
Menifee, California 92587
This Renovated Dual-Parcel Residence is a High-Potential Investment Opportunity, listed at $479,000—positioned well below the $500,920 Fair Market Value by 4%. This valuation gap offers $21,920 in Instant Equity. Featuring a Condition Rating of 2, the interior boasts a brand-new kitchen, luxury vinyl flooring, and mountain views. The unique inclusion of two separate legal parcels provides massive upside for an ADU or second home. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28150 West Drive Subject | $479,000* List Price | 3 | 2 | 1,327 | $377 | - |
A 28732 Paseo Diablo Sold | $553,000 | 3 | 2 | 1,365 | $405 | 0.9 mi |
B 28296 Oregon Place Sold | $400,000 | 3 | 1 | 1,050 | $381 | 0.4 mi |
C 23821 Norma Drive Sold | $430,000 | 3 | 2 | 1,030 | $417 | 0.7 mi |
D 28320 Oregon Pending | $494,000 List Price | 3 | 2 | 1,360 | $363 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent interior renovation, featuring a brand-new kitchen with white shaker cabinets, updated bathrooms with modern vanities and fixtures, and new luxury vinyl plank flooring throughout. While the structure dates to 1970, the interior components, including the paint, flooring, and upcoming HVAC and appliances, are virtually new and meet modern quality standards.
The inclusion of two separate legal parcels provides a rare opportunity for future expansion, such as building an ADU or a second home for multigenerational living or investment.
The home has been thoughtfully refreshed with a brand-new kitchen, luxury flooring, and updated bathrooms, offering a stylish and move-in-ready interior.
The seller is offering significant incentives, including brand-new appliances, a new HVAC system, and a landscaping credit, providing immediate value and peace of mind.
While the effective age is listed as 2000, the original 1970 construction may mean some underlying systems or structural elements are older than the modern interior suggests.
The property currently requires outdoor work, and while a credit is provided, the buyer will need to invest time and effort into establishing the yard and curb appeal.
RARE LIFESTYLE WITH VIEW & LAND OPPORTUNITY WITH INCREDIBLE UPSIDE! Own two legal parcels (APNs #350-073-008 & #350-073-009) for one price—offering space, privacy, and future potential rarely found. Septic proposal ready, giving you the ability to add a second unit with its own separate address—perfect for extended family, rental income, or long-term value. The main home has been beautifully refreshed with new flooring, a brand-new kitchen, fresh interior paint, updated bathrooms, and modern finishes—creating a bright, move-in-ready space. Seller will provide brand-new appliances, a new AC/heating system, and a landscaping credit so you can design your ideal outdoor setting. Enjoy a large, private yard with plenty of room for entertaining, gardening, RV parking, and all your recreational toys. Live comfortably today while building your future—expand, add, or simply enjoy the space. A rare chance to create your own lifestyle property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,327 | 2,205.5 | 11% |
| Lot Size | - | 7,841 | 3% |
| Price | $479.0K | $685.0K | 9% |
| Price per sq ft | $361 | $349 | 55% |
| Built year | 1970 | 1986 | 5% |
| HOA | $0 | $350 | 16% |
| Days on market | 49 | 189 | 2% |
Mar 4, 2026
$479,000
Initial Listing