Menifee, CA 92584 33235 Bailey Park Drive

33235 Bailey Park Drive Menifee, CA - Image 133235 Bailey Park Drive Menifee, CA - Image 233235 Bailey Park Drive Menifee, CA - Image 3
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33235 Bailey Park Drive Menifee, CA - Image 433235 Bailey Park Drive Menifee, CA - Image 533235 Bailey Park Drive Menifee, CA - Image 633235 Bailey Park Drive Menifee, CA - Image 7
Presented By: Kenneth Thurman with Alta Realty Group CA, Inc; 214-577-1302
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC24209704
  • 10/15/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 3
  • Baths • 1
  • SQFT • 1,505

Home Details

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.
Presented By: Kenneth Thurman with Alta Realty Group CA, Inc; 214-577-1302

Interior Features for 33235 Bailey Park Drive

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, Inside
Total Stories1

Other Rooms

Entry Level1

General for 33235 Bailey Park Drive

Additional Parcels Description384180012
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMenifee
Community FeaturesUrban
CoolingCentralAir, Electric
CountyRiverside
Current FinancingConventional
Directions215 Frwy south to Scott Rd west to Zeiders Rd south to Ciccotti St left to Bailey Park left on left
ElectricElectricityOnProperty, Standard
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront Door
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income27000.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1220.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet80150.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MaintenanceExpense1240.0
MobileHomeRemainsYNNo
Net Operating Income20460.0
New ConstructionNo
Number Of Units Total1
Operating Expense5940.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalManufacturedOnLand
Property SubtypeManufacturedOnLand
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesSecurityLights
Senior Community Y/NNo
SewerSepticTank
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount2640.0
Tax Lot4
Tax Year2023
Trash Expense840.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Water Sewer Expense720.0
Year Built2010
Year Built SourceOwner

Exterior for 33235 Bailey Park Drive

Building Area Total1505.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions279x289
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres1.84
Lot Size Area80150.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters0
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,250,000
MLS#OC24209704
List Date 10/15/2024
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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