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27987 Jefferson Avenue

Menifee, CA 92585
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Bed 3

Bed

Bath 1

Bath

SqFt1,821

Sqft

SqFt15,246

Sqft(Lot)

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. All three parcels must sell together total of .50 acres. HDR zoning provides an opportunity to explore higher-density residential uses, including small to medium multifamily development, subject to City approval and all ap plicable 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!

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Detail Ic Property Details

Property Type : Residential

Price : $245,500

AD Id : 91239825

MLS Id : SW26196894

Beds : 3

Lot Size : 15,246 Sq. Ft

Living Area Size : 1,821 Sq. Ft

Year Built : 1936

Garage : 2

County : Riverside

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Flooring Information

    SeeRemarks
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: SeeRemarks

  • Building Information

    Year Built: 1936
    Stories: 1
    Patio And Porch Features: SeeRemarks
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 15246 Lot Size Acres: 0.35 Lot Size Source: Assessor Lot Size Square Feet: 15,246 Lot Description: SixToTenUnitsAcre,TearDown

  • Listing Price Information

    Listing Price: $245500
    Cash, Conventional, Exchange1031, Submit

  • Tax Information

    Parcel Number: 329182002 Tax Lot: 68

  • Parking Information

    Parking Total: 2 SeeRemarks

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Utility Information

    SeeRemarks
  • Location Information

    Direction: Hwy 74 to Antelope Ave. to Jefferson Ave WaterSource: SeeRemarks
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
28192 Chambers Ave, Menifee, CA, 92585 $599,000 3 2 1,557 --
26579 Iron Mountain Str.., Menifee, CA, 92585 $635,000 4 3 2,196 8,276 Sq. Ft
27344 Rolling Ridge, Menifee, CA, 92585 $628,000 4 3 2,207 3,899 Sq. Ft
30135 Hardrock, Menifee, CA, 92585 $580,000 4 3 2,082 6,098 Sq. Ft
30191 Sierra Ridge, Menifee, CA, 92585 $715,000 5 3 2,862 9,583 Sq. Ft
26707 Mountaingate, Menifee, CA, 92585 $575,000 4 3 2,276 6,970 Sq. Ft
30154 Chamonix, Menifee, CA, 92585 $939,000 6 5 4,133 6,791 Sq. Ft
30084 Cascade Range, Menifee, CA, 92585 $824,900 6 5 4,133 7,187 Sq. Ft
27191 Lost Palm Street, Menifee, CA, 92585 $600,000 4 2 2,332 6,107 Sq. Ft
27215 Lost Palm, Menifee, CA, 92585 $649,900 4 4 3,091 6,072 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/16/2026 @ 05:54

MLS: SW26196894 LISTED BY: Cecilia Mutia, eXp Realty of California, Inc. 888-832-7179 SOURCE: CRMLS

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