$455,000
↓ $44K (8.8%)
●
Land -
For Sale
27536 Ethanac Road
Menifee, CA 92585
Studio
0 Bath
$2,235
Est. Monthly
About This Property
LOCATION! LOCATION! Zone Commercial Use BP ,the land compose of 4
lots all to be sold together. each lot has its unique APN. It has
many Potential uses such as Hardware and building Supplies stores,
light manufacturing, recycling collection and processing facility.
Other Conditional uses : Contractor landscape, Building materials
yard, Construction Yard , Equipment sales and rentals, Motor
Vehicles repair shop, Storage Services and many more uses.
The location is perfect near shopping centers and many well
stablish businesses around it. The land is all fenced.
Utilities on the street , Utilities Maybe on the property in one of
the parcels. Easy access to 1215 for your convenience. Don't missed
out!
Unit Size
-
Days on Market
505 days
Land Size
0.90 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1980
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CRMLS #SW25124133)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$455,000
↓ $44K
(8.8%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$499,000
↓ $51K
(9.3%) | |
| Price Decreased | |||
| Apr 17, 2026 | Relisted | $550,000 | |
| Relisted | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by California Dream Homes Realty | $550,000 | |
| Listed by California Dream Homes Realty | |||
Property Highlights
Exterior Details
Lot Features: Level, ValueInLand
Lot Size Area: 39205
Lot Size Units: Square Feet
Lot Size Acres: 0.9
Lot Size Square Feet: 39205
Tax Lot: 595
Water Source: Public
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
Similar Homes for Sale
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Listed by: Flora Salazar, California Dream Homes Realty
Last Updated: 2 months ago
Data Source: CRMLS, MLS# SW25124133
Last Updated: 2 months ago
Data Source: CRMLS, MLS# SW25124133
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