Homes for sale - 33235 Bailey Park DR, Menifee, CA 92584

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$1,350,000

Est. payment - /mo

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1.84 Acres Lot

Active

33235 Bailey Park DR Menifee, CA 92584

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Paco Licea

paco@pacotherealtor.com +1(951) 213-9131

UPDATED:

10/16/2024 01:29 PM

Key Details

Property Type Manufactured Home

Sub Type Manufactured On Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24209704

HOA Y/N No

Year Built 2010

Annual Tax Amount $2,640

Tax Year 2023

Lot Size 1.840 Acres

Lot Dimensions Assessor

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 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.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Interior

Heating Central

Cooling Central Air, Electric

Fireplace No

Laundry Washer Hookup, Inside

Exterior

Parking Features Driveway

Pool None

Community Features Urban

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Septic Tank

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 384180011

Security Features Security Lights

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Kenneth Thurman • Alta Realty Group CA, Inc • 214-577-1302

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Paco Licea

Broker | License ID: 01337048

+1(951) 213-9131