
Menifee, California 92587
Analysis of 23524 Lodge, Menifee, California 92587 is currently available with a list price of $189,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is a 1951 'fixer' in extremely distressed condition. Actual photos reveal a non-functional kitchen and bathroom with exposed plumbing, unfinished ceilings, missing cabinetry, and significant deferred maintenance. While the listing provides virtual renderings of a potential renovation, the current state requires a complete gut rehabilitation to meet basic habitability standards.
Unlike many affordable housing options in the area, this property includes the land with no lease fees, providing the owner with full control and long-term equity growth.
The fully fenced lot offers significant space to accommodate an RV, boat, or trailer, making it a highly functional choice for outdoor enthusiasts with recreational gear.
Priced under $200,000, this property represents a rare opportunity to enter the California real estate market at a very low price point, ideal for investors or first-time buyers.
With only 400 square feet of interior space, the home's extremely small footprint significantly limits its functionality and appeal to larger households.
As a 1950s-era 'fixer,' the property likely requires a substantial capital investment to address deferred maintenance and bring it up to modern living standards.
Welcome to 23524 Lodge Dr where opportunity meets affordable California living. This fun fixer is perfect for anyone looking to roll up their sleeves and create something special. Situated on fully fenced land that you own (no land lease!), this property offers freedom, flexibility, and room to grow. Bring your vision and your toys. There’s ample space to park your RV, boat, trailer, or weekend adventure gear right on your own property. Whether you're looking for a starter home, investment opportunity, or a place to customize to your style, this one has serious potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 4.2 mi
Grades 6-8 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 2.5 | 2% |
| Square foot | 400 | 2,205.5 | 1% |
| Lot Size | 4,792 | 7,841 | 4% |
| Price | $189.0K | $685.0K | 1% |
| Price per sq ft | $472 | $349 | 88% |
| Built year | 1951 | 1986 | 3% |
| HOA | $0 | $350 | 16% |
| Days on market | 27 | 189 | 2% |
Mar 26, 2026
$189,000
Initial Listing