27987 Jefferson Ave, Menifee, CA — $245,500

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About this home

Developer/invester alert!- CURRENT HOME IS A TOTAL TEAR DOWN!! New zoning is high density residential (HDR; 6-9 units per city) This property consists of 2 LOTS for a total of half acre. 27987 Jefferson Ave presents a rare redevelopment opportunity in the heart of Menifee, CA, providing a blank canvas for an investment project. With ample space(subject to local planning/entitlements), this property offers exceptional upside in one of Southern California's fastest-growing communities. Strategically located near schools, shopping, parks, and quick access to the I-215 Corridor, this site supports strong long-term value and redevelopment demand. If you're an investor or a builder with vision, this offering is a rare land play in Menifee.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

🏷 Last sold$230,000 · Apr 2005

📋 Assessed value$241,679

💵 Annual tax$2,540

🏫 School districtPerris Union High School District (9-12)

MLS #SW26153260

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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VA loan (no PMI)

Estimated total monthly payment

$1,538

Principal & interest$1,241

Property tax$225

Home insurance$72

Down payment: $49,100Loan: $196,400

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.