27987 Jefferson Avenue, Menifee, CA 92585
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27987 Jefferson Avenue, Menifee, CA 92585
27987 Jefferson Avenue, Menifee, CA 92585
27987 Jefferson Avenue, Menifee, CA 92585
27987 Jefferson Avenue, Menifee, CA 92585
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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Cecilia Mutia • eXp Realty of California, Inc.
$ 245,500
Est. payment /mo
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27987 Jefferson Avenue Menifee, CA 92585

3 Beds

1 Bath

1,821 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,821 sqft

Price per Sqft $134

MLS Listing ID SW-26196894

Style See Remarks

Bedrooms 3

Full Baths 1

Year Built 1936

Lot Size 0.350 Acres

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

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 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!

Location

State CA

County Riverside

Area Srcar-Southwest Riverside County

Zoning HDR

Interior

Heating Central

Cooling See Remarks

Flooring See Remarks

Fireplaces Type None

Laundry See Remarks

Exterior

Garage Spaces 2.0

Pool None

Community Features Street Lights

Utilities Available See Remarks

View Y/N Yes

View See Remarks

Building

Lot Description Tear Down, 6-10 Units/Acre

Sewer Unknown

NEARBY SCHOOLS & PROPERTIES

Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors License ID: 01108944

+1(805) 795-1880

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27987 Jefferson Avenue