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33235 Bailey Park Drive

Menifee, CA 92584
  • $1,250,000
  • STATUS: Active
  • ON SITE: 186 Days
  • MLS #: OC24209704
UPDATED: 77 min ago
$1,250,000
  • 0
    BEDS
  • 1.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2010
County:

School Ratings & Info

Listing Agent(s): Kenneth Thurman of Alta Realty Group CA, Inc (888-504-5327)


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 Menifees 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T12:27:26.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156777156
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33235 Bailey Park Drive Menifee, CA 92584

  • Price: $1,250,000
  • Status: Active
  • On Site: 186 Days
  • Updated: 77 min ago
  • MLS #: OC24209704
0
Beds
0
Baths
0
½ Baths
1.84
Acres
2010
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
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 Menifees 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.
Exterior Features

Entry Level 1 Entry Location Front Door Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

Interior Features

Common Walls No Common Walls Cooling Central AirElectric Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Urban Current Financing Conventional Electric Electricity - On PropertyStandard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 27000 Gross Scheduled Income 26400 Insurance Expense 1220 Land Lease YN No Laundry Features Washer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional1031 Exchange Maintenance Expense 1240 Net Operating Income 20460 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Operating Expense 5940 Other Expense 240 Property Sub Type Manufactured On Land Rent Control YN No Security Features Security Lights Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 2640 Tax Year 2023 Trash Expense 840 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 720 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T12:27:26.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Kenneth Thurman of Alta Realty Group CA, Inc (888-504-5327)