Menifee CA Multi Family for Sale
$570,000
23960 Norma Drive Menifee, CA 92587
- Type:
- Mixed Use
- Sq.Ft.:
- 2,695
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- CV24253850
ADDITIONAL INFORMATION
3-unit rental complex located in Quail Valley, Menifee. Two 3-bedroom 2-bath units, and one commercial front with three office spaces and one restroom Septic system (new) for adjoining units. Fixer, being s converted from a 4-unit apartments to a 3-unit mixed used. Construction permits expired, need to re-submit. Two lots are included in this sale: lot 35 with the building on it, and lot 34 next to it (at 23950 Norma Dr) with the septic system. The total lot size is 10,454 sq ft combined. Sold As-ls. Buyer/Buyer Agent to verify all information. Information in this ad is deemed rellable but not guaranteed
$1,600,000
30640 Old Windmill Road Menifee, CA 92584
- Type:
- Fourplex
- Sq.Ft.:
- 4,875
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.14 Acres
- Year built:
- 1981
- Baths:
- MLS#:
- PW24245611
ADDITIONAL INFORMATION
30640 Old Windmill rd features 2 manufactured homes, a Duplex & a detached 4 car garage on close to 1.25 acres located in the "Community Core" of Menifee's Economic Development Corridor. The main Home is a 1,875 sq ft 4 bedroom 2 bath Manufactured Home on a 433A certified permanent foundation built in 1981, the duplex consists of a 2 bedroom unit upstairs & a 2 bedroom unit downstairs with approximately 1,000 sq ft each. At the back of the lot is a second manufactured home with 2 bedrooms & 2 baths. There is development potential & the neighboring properties, 30581 Old Windmill rd & 30620 Old Windmill rd are listed for sale as well.
$1,350,000
33235 Bailey Park Drive Menifee, CA 92584
- Type:
- Mobile Home
- Sq.Ft.:
- 1,505
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.84 Acres
- Year built:
- 2010
- Baths:
- MLS#:
- OC24209704
ADDITIONAL INFORMATION
This property is uniquely situated with a grandfather-in residential rental unit or owner occupied 3/2 Manufactured Home on septic for either monthly income, office, or a personal residence. The just under two acres of flat, fenced, and very well located commercial property is located in one of the fastest growing cities in the USA, Menifee, CA. Positioned in the middle of Menifee’s booming commercial path of growth, with mulitple usage opportunities, now and on the horizon, the time to invest is now. While figuring out the next move the income from the grandfathered-in tenant occuppied $2200/mo income 3/2 manufactured home on the lot offers an income stream to help support the holding and development costs of the 1.84 acre C1/CP/SC zoned flat usable land for your project. The area is exploding with new commercial and residential developments and the City of Menifee is progressively expanding and continually allowing new exciting investment opportunities now and in your future. See attached list of approved uses for this zone in the supplements. In addition to rental unit, the property also has a septic system, outdoor restroom facility, perimeter lighting, palm trees, and completely chain link fenced and with two entry gates. The same owner is selling a matching vacant lot across the street on Bailey Park Blvd closer to 215 Frwy, MLS listing # OC24165183, and will consider a package deal discount if both you can use both parcels.
Menifee Real Estate
The median home value in Menifee, CA is $569,999. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Menifee, CA is $569,999. Approximately 73.89% of Menifee homes are owned, compared to 19.7% rented, while 6.41% are vacant. Menifee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Menifee real estate agent to arrange a tour today!
Menifee, California has a population of 101,089. Menifee is more family-centric than the surrounding county with 35.99% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Menifee, California is $80,741. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Menifee is 37.3 years.
Menifee Weather
The average high temperature in July is 98.2 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 12 inches per year, with 0 inches of snow per year.