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Menifee, CA Apartment Buildings for Sale

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Multi-Family Compound with Shop
Updated: Jul 8
Multi-Family Compound with Shop

31507 Walsh Lane, Menifee, CA 92584

$1,000,000
4,176 sqft 4.66 AC lot
Residential compound on 4.66 flat, usable acres with two manufactured homes plus two additional apartment units
Total 7 bedrooms and 5 bathrooms across the two manufactured homes and additional apartment units
Owned solar systems on both main homes
Serviced by a private well and septic system
30x60 shop with a 1‑bedroom apartment, plus a 22x30 garage converted to a studio apartment
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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Menifee, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Moreno Valley Hotel Conversion Opportunity
Moreno Valley Hotel Conversion Opportunity

23090 Sunnymead Blvd, Moreno Valley, CA 92553

$10,850,000
29,669 sqft

62-room hotel suitable for conversion to affordable housing.

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Adjacent Fourplex Apartment Buildings
Adjacent Fourplex Apartment Buildings

41588 Marine, Hemet, CA 92544

$1,250,000

Two adjacent fourplexes are offered together, totaling 8 units with spacious 2-bedroom, 1-bath layouts.

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Moreno Valley Multifamily Investment Opportunity
Moreno Valley Multifamily Investment Opportunity

24238 Postal Avenue, Moreno Valley, CA 92553

$1,165,000
3,600 sqft

Six-unit apartment building in Moreno Valley, excellent tenant base.

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Renovated Apartment Community
Renovated Apartment Community

1025 S Gilbert St, Hemet, CA 92543

Contact for pricing
5.50 AC lot

Sprawling apartment complex with one- and two-bedroom units, including in-unit washer/dryer and renovated interior upgrades.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure
Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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Off-Market Properties in Menifee, CA

Consider similar Off-Market properties in Menifee, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Menifee, CA 92584
APARTMENT HOUSE (100+ UNITS)

Menifee, CA 92584

$1,645,000
Estimated value
5,529 sqft 10.90 AC lot
View details
27570 Park Plz Ave
APARTMENT HOUSE (100+ UNITS)

27570 Park Plz Ave, Menifee, CA 92584-6884

Value Estimation by Request
10,839 sqft 4.24 AC lot
View details
30414 Town Ctr Dr
APARTMENT HOUSE (100+ UNITS)

30414 Town Ctr Dr, Menifee, CA 92584-6870

Value Estimation by Request
5,121 sqft 8.47 AC lot
View details
28378 Encanto Dr
APARTMENT HOUSE (5+ UNITS)

28378 Encanto Dr, Menifee, CA 92586-4503

$6,645,000
Estimated value
3,336 sqft 2.82 AC lot
View details
30300 Antelope Rd
APARTMENT HOUSE (100+ UNITS)

30300 Antelope Rd, Menifee, CA 92584-9438

$1,180,000
Estimated value
4,900 sqft 19.12 AC lot
View details
30951 Hanover Ln
APARTMENT HOUSE (100+ UNITS)

30951 Hanover Ln, Menifee, CA 92584-6629

$7,225,000
Estimated value
33,866 sqft 10.85 AC lot
View details
28301 Encanto Dr
APARTMENT HOUSE (100+ UNITS)

28301 Encanto Dr, Menifee, CA 92586-3353

Value Estimation by Request
960 sqft 5.42 AC lot
View details
28377 Encanto Dr
APARTMENT HOUSE (5+ UNITS)

28377 Encanto Dr, Menifee, CA 92586-3385

Value Estimation by Request
1,247 sqft 6.17 AC lot
View details
27757 Aspel Rd
APARTMENT HOUSE (100+ UNITS)

27757 Aspel Rd, Menifee, CA 92585-7701

$1,250,000
Estimated value
4,374 sqft 17.09 AC lot
View details
28155 Encanto Dr
APARTMENT HOUSE (100+ UNITS)

28155 Encanto Dr, Menifee, CA 92586-3218

$3,135,000
Estimated value
14,700 sqft 9.89 AC lot
View details
29930 Winter Hawk Rd
APARTMENT HOUSE (UNDER 5 UNITS)

29930 Winter Hawk Rd, Menifee, CA 92586-4863

$4,345,000
Estimated value
20,710 sqft 4.81 AC lot
View details

Menifee, CA Apartment Buildings Market Trends and Statistics

Explore 12 apartment buildings for sale in Menifee, CA on our real estate platform. These investment opportunities span a total of 4,176 square feet of properties for sale, with an estimated market value of $1,000,000.

Sale prices for two-family homes in Menifee, CA start at $1,000,000, averaging $1,000,000, and reaching up to $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 162K
Population Growth (5Y) +14.0%
Median Household Income $104,292
College Educated 31.9%

Taxes & Financing

Tax Rate (average for all types) 1.18%
Property Tax per SF $20.42 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

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