Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

Welcome to Southwest Riverside County, a vibrant and rapidly growing region nestled in the heart of California's stunning landscape. This picturesque area, particularly the city of Menifee, offers an ideal blend of suburban charm and modern conveniences, making it an attractive destination for families, retirees, and investors alike. With its breathtaking mountain views, lush parks, and a wealth of recreational opportunities, Southwest Riverside County is a place where community and nature harmoniously coexist.

Menifee, in particular, boasts a diverse real estate market that caters to various lifestyles and needs. Among the standout options are multi-family homes, which are perfect for those looking to invest or accommodate extended family. These properties not only provide ample living space but also offer the potential for rental income, making them a smart choice for savvy investors. With the demand for multi-family housing on the rise, owning a property in this category can be a lucrative venture.

The multi-family homes available in Menifee come in various styles and configurations, from duplexes to larger apartment complexes, all designed to maximize comfort and functionality. Imagine the possibilities of living in a vibrant community where your neighbors could also be family or friends. Enjoy the convenience of shared amenities, reduced maintenance costs, and the opportunity to foster a close-knit living environment.

With its appealing climate, excellent schools, and a plethora of shopping and dining options, Southwest Riverside County is not just a place to live—it's a place to thrive. Explore the multi-family homes in Menifee today, and discover the perfect blend of investment potential and community living.

Newest Southwest Riverside County (SRCAR) Homes with Multi Family Subtype

$2,100,000

IV26199828 MLS ⋅ Active Status

PRIME DOWNTOWN PERRIS DEVELOPMENT OPPORTUNITY! Three contiguous vacant parcels totaling approximately 3 acres, located near 7th Street & G Street and being sold together. Situated within the Downtown Perris Specific Plan – Urban Village district, offering excellent potential for high-density residential and mixed-use development. Urban Village development concepts include 3–5 story stacked flats, rowhouses, courtyard housing, live/work units, and mixed-use buildings with residential above ground-floor commercial uses. City planning documents indicate Urban Village zoning may accommodate densities up to approximately 35 dwelling units per acre, providing the potential for a significant multifamily development. Current preliminary estimates suggest 54+ units may be possible, subject to City approval and site design. City of Perris Flat, vacant land with street frontage and no existing structures offers a strong infill development opportunity in the heart of Perris. Conveniently located near Downtown Perris, shopping, restaurants, schools, Metrolink, major transportation corridors and freeway access. APNs 310-090-003, 310-090-004 & 310-090-005. All three parcels are being sold together for $2,100,000. No development plans or entitlements are currently in place. Buyer and buyer's agent to independently verify zoning, acreage, allowable density, unit count, permitted uses, utilities, development standards and all development potential with the City of Perris and appropriate agencies.

7th, Perris

$245,500

SW26153260 MLS ⋅ Active Status

HIGH-DENSITY RESIDENTIAL REDEVELOPMENT OPPORTUNITY IN MENIFEE! An opportunity for investors, builders and developers looking to explore future multifamily residential development or acquire and hold property in a growing Menifee corridor. The property is currently zoned HDR (High Density Residential) with previous existing utilities. Includes an existing fire-damaged, boarded single-family residence. The property is being offered in its present AS-IS condition, with the primary value and opportunity centered on the land and its future residential redevelopment potential. All three parcels must sell together total of .50 acres. HDR zoning provides an opportunity to explore higher-density residential uses, including small to medium multifamily development, subject to City approval and all applicable development requirements. This may also be an attractive opportunity for an investor seeking to acquire and hold property for future development as the surrounding area continues to evolve. Conveniently located near major transportation routes, established residential neighborhoods, shopping, services and continued growth throughout Menifee and Southwest Riverside County. Bring your vision and explore the possibilities. Buyer and buyer's representatives are strongly encouraged to conduct their own independent due diligence with the City of Menifee and appropriate agencies regarding zoning, allowable density, permitted uses, development standards, utilities, access, demolition requirements, environmental conditions and overall development feasibility. Seller and Broker/Agents make no representation or guarantee regarding the number of units that may ultimately be developed on the property. Don't miss this opportunity knocking at your door!

27987 Jefferson, Menifee

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.