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Active
27987 Jefferson Menifee, CA 92585
0.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW26153260
HOA Y/N No
Lot Size 0.500 Acres
Property Sub-Type Multi Family
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. HDR zoning provides an opportunity to explore higher-density residential uses, including 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 See Remarks
Cooling See Remarks
Inclusions Fire damage structure
Fireplace No
Laundry None
Exterior
Fence Chain Link
Utilities Available See Remarks
Roof Type See Remarks
Present Use Multi-Family
Building
Lot Description 6-10 Units/Acre
Story 1
Water See Remarks
Others
Tax ID 329182002
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
Listed by Cecilia Mutia eXp Realty of California, Inc. 951-491-3372, DRE #01764611