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$585,000
Est. payment /mo
3 Beds
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW25238788
Bedrooms 3
HOA Fees $100/mo
Lot Size 3,920 Sqft
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
Investors dream in the desirable Brigata On The Lake community of Menifee Lakes! This turnkey property offers cash flow potential with a fully paid 33-panel solar system ensuring exceptional energy savings and long-term returns. The home features 3 bedrooms, 2.5 bathrooms, and a 2-car garage with ADU conversion potential, making it ideal for maximizing rental income. Recent upgrades include brand-new quartz countertops in the kitchen, granite countertops in bathrooms, new window coverings, upgraded cabinetry, recessed lighting, and a whole-house fan for energy efficiency. The garage is fully finished, and plumbing updates such as new mixer valves, a pressure regulator, and main valves provide added peace of mind. Enjoy a low-maintenance backyard with fruit trees, perfect for tenants or future owner-occupants. With very low property taxes and HOA fees, this property delivers excellent value and stable returns. Located near top-rated schools, parks, shopping, Menifee Town Center, and the 215 Freeway, this home is in a high-demand rental area. Menifee is one of Californias fastest-growing cities, offering investors both immediate cash flow with good tenants in place until July 2026 and strong appreciation potential.
Location
State CA
County Riverside
Zoning Assessor
Direction Antelope Rd to Left on La Piedra Rd, Left on Watermill LN, Left on Moon Shadow Dr.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
HOA Name Menifeee Lake
Tax ID 364146006
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Listed by Josephine Sharma LEGACY HOMES REALTY
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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