$ 1,350,000
33235 Bailey Park Drive Menifee, CA 92584
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Listed by Kenneth Thurman • Alta Realty Group CA, Inc
$ 1,350,000
Est. payment /mo
Active
33235 Bailey Park Drive Menifee, CA 92584
1,505 SqFt
UPDATED:
10/16/2024 09:09 PM
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,505 sqft
Price per Sqft $897
MLS Listing ID CROC24209704
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2010
Lot Size 1.840 Acres
Property Description
This property is uniquely situated with a grandfather-in residential rental unit or owner occupied 3/2 Manufactured Home on septic for either monthly income, office, or a personal residence. The just under two acres of flat, fenced, and very well located commercial property is located in one of the fastest growing cities in the USA, Menifee, CA. Positioned in the middle of Menifee’s booming commercial path of growth, with mulitple usage opportunities, now and on the horizon, the time to invest is now. While figuring out the next move the income from the grandfathered-in tenant occuppied $2200/mo income 3/2 manufactured home on the lot offers an income stream to help support the holding and development costs of the 1.84 acre C1/CP/SC zoned flat usable land for your project. The area is exploding with new commercial and residential developments and the City of Menifee is progressively expanding and continually allowing new exciting investment opportunities now and in your future. See attached list of approved uses for this zone in the supplements. In addition to rental unit, the property also has a septic system, outdoor restroom facility, perimeter lighting, palm trees, and completely chain link fenced and with two entry gates. The same owner is selling a matching vacant lot acr
Location
State CA
County Riverside
Interior
Heating Central
Cooling Central Air, Other
Fireplace No
Laundry Other, Inside
Exterior
Parking Type Other
Building
Water Public
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