23489 Mapes Road, Romoland, California 92585, Romoland, 92585 - 3 bed, 1 bath
23489 Mapes Road
Romoland, California 92585
Property Price
SUMMARY
Analysis of 23489 Mapes Road, Romoland, California 92585 is currently available with a list price of $2,200,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Romoland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The existing structure, built in 1934, shows extreme signs of neglect including a failing roof with visible patches, dilapidated siding, and overgrown surroundings. The listing's primary value is the 50 acres of land, and the property analysis explicitly suggests demolition to maximize value, indicating the home is likely unlivable.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 2154913, living area = 1260.
- Massive Land Acreage
Spanning nearly 50 acres, this expansive parcel offers rare scale and significant investment potential for large-scale development, subdivision, or agricultural use.
- Strategic Corner Lot Location
The property occupies a prime corner lot near Menifee Road and Mapes Road, providing excellent accessibility and high visibility near the 215 freeway and Highway 74.
CONSRISKS & DEFICIENCIES
- Aging Residential Structure
The existing home dates back to 1934 and is likely in a condition that requires significant renovation or demolition to maximize the property's value.
- Non-Municipal Utility Systems
Reliance on a septic tank and propane gas rather than city sewer and natural gas lines may limit high-density development options without substantial infrastructure investment.
- Occupancy and Access Restrictions
The presence of tenants and the 'Do Not Disturb' instruction can complicate the due diligence process and may delay immediate site preparation or possession.
About 23489 Mapes Road
Almost 50 Acres of Land on a corner lot! Near Menifee Rd. & Mapes Rd. Endless possibilities for all this land! Located near 215 freeway and 74 there is a Community Center nearby, High School, Drop Zone water park and Big League Dreams Baseball Park & Skyline Air Balloon. There is a older Home in the North East side of the Land. Utilities: Gas Propane, septic tank, water meter and electric meter near the property. Do Not disturb tenants. Contact agent with all questions.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1934
- Lot Size
- 2,154,913 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 1.0 | 3.0 | 2% |
| Square foot | 1,260 | 2,198 | 11% |
| Lot Size | 2,154,913 | 7,405 | 99% |
| Price | $2.20M | $590.0K | 99% |
| Price per sq ft | $1.7K | $271 | 99% |
| Built year | 1934 | 2008 | 1% |
| HOA | $0 | $76 | 23% |
| Days on market | 890 | 184 | 0% |
Pricing History
Listed for Sale
Sep 29, 2023
$2,200,000
Initial Listing