDR
Interior Features
Laundry Features 
None
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Exterior Features
Fencing 
Chain Link
Community Features
Financing Terms Available 
CashConventionalSubmit1031 Exchange
MLS Area 
SRCAR - Southwest Riverside County


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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