About This Home
This 0-bedroom, 0-bathroom residential multi family at 27987 Jefferson in Menifee, CA is listed for $245,500. on a N/A lot.
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 S9.130.020.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.
Monthly Cost Estimate
$1,313/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
27987 Jefferson
Menifee, CA 92585
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 27987 Jefferson is listed at $245,500. The estimated monthly payment is $1,313 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
This property is listed by Cecilia Mutia and can be reached at 9514913372.


