Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

Welcome to Southwest Riverside County, a hidden gem in sunny California that perfectly blends suburban charm with natural beauty. Nestled within Riverside County, the vibrant city of Menifee is a delightful community that offers an ideal setting for families, retirees, and everyone in between. With its picturesque landscapes, warm climate, and a plethora of recreational activities, Menifee has become a sought-after destination for homebuyers looking for a slice of California paradise.

One of the most appealing aspects of the Menifee real estate market is the availability of multi-family homes. These properties cater to a diverse range of lifestyles and investment opportunities, making them a smart choice for both first-time buyers and seasoned investors. Whether you’re looking to generate rental income or seeking a home that accommodates extended family, Menifee’s multi-family subtypes offer versatility and potential.

Imagine living in a spacious duplex or triplex, where you can enjoy the benefits of homeownership while having the option to rent out additional units. This not only provides financial flexibility but also fosters a sense of community among neighbors. With Menifee’s growing economy, excellent schools, and proximity to major highways, these multi-family homes are positioned for long-term appreciation.

Explore the charm of Southwest Riverside County and discover why Menifee is the perfect place to call home. With its welcoming atmosphere, beautiful neighborhoods, and an array of multi-family housing options, your dream home awaits in this thriving city. Embrace the opportunity to invest in a lifestyle that balances comfort, community, and convenience in the heart of California!

Newest Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

7th, Perris
$2,100,000
IV26199828 MLS ⋅ Active Status
PRIME DOWNTOWN PERRIS DEVELOPMENT OPPORTUNITY! Three contiguous vacant parcels totaling approximately 3 acres, located near 7th Street & G Street and being sold together. Situated within the Downtown Perris Specific Plan – Urban Village district, offering excellent potential for high-density residential and mixed-use development. Urban Village development concepts include 3–5 story stacked flats, rowhouses, courtyard housing, live/work units, and mixed-use buildings with residential above ground-floor commercial uses. City planning documents indicate Urban Village zoning may accommodate densities up to approximately 35 dwelling units per acre, providing the potential for a significant multifamily development. Current preliminary estimates suggest 54+ units may be possible, subject to City approval and site design. City of Perris Flat, vacant land with street frontage and no existing structures offers a strong infill development opportunity in the heart of Perris. Conveniently located near Downtown Perris, shopping, restaurants, schools, Metrolink, major transportation corridors and freeway access. APNs 310-090-003, 310-090-004 & 310-090-005. All three parcels are being sold together for $2,100,000. No development plans or entitlements are currently in place. Buyer and buyer's agent to independently verify zoning, acreage, allowable density, unit count, permitted uses, utilities, development standards and all development potential with the City of Perris and appropriate agencies.

7th, Perris
27987 Jefferson, Menifee
$245,500
SW26153260 MLS ⋅ Active Status
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 applicable 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!

27987 Jefferson, Menifee
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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