
Menifee, California 92586
This property presents a High-Potential Investment Opportunity with a List Price of $345,000—positioned well above the $271,398 Fair Market Value by -27%. Featuring a Condition Rating of 5, the home requires a full rehab to modernize its 1980s interior. The asset includes a transferable solar panel contract and a partially enclosed patio, offering functional value-add potential. Located in an age-restricted community, this is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to capture long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28422 Sun City Blvd Subject | $345,000* List Price | 2 | 2 | 1,328 | $204 | - |
A 27049 Monk Sold | $339,000 | 2 | 2 | 1,328 | $255 | 0.1 mi |
B 27609 Grosse Point Sold | $270,500 | 2 | 2 | 998 | $271 | 0.8 mi |
C 27105 Bottlebrush Lane Sold | $405,000 | 2 | 2 | 1,456 | $278 | 0.3 mi |
D 28321 Sun City Boulevard Sold | $395,000 | 2 | 2 | 1,538 | $257 | 0.1 mi |
E 27927 Foxfire Active | $379,000 List Price | 2 | 2 | 1,328 | $285 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 (>30 years old) with no evidence of interior renovations; the property shows significant wear including heavily stained/damaged carpeting and dated fixtures, indicating a need for a full rehab.
The property includes a robust solar panel system with a transferable contract, providing significant utility cost savings for the homeowner.
Conveniently located near the 215 freeway, major medical facilities, and hospitals, making it an ideal choice for the target demographic seeking accessibility.
Features both a partially enclosed covered patio and an open patio within an extensively landscaped yard, offering multiple spaces for relaxation and entertainment.
The age-restricted status of the community limits the potential market to senior residents, which can narrow the field of prospective buyers.
Built in 1980, the home may require cosmetic updates or modernization of original systems to compete with newer residential options in the Menifee area.
This 2 bedroom, 2 bathroom home is situated in the heart of Sun City. Features include a 2 car attached garage, separate formal and casual living rooms and a large kitchen open to the casual living room. The partially enclosed, covered rear patio is a great place to relax and have morning coffee in the rain while the open rear patio is perfect for enjoying the extensively landscaped rear yard and sunshine on warm days. For energy savings, this home has ample solar panels with a transferrable contract! It has great curb appeal and is conveniently located near the 215 freeway, restaurants and all local amenities including a nearby hospital and medical facilities. It is in a low-cost HOA, age-restricted community with everything you need for an active senior lifestyle. Don't miss this spacious home!
No exterior & parking available.
Grades K-5 • 2.4 mi
Grades K-5 • 3.0 mi
Grades 6-8 • 0.9 mi
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 | 1,328 | 1,404 | 43% |
| Lot Size | 6,970 | 7,405 | 33% |
| Price | $345.0K | $400.0K | 26% |
| Price per sq ft | $260 | $292 | 31% |
| Built year | 1980 | 1975 | 57% |
| HOA | $425.0 | $67 | 66% |
| Days on market | 26 | 140 | 4% |
May 21, 2026
$345,000
Initial Listing
Apr 1, 1997
$67,000
Public Record