33235 Bailey Park Drive
Menifee, CA 92584
1.84 acres | #OC24209704
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 across the street on Bailey Park Blvd closer to 215 Frwy, MLS listing # OC24165183, and will consider a package deal discount if both you can use both parcels.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories1
Measurements
- Acres1.84
Construction Details
- Property TypeMulti-Family
Condition
- Year Built2010
Utilities / Energy Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Sewer InformationSepticTank
- Utility SourcePublic
Community and Neighborhood Details
- CountyRiverside
Financial Details
- Original List Price$1,350,000
- Taxes Annual$2,640
Other
- MLS #OC24209704
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Kenneth Thurman (#OCTHURKEN)
Listing Office: Alta Realty Group CA, Inc (#OC05657)
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