NOT LISTED FOR SALE

25478 Roufus Rd Menifee, CA 92584

7 Beds
5 Baths
3,144 Sq Ft
1.38 Acres

Last Sold September 09, 2024

Last sale price $695,000 $221 Per Sq Ft

136 Days on Market

Highlights

  • Detached Guest House
  • Panoramic View
  • No HOA
  • RV Access or Parking
  • 1.38 Acre Lot
  • Two Homes on a Lot

About This Home

As of September 2024

SELLER MAY CARRY with the right offer. Great 4-unit income investment property with a storage yard and a 2-car garage on a 1.38 acre parcel. The location is quiet, up on a hill and has amazing panoramic views of mountains and hills. All units are rented with established tenants. 60k owned ground mounted solar system installed a few years ago. Each unit has a sub-meter to track energy use. Tenants pay for any usage over what the solar produces. Paved parking galore. Multiple RVs, boats, vehicles and toys can be parked there. Well water with 2 new 5000 gallon water tanks and a subterranean well-pump system recently installed. One unit had some upgrades in 2019, and another unit had some upgraded in 2017. All units have washer and dryer hook-ups and heating and air. Two septic systems on property. One structure just recently had the water heater replaced. Storage yard and units have securable fencing. Property is fully fenced. Rural residential zoning. Cash or seller carry only.

Last Agent to Sell the Property

Kristina Sanders

SimpliHOM Brokerage Phone: 3107801712 License #02106110 Listed on: 04/05/2024

SimpliHOM

Last Buyer's Agent

Roberto Castillo

ENCORE REAL ESTATE License #02155886

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $7,581

Year Built

  • Built in 1973

Lot Details

  • 1.38 Acre Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Rural Setting
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 20 Open Parking Spaces
  • Attached Carport
  • Parking Storage or Cabinetry
  • Parking Available
  • RV Access or Parking

Property Views

  • Panoramic
  • Mountain

Home Design

  • Manufactured Home With Land
  • Entry on the 1st floor

Interior Spaces

  • 3,144 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Propane Dryer Hookup

Outdoor Features

  • Outdoor Storage

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Utilities

  • Well
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot E
  • Tax Tract Number 432
  • Assessor Parcel Number 362280013
  • $2,178 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • Electric Expense $120
  • Fuel Expense $3,600
  • Insurance Expense $1,407
  • Trash Expense $228
  • Operating Expense $5,355
  • Gross Income $4,665
  • Net Operating Income $3,103

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$7,581

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 177250
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-A-2 1/2
  • Property Sub Type: Manufactured On Land
  • Property Type: Residential Income
  • Parcel Number: 362280013
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 221.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Guest House Detached, Storage, Two On A Lot
  • View: Mountain(s), Panoramic
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Attached Carport, RV Access/Parking, RV Gated
  • Total Parking Spaces: 22.00
  • Uncovered Spaces: 20.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Outside, Propane Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 228.00
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac
  • Lot Size Sq Ft: 60113.00
  • Lot Size Acres: 1.3800

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 600 Square Feet
  • Average3 Bed Area: 1344 Square Feet
  • Electric Expense: 120.00
  • Fuel Expense: 3600.00
  • Gross Income: 4665.00
  • Gross Operating Income: 4370.00
  • Gross Scheduled Income: 4665.00
  • Insurance Expense: 1407.00
  • Lot Size Area: 60113.0000 Square Feet
  • Net Operating Income: 3103.00
  • Number Of Separate Electric Meters: 1
  • Number Of Units Total: 4
  • Number With Patio: 1
  • Operating Expense: 1267.00
  • Other Income Description: Gated Storage Yard
  • Rent Control: No
  • Total Expenses: 5355.00
  • Vacancy Allowance: 295

Tax Info

  • Tax Census Tract: 432.79
  • Tax Lot: E
  • Tax Tract Number: 432
  • Tax Annual Amount: 7581.00
  • TaxOtherAnnualAssessmentAmount: 2178.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $695,000 -2.0% $221 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $709,000 +1.4% $226 / Sq Ft
05/20/2024 05/20/24 Price Changed $699,000 -4.1% $222 / Sq Ft
04/05/2024 04/05/24 For Sale $729,000 +12.2% $232 / Sq Ft
07/29/2021 07/29/21 Sold $650,000 0.0% --
06/27/2021 06/27/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $650,000 -3.7% --
05/18/2021 05/18/21 Price Changed $675,000 -3.6% --
03/29/2021 03/29/21 For Sale $700,000 +27.3% --
04/09/2020 04/09/20 Sold -- -- --
03/10/2020 03/10/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $550,000 +29.4% --
12/12/2017 12/12/17 Sold $425,000 -5.6% $7 / Sq Ft
11/15/2017 11/15/17 For Sale $450,000 -- $7 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24067496

California Regional Multiple Listing Service (CRMLS)