27368 El Cajon Lane, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
Loading property details...
Menifee, California 92586
This property presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well above the $248,441 Fair Market Value by -40%. Featuring a Fair Condition Rating, the home requires a full interior rehab to modernize the original 1985 finishes. The corner lot with RV/Boat access and a low $9 HOA fee provides significant value-add potential. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to maximize future rental or resale returns.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27368 El Cajon Lane Subject | $349,000* List Price | 2 | 2 | 977 | $254 | - |
A 27317 Del Monte Sold | $315,000 | 2 | 2 | 977 | $322 | 0.1 mi |
B 28204 Calle Gaviota Sold | $317,000 | 2 | 2 | 977 | $324 | 0.1 mi |
C 28268 Chula Vista Sold | $330,000 | 3 | 2 | 1,217 | $271 | 0.2 mi |
D 28131 Chula Vista Pending | $320,000 List Price | 2 | 2 | 977 | $328 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old) with no evidence of modern renovations. The kitchen and bathrooms appear original to the build date, and the carpeting is severely stained and worn, indicating the home requires a full interior rehab.
The property sits on a beautifully landscaped corner lot featuring white vinyl fencing with a double gate, providing the rare and highly desirable ability to park a boat, trailer, or additional recreational vehicles.
Both bedrooms are designed with sliding glass doors that lead directly to the back patio and yard, maximizing natural light and providing seamless access to the outdoor living space.
Located in a friendly 55+ community with an incredibly low association fee of only $9.00, this well-maintained home offers an affordable lifestyle without sacrificing essential amenities.
With only 977 square feet of living space, the home's compact footprint may feel restrictive for buyers transitioning from larger residences or those requiring more interior storage.
The property features only a one-car garage, which may be a drawback for multi-vehicle households or buyers looking for extensive workshop space, despite the extra-long depth.
Beautifully landscaped corner lot with good sized back and sideyards and white vinyl fencing with a double gate providing ability to park boat/trailer/?. Built in 1987 and beautifully maintained, this inviting residence offers 2 bedrooms, 2 bathrooms, and 977 square feet of thoughtfully designed living space. Step inside to discover a bright, open layout with a spacious living area that’s perfect for relaxing or entertaining guests. The kitchen features plenty of cabinet space and flows seamlessly into the dining area, creating a warm and welcoming feel throughout the home. Both bedrooms offer generous space, have sliding glass doors to back patio & yard. The primary suite has its own bathroom for added comfort and convenience, and a walk-in closet. An attached EXTRA-LONG one-car garage provides secure parking along with extra storage space in the large backyard shed. The easy-to-maintain floor plan is ideal for anyone looking to simplify without giving up comfort and functionality. Residents of this friendly 55+ community enjoy a peaceful setting while still being conveniently close to shopping, dining, and everyday amenities just minutes away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 977 | 1,404 | 7% |
| Lot Size | 3,920 | 7,405 | 7% |
| Price | $349.0K | $399.0K | 28% |
| Price per sq ft | $357 | $292 | 83% |
| Built year | 1985 | 1976 | 62% |
| HOA | $9.0 | $83 | 24% |
| Days on market | 23 | 137 | 3% |
May 14, 2026
$349,000
Initial Listing
Apr 28, 1994
$62,000
Public Record