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Listed by Cecilia Mutia, DRE #01764611 • eXp Realty of California, Inc.
$ 245,500
Est. payment /mo
New
27987 Jefferson AVE Menifee, CA 92585
3 Beds
1 Bath
1,821 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,821 sqft
Price per Sqft $134
MLS Listing ID CRSW26196894
Style Other
Bedrooms 3
Full Baths 1
Year Built 1936
Lot Size 0.350 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
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 conduc
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning HDR
Interior
Heating Central Forced Air
Cooling Other
Flooring Other
Fireplaces Type None
Exterior
Parking Features Other
Garage Spaces 2.0
Pool 31, None
Utilities Available Other
View Other
Building
Story One Story
Sewer TBD
Water Other
Architectural Style Other
Others
Tax ID 329182002
Special Listing Condition Not Applicable
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