8
See all 8 photos
$1,250,000
Est. payment /mo
1.84 Acres Lot
Price Dropped by $100K
33235 Bailey Park DR Menifee, CA 92584
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UPDATED:
02/25/2025 05:38 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24209704
Originating Board California Regional MLS
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 acros
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central Forced Air
Cooling Central AC, Central Forced Air - Electric
Laundry 30, Other
Exterior
Parking Features Other
Pool None
Roof Type Composition
Building
Story One Story
Sewer Septic Tank / Pump
Water District - Public
Others
Tax ID 384180011
Special Listing Condition Not Applicable
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Listed by Kenneth Thurman • Alta Realty Group CA, Inc