27987 Jefferson AVE, Menifee, CA 92585

$245,500
3
BD
1
BA

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Listed by Cecilia Mutia, 951-216-2019 from eXp Realty of California, Inc.
(If provided) CoList: from

List Price
$245,500
MLS#
CRSW26196894
Status
ACTIVE
Levels
One Story
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Lot Size
15,246
Listing Area
Srcar - Southwest Riverside County
Year Built
1936

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

Additional Information

Acres
0.35
Cooling System
Other
Fireplace Description
None
Floor Covering
Other
Garage Parking
Other
Heating System
Central Forced Air
Levels
One Story
Lot Size
15,246
Neighborhood
Srcar - Southwest Riverside County
Other Rooms
Other
Other Utilities
Other
Pool Description
31, None
Sewer
TBD
Style
Other
Unincorporated Yn
Yes
View
Other
Zoning
HDR

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