27987 Jefferson, Menifee, CA, 92585

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$245,500
68 Days On Site

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. teammutia@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
27987 Jefferson27987 Jefferson27987 Jefferson27987 Jefferson
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Monthly Payment (Est.)

$1,120
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HIGH-DENSITY RESIDENTIAL REDEVELOPMENT OPPORTUNITY IN MENIFEE! An opportunity for investors, builders and developers looking to explore future multifamily residential development or acquire and hold property in a growing Menifee corridor. The property is currently zoned HDR (High Density Residential) with previous existing utilities. Includes an existing fire-damaged, boarded single-family residence. The property is being offered in its present AS-IS condition, with the primary value and opportunity centered on the land and its future residential redevelopment potential. All three parcels must sell together total of .50 acres. HDR zoning provides an opportunity to explore higher-density residential uses, including small to medium multifamily development, subject to City approval and all applicable development requirements. This may also be an attractive opportunity for an investor seeking to acquire and hold property for future development as the surrounding area continues to evolve. Conveniently located near major transportation routes, established residential neighborhoods, shopping, services and continued growth throughout Menifee and Southwest Riverside County. Bring your vision and explore the possibilities. Buyer and buyer's representatives are strongly encouraged to conduct their own independent due diligence with the City of Menifee and appropriate agencies regarding zoning, allowable density, permitted uses, development standards, utilities, access, demolition requirements, environmental conditions and overall development feasibility. Seller and Broker/Agents make no representation or guarantee regarding the number of units that may ultimately be developed on the property. Don't miss this opportunity knocking at your door!

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Listing Snapshot
Price 
$245,500
Days On Site 
68 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
2 months agoListing first seen on site
2 months 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 
See Remarks
Water Source 
See Remarks
Zoning 
HDR
Interior Features
Cooling 
Heating 
See Remarks
Laundry Features 
None
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Exterior Features
Fencing 
Chain Link
Roof 
See Remarks
Community Features
MLS Area 
SRCAR - Southwest Riverside County
Financing Terms Available 
CashConventionalSubmit1031 Exchange


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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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