
Menifee, California 92584
This Modernized Single-Family Residence is a High-Potential Investment Opportunity, listed at $550,999—positioned well below the $573,445 Fair Market Value by 3%. This valuation gap offers $22,446 in Instant Equity for the incoming buyer. Boasting a Condition Score of 2, the home features a renovated kitchen, mountain views, and a massive 10,454 sqft lot with significant ADU potential. Located in the Perris Union High district, it offers turnkey comfort with substantial land value. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone an extensive recent renovation within the last 5 years. The interior features a fully modernized kitchen with shaker cabinets, stone countertops, and stainless steel appliances, along with updated bathrooms, new recessed lighting, fresh paint, and a mix of new carpeting and wood-look flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1131.
The home features comprehensive contemporary updates including new flooring, recessed lighting, and stylishly remodeled kitchen and bathrooms, providing a turnkey aesthetic for buyers.
Situated on a generous 10,454 sqft lot, the property offers significant space for expansion, the addition of an ADU, or the creation of a large-scale outdoor entertainment area.
With only 1,131 square feet distributed across three bedrooms, the individual room sizes and common living areas may feel restrictive for larger families.
Despite the high-quality cosmetic renovations, the 1982 construction date suggests that underlying structural components and utility systems may require closer inspection and future maintenance.
ATTENTION INVESTORS!Welcome to this beautifully updated 3-bedroom, 2-bath home that perfectly blends comfort, style, and opportunity. Step inside to find a bright, open layout with modern flooring, recessed lighting, and a spacious living area ideal for both relaxing and entertaining.The home features a stylishly updated kitchen with contemporary finishes, ample cabinetry, and a seamless flow into the dining space. Bedrooms are generously sized, including a well-appointed primary suite complete with a custom closet system offering abundant storage and organization.Both bathrooms have been tastefully updated, featuring clean, modern touches for a fresh and inviting feel.One of the standout features of this property is the large adjacent parcel of land, offering endless potential for expansion, additional units, or creating your dream outdoor space. Whether you're a homeowner looking for room to grow or an investor seeking your next opportunity, this property checks all the boxes.Don't miss out on this versatile and valuable investment opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,131 | 2,307 | 3% |
| Lot Size | 10,454 | 7,405 | 88% |
| Price | $551.0K | $620.0K | 23% |
| Price per sq ft | $487 | $274 | 98% |
| Built year | 1982 | 2008 | 1% |
| HOA | $0 | $81 | 24% |
| Days on market | 28 | 181 | 1% |
Mar 25, 2026
$550,999
Initial Listing
Mar 13, 2025
$530,000
Public Record
Sep 17, 2008
$120,000
Public Record
Feb 10, 2006
$300,000
Public Record