Property profile

28378 Encanto Dr Menifee, CA 92586

OFF-MARKET
Apartment buildings
Property ID
US09-3220783
3,336 SF 2.82 ac lot Built 1992
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1992
Construction WOOD
Total area 3,336 SF
Lot 2.82 ac (122,839 SF)
Zoning code R1
APN 336-030-012
UPID US09-3220783

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28378 Encanto Dr Menifee, CA 92586-4503
Menifee metro Census 42751 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.48M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.25M
Blend (final) Blend
$6.99M

Owner & transaction history

since 2021
Last sale
$6.6M
7 recorded transactions
2022
Price N/A
2021
$6.6M
2021
Price N/A
2018
Price N/A
2018
Price N/A
2018
$2.0M
2017
Price N/A

Zoning & alternative use

R1 · Menifee, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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