Updated Duplex in 55+
For Sale
$319,000
26125 Mccall Boulevard, Menifee, CA 92586
MULTI_FAMILY - Menifee, CA
Property Size1,943 SF
Lot Size0.08 Acres
Price / SF$164.18
Days on Market10
Property Features for 26125 Mccall Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Laundry Room, Bathroom 2
Parking
2
Spa
1
Patio and Porch features
Porch
Lot features
Front Yard
Elementary school district
Menifee Union
Middle school district
Menifee Union
High school district
Menifee Union
Directions
215 freeway to McCall
Subdivision
SRCAR - Southwest Riverside County
Standard status
Active
APN
337021020
Size
1,943 SF
Lot size
0.08 Acres
Taxes and HOA fees
HOA Fee
$250 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
courtyard
pool
lawn bowling
water volleyball
water aerobics
Building Details
Year built
1969
Floors in Building
1
Number of units
1
Listing Agency:
Real Brokerage Technologies
(855) 450-0442
Listed By:
Jill Hardy · License #01491491
(619) 248-6434
Added: Aug 6
Changed: Aug 14
Last Checked: Aug 15 at 12:06AM
MLS# SW26175845
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers 1,943 square feet with two bedrooms, two bathrooms, an updated kitchen, and a permitted addition at the rear. New dual-pane windows, central heating, central air, a porch, and a leased solar system are also included. Public water and public sewer serve the property, which was built in 1969.
Located within the Sun City Civic Association’s 55+ community in Menifee, the property includes a front courtyard and no yard maintenance responsibility. Community amenities include two pools, lawn bowling, water volleyball, and water aerobics. The lot measures 0.0804 acres.
Located within the Sun City Civic Association’s 55+ community in Menifee, the property includes a front courtyard and no yard maintenance responsibility. Community amenities include two pools, lawn bowling, water volleyball, and water aerobics. The lot measures 0.0804 acres.
Key Highlights
- 1,943 square feet with 2 bedrooms and 2 bathrooms
- Permitted rear addition expands the living area
- Updated kitchen and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,943
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,860
$518.9K
Cap Rate 7%
$370,614
$370.6K
Cap Rate 9%
$288,256
$288.3K
Market Conditions
NOI Build-Up for 1,943 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.6K $20.40/SF
− Vacancy
−$2.6K −$1.33/SF
EGI
$37.1K $19.07/SF
− OpEx
−$11.1K −$5.72/SF
NOI
$25.9K $13.35/SF
Area
Menifee, CA
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,860
Cap Rate 7%
$370,614
Cap Rate 9%
$288,256
Alternative Uses
Best Use
Multifamily LT 5
$370.6K
$324.3K – $432.4K
NOI $25,943 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$344.4K
$301.4K – $401.8K
NOI $24,109 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$492.4K
$430.9K – $574.5K
NOI $34,470 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 92586, CA
22,188
Population
10,059
Households
2.2
Avg Household Size
60
Median Age
14%
College-Educated
86%
High-School Grad
6.4 sq mi
ZIP Area
3,467
Density / Sq Mi
$53,991
Median Household Income
$42,230
Median Earnings
$1,660
Median Rent
$338,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated interiors, permitted rear addition, and community amenities support comfortable single-level living.
Where is this duplex located?
The property is located at 26125 Mccall Boulevard Menifee, CA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 1,943 square feet with 2 bedrooms and 2 bathrooms; Permitted rear addition expands the living area; Updated kitchen and bathrooms
