Skip main navigation
Pending
  • Listed by: eXp Realty of California, Inc. • Renee Keeling • Contact: 866-733-4623
    $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

    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!
    3 days
    |
    128
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Renee Keeling DRE #01498147 951-334-3775,

    eXp Realty of California, Inc.

    Source: CRMLS,MLS#: SW26148710MLS LogoOriginating MLS: California Regional MLS

      Facts & 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: $481,009
      • Annual tax amount: $5,600
      • Date on market: 7/8/2026
      • Cumulative days on market: 3 days
      • Listing terms: Cash
      • Road surface type: Paved

        Estimated market value

        $980,000

        $931,000 - $1.03M

        $2,738/mo

        Price history

        DateEventPrice
        7/16/2026Pending sale$1,000,000$239/sqft
        Source: eXp Realty #SW26148710 Report a problem
        7/8/2026Listed for sale$1,000,000-50%$239/sqft
        Source: CRMLS #SW26148710 Report a problem
        11/12/2024Listing removed--
        Source: Owner Report a problem
        8/12/2024Listed for sale$2,000,000+4661.9%$479/sqft
        Source: Owner Report a problem
        11/29/2000Sold$42,000$10/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92584

        Getting around

        6 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help