29060 Griffith, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This Value-Add Single-Family Residence represents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $312,926 Fair Market Value by 4%. This valuation gap offers $13,926 in Instant Equity for buyers. While currently holding a Fair Condition Rating and requiring TLC, the property features a massive 23,087 sqft lot, Mountain Views, and a detached workshop with utilities. Located near Paloma Valley High School, it offers significant upside through modernization. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29060 Griffith Subject | $390,000* List Price | 2 | 2 | 1,204 | $316 | - |
A 26647 Oakmont Drive Active | $379,777 List Price | 2 | 1 | 1,300 | $292 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is well-maintained but features dated elements such as oak cabinets and tiled countertops in the kitchen. While it benefit from functional upgrades like new vinyl dual-pane windows and R-30 insulation, the listing's mention of needing 'TLC' and the overall aged style of the interior fixtures and finishes align with the Fair condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23087, living area = 1204.
Welcome to Sun City living at its best. This 2 bedroom, 2.75 bath home features numerous upgrades including a guest bath shower, kitchen with oak cabinets and tiled counters, custom entry, tile flooring, and a cozy fireplace with hearth. Additional highlights include new vinyl dual-pane windows, R-30 insulation, security lighting, and propane service to the water heater and dryer. Step outside to enjoy custom landscaping, a peaceful fountain, and a rear shed/workshop with electrical and phone hookups—perfect for hobbies, storage, or a workspace. With just a little TLC, this home can truly shine. Residents of Sun City Civic Association enjoy an active lifestyle with access to pools, recreation centers, clubs, and community events. The home’s prime location puts you minutes from shopping, dining, medical services, and entertainment, with easy access to the I-215 freeway for convenient travel. Best of all, you’ll appreciate the LOW taxes and LOW HOA, making this property an exceptional value in one of Menifee’s most established and welcoming communities. Don’t miss this rare opportunity to own a spacious home on an oversized lot in Sun City!
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 1.4 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 | 1,204 | 1,404 | 28% |
| Lot Size | 23,087 | 7,405 | 98% |
| Price | $390.0K | $400.0K | 47% |
| Price per sq ft | $324 | $287 | 77% |
| Built year | 1977 | 1973 | 56% |
| HOA | $37.5 | $94 | 41% |
| Days on market | 99 | 175 | 25% |
Mar 27, 2026
$390,000
$340,000
+15% Price Increase
Initial Listing
Mar 10, 2026
$340,000
$299,000
+14% Price Increase
Initial Listing
Feb 16, 2026
$299,000
$348,000
-14% Price Drop
Initial Listing
Jan 13, 2026
$348,000
Initial Listing
Aug 10, 2015
$231,000
Public Record
Jul 13, 2007
$230,000
Public Record
Aug 24, 2005
$299,000
Public Record
Mar 5, 1999
$117,000
Public Record