33235 Bailey Park DR Active Save Request In-Person Tour Request Virtual Tour
Menifee,CA 92584
Key Details
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24209704
Year Built 2010
Annual Tax Amount $2,640
Tax Year 2023
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 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
Laundry Washer Hookup,Inside
Exterior
Garage Driveway
Pool None
Community Features Urban
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Type Composition
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Septic Tank
Water Public
New Construction No
Others
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