27987 Jefferson Menifee, CA $ 245,500
27987 Jefferson
$ 245,500
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27987 Jefferson

Menifee, CA, 92585
$ 245,500
Bedrooms-- Baths-- Sq 1,821

Monthly Estimate*

$ 1,550

Listed by eXp Realty of California, Inc.
27987 Jefferson, Menifee, CA 92585 - Image 1
27987 Jefferson, Menifee, CA 92585 - Image 2
27987 Jefferson, Menifee, CA 92585 - Image 3

Commercial Property for sale in Menifee, CA

for $245,500. This 1,821 square foot building was built on a lot size of 0.5.

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 §9.130.020.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.

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Commercial Active

Price

$ 245,500

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.5

Town/City

Menifee

County/Region

Riverside

MLS | Web ID

SW26153260

Days on Market

2

Features
General
Utilities Sewer Connected
Zoning HDR
Property Subtype Multi Family
Current Use Multi-Family
Additional Parcels Description 329182001
County Riverside
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Hwy 74 to Antelope Ave. to Jefferson Ave.
City Menifee
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Square Feet
Lot Size Square Feet 21780
Listing Terms Cash Conventional 1031 Exchange Submit
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Multi Family
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Interior
Total Stories 1
Laundry Features None
Entry Level 1
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Exterior
Fencing Chain Link
Lot Features 6-10 Units/Acre
Water Source Public
Lot Size Area 21780
Building Area Total 1821
Lot Size Acres 0.5
Lot Size Source Assessor
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* Excluded Features
List By
Exp Realty Of California, Inc.

Broker

teammutia@gmail.com

Email

Affordability Calculator

$1,550
Per Month
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Monthly Principal & Interest
$1,550
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$245,500 Listed Price

Map


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27987 Jefferson, Menifee, CA, 92585 is a Commercial Property for sale at $245,500 with 1,821 sqft and a lot size of 0.5. The property's zip code is 92585 which is in Menifee, CA