Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

Welcome to Southwest Riverside County, a vibrant and rapidly growing region that perfectly blends the charm of suburban living with the allure of California's natural beauty. Nestled in Riverside County, Menifee is a gem within this area, offering residents a diverse array of amenities, recreational opportunities, and a strong sense of community.

Menifee is known for its picturesque landscapes, with rolling hills and scenic parks that invite outdoor enthusiasts to explore. The city boasts a variety of shopping centers, dining options, and entertainment venues, making it an ideal place for families and individuals alike. With excellent schools and a welcoming atmosphere, Menifee has become a sought-after destination for those looking to plant their roots in Southern California.

For investors and multi-family home seekers, the housing market in Menifee offers exciting opportunities. Homes with a multi-family subtype are particularly appealing, providing a unique investment potential while accommodating extended families or generating rental income. These properties often feature spacious layouts, with ample living space and modern amenities, making them ideal for both owners and tenants.

Imagine living in a thoughtfully designed multi-family home that allows you to enjoy the benefits of shared spaces while maintaining your privacy. Whether you're looking to invest or find a comfortable residence that can accommodate your loved ones, Menifee's multi-family homes offer the perfect solution. With the region's continued growth and development, now is the perfect time to explore the possibilities that Southwest Riverside County has to offer. Embrace the lifestyle you’ve always dreamed of in this beautiful corner of California!

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

$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

$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.