$625,000
●
House -
In Contract
32567 Richardson
Menifee, CA 92584
3 Beds
2 Baths
2,075 Ft²
$3,193
Est. Monthly
$124
HOA / Fees
About This Property
Assumable VA Loan with 2.99% Interest - This is a TERRIFIC Single
Story Home with an OPEN-CONCEPT Design with FREE SOLAR PACKAGE and
NEWLY Built in 2021 * * Enjoy this EXPANSIVE Floor-Plan offering
2075sqft with 3 LARGE Bedrooms, Separate Office/Den (could be 4th
bedroom) and 2 FULL Bathrooms * * Wonderful ISLAND Kitchen with
QUARTZ Counter Tops, STAINLESS STEEL Appliances including the
Refrigerator, WALK-IN Pantry, Breakfast Counter for the Kids and
In-Kitchen Dining Area * * SUPER SIZED Family Room with LOTS of
Windows allowing an Abundance of Natural Light is PERFECT for
Family Gatherings * * Low Maintenance Backyard with Gazebo,
Block-Walls and Vinyl Fencing * * Beautiful Wood Laminate Flooring
Throughout, DESIGNER FIXTURES, LED Recessed Lighting & Raised Decor
Panel Doors, Quartz Counters, FREE SOLAR PACKAGE, Stainless Steel
Appliances and MORE * * SPACIOUS Primary Bedroom Suite with a LARGE
Walk In Closet - AND - Primary Bathroom with His & Her Sinks and
Walk-In Shower * * (2) Additional Nicely Appointed * * Separate
Den/Office - Could Be the 4th Bedroom * * INDOOR LAUNDRY ROOM
including the Washer/Dryer * * Terrific Curb Appeal with (2) Car
Attached Garage and Low Maintenance Drought Tolerant Landscape * *
GREAT Location and Close to Schools, Shopping, Dining/Restaurants,
Parks & EZ Freeway Access for the Commuter - THIS IS A GREAT HOME!!
Unit Size
2,075 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$301
Property Type
House
Property Taxes
-
HOA Dues
$124
Year Built
-
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 #IG26138978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Price Decreased |
$625,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by Elevate Real Estate Agency | $639,900 | |
| Listed by Elevate Real Estate Agency | |||
| May 8, 2025 | Price Decreased |
$625,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed | $639,500 | |
| Listed | |||
| | |||
|
NOW OFFERING A 2.99% ASSUMABLE INTEREST RATE! Welcome to 32567 Richardson Street in the heart of Menifee. A beautifully updated single-story home that perfectly blends comfort, style, and functionality. This spacious residence offers 3 bedrooms plus a versatile bonus room, ideal for a home office, playroom, or guest space. The open-concept floor plan features tall ceilings, energy-efficient LED lighting, and luxury vinyl plank flooring. The great room seamlessly connects the living room, dining room, and kitchen, anchored by a cozy fireplace and filled with natural light. The modern kitchen is a chef’s dream with white cabinets, quartz countertops and backsplash, stainless steel appliances, a large island with bar seating, and a pantry. The generously sized primary suite includes an en-suite bathroom with dual vanities, a walk-in shower, and a spacious walk-in closet. Enjoy the convenience of a fully paid-off solar system and a low-maintenance, drought-tolerant yard. The private backyard is perfect for entertaining with stamped concrete, vinyl fencing, and a charming gazebo with lighting. Complete with a 2-car attached garage, this home is move-in ready and waiting for its next owner. With close proximity to schools, shopping, dining and the 215 Freeway, this home offers luxury, convenience, and space in a prime Menifee location.
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Concrete, Direct Access, Driveway, Garage Faces Front, Garage
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Eat-in Kitchen, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Walk-In Closet(s), BreakfastArea, SeparateFormalDiningRoom, QuartzCounters, AllBedroomsDown, Attic, BedroomOnMainLevel, DressingArea, MainLevelPrimary, PrimarySuite, WalkInPantry
Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Refrigerator, Dryer, Washer
Flooring Type: Carpet, Laminate
Door Features: Sliding Doors, PanelDoors
Laundry Features: Inside, Laundry Room
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 2075
Square Footage Source: $0
Security Features: Security System, Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Property Condition: Updated/Remodeled, Turnkey
Architectural Style: Modern, Ranch
Year Built Source: Assessor
Year Built: 2021
Levels: One
Other Structures: Gazebo
Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
Construction Materials: Stucco
Patio and Porch Features: Covered, Front Porch, Patio, See Remarks, Concrete, Open
Pool Features: None
Lot Features: Back Yard, Front Yard, Garden, Landscaped, Level, Rectangular Lot, SprinklerSystem, StreetLevel, Yard
Lot Size Area: 5227
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5227
Tax Lot: 50
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Fireplace(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds
HOA Fee: $124
HOA Fee Frequency: Monthly
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 Riverside
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Listed by: Tom Tennant, Elevate Real Estate Agency
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IG26138978
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IG26138978
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