Investor’s Dream! Rare Multi-Family Opportunity on 4.66 Flat, usable Acres! Welcome to this one of a kind income producing property offering endless possibilities. This unique estate features two manufactured homes with a combined total of 7 bedrooms and 5 bathrooms, plus two additional apartment units, making it ideal for multi-generational living, rental income, employee housing, or a variety of investment opportunities. Both main homes are equipped with owned solar systems, and the property is serviced by a private well and septic system, helping keep operating costs low. This property also offers a 30x60 shop with a 1 bedroom apartment and 22x30 garage thats been converted to a studio apartment. Whether you’re an investor looking to expand your portfolio, a business owner in need of acreage for equipment, storage, or a future shop, or a buyer seeking a flexible multi-family compound, this property offers incredible versatility and room to grow. Properties with this combination of acreage, multiple dwellings, and unlimited potential are exceptionally rare. Don’t miss this incredible opportunity!
Pending
Listed by: eXp Realty of California, Inc. • Renee Keeling • Contact: 951-334-3775
$1,000,000
31507 Walsh Ln, Menifee, CA 92584
7beds
4,176sqft
Manufactured Home
Built in 2010
4.66 Acres Lot
$980,000 Zestimate®
$239/sqft
$-- HOA
What's special
- 23 days
- 21
- 0
Zillow last checked:
Listing updated:
Listed by:
Renee Keeling DRE #01498147 951-334-3775,
eXp Realty of California, Inc.
Source: CRMLS,MLS#: SW26148710
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 4
- 3/4 bathrooms: 2
- Main level bathrooms: 5
- Main level bedrooms: 7
Rooms
- Room types: Bedroom, Family Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Full Bath on Main Level
Family room
- Features: Separate Family Room
Kitchen
- Features: Walk-In Pantry
Heating
- Central
Cooling
- Electric
Appliances
- Laundry: Laundry Room
Features
- Bedroom on Main Level, Main Level Primary, Primary Suite
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,176 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Level, Garage, RV Hook-Ups, RV Potential, RV Access/Parking, Unpaved
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: n/a
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 4.66 Acres
- Features: Lot Over 40000 Sqft
Details
- Additional structures: Second Garage, Guest House Detached, Storage, Workshop
- Parcel number: 360190007
- Special conditions: Standard
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Manufactured Home
Materials
- Foundation: Permanent
Condition
- Fixer
- New construction: No
- Year built: 2010
Utilities & green energy
- Sewer: Septic Tank, Septic Type Unknown
- Water: Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Valley
Location
- Region: Menifee
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $490,628
- Date on market: 7/8/2026
- Cumulative days on market: 23 days
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
$980,000
$931,000 - $1.03M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Pending sale | $1,000,000$239/sqft |
Source: eXp Realty #SW26148710 Report a problem | ||
| 7/8/2026 | Listed for sale | $1,000,000-50%$239/sqft |
Source:  CRMLS #SW26148710 Report a problem | ||
| 11/12/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/12/2024 | Listed for sale | $2,000,000+4661.9%$479/sqft |
Source: Owner Report a problem | ||
| 11/29/2000 | Sold | $42,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $490,628 +2% |
| 2025 | $5,600 +2.2% | $481,009 +2% |
| 2024 | $5,477 -0.5% | $471,578 +2% |
| 2023 | $5,506 +1.3% | $462,332 +2% |
| 2022 | $5,434 +1.9% | $453,268 +2% |
| 2021 | $5,332 +0.4% | $444,381 +1% |
| 2020 | $5,312 +2.1% | $439,826 +2% |
| 2019 | $5,202 +4.5% | $431,203 +2% |
| 2018 | $4,977 -18.5% | $422,749 +31.3% |
| 2017 | $6,110 -27% | $322,000 |
| 2016 | $8,364 +4.6% | $322,000 +8.4% |
| 2015 | $7,998 | $297,000 +17.4% |
| 2013 | -- | $253,000 +107.4% |
| 2012 | -- | $122,000 -7.6% |
| 2011 | -- | $132,000 -37.9% |
| 2010 | -- | $212,455 -0.2% |
| 2009 | -- | $212,961 +2% |
| 2008 | -- | $208,786 +2% |
| 2007 | -- | $204,693 +2% |
| 2006 | -- | $200,680 +2% |
| 2005 | -- | $196,746 +3.9% |
| 2003 | -- | $189,356 +2% |
| 2002 | -- | $185,644 +2% |
| 2001 | $1,970 | $182,004 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 92584
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