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Menifee,CA 92584
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Menifeee Lake
MLS Listing ID SW25238788
HOA Fees $100/mo
Year Built 1989
Lot Size 3,920 Sqft
Property Sub-Type Single Family Residence
Property Description
Investor's dream in the desirable Brigata On The Lake community of Menifee Lakes! This turnkey property offers cash flow potential with a fully paid 33-panel solar system ensuring exceptional energy savings and long-term returns. The home features 3 bedrooms, 2.5 bathrooms, and a 2-car garage with ADU conversion potential, making it ideal for maximizing rental income. Recent upgrades include brand-new quartz countertops in the kitchen, granite countertops in bathrooms, new window coverings, upgraded cabinetry, recessed lighting, and a whole-house fan for energy efficiency. The garage is fully finished, and plumbing updates such as new mixer valves, a pressure regulator, and main valves provide added peace of mind. Enjoy a low-maintenance backyard with fruit trees, perfect for tenants or future owner-occupants. With very low property taxes and HOA fees, this property delivers excellent value and stable returns. Located near top-rated schools, parks, shopping, Menifee Town Center, and the 215 Freeway, this home is in a high-demand rental area. Menifee is one of California's fastest-growing cities, offering investors both immediate cash flow with good tenants in place until July 2026 and strong appreciation potential.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning SP ZONE
Interior
Heating Central
Cooling Central Air
Fireplaces Type Family Room
Laundry Inside,Laundry Room
Exterior
Parking Features Direct Access,Driveway,Garage
Garage Spaces 2.0
Garage Description 2.0
Pool Association
Community Features Lake,Storm Drain(s),Street Lights,Sidewalks
Amenities Available Barbecue,Picnic Area,Playground,Pool
View Y/N Yes
View Hills,Mountain(s)
Roof Type Tile
Building
Lot Description Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional,FHA,Submit,VA Loan
Listing Terms Cash,Conventional,FHA,Submit,VA Loan
Special Listing Condition Standard