CnC Realty
1 / 33

$4,950,000

23524 Pico Avenue

Menifee, CA 92585

Active

4

Beds

3

Baths

1,609

Sq. Ft.

1961

Year Built

Riverside

County

MixedUse

Property Type

About this home

Great Single Family Home, Farm, Ranch or Development Opportunity in excellent location! This exciting property offers 18.36 +/- flat and usable acres, a single-story home, 6,000 sq ft warehouse and several outbuildings in Unincorporated Riverside County (Menifee address)! Currently Zoned RA, the fulure land use if developed could be RC-LDR, meaning homes on larger lots could be built here. The property consists of 2 APNs: 309-22-007 and 006. This is the first time the property is offered for sale since 1990. Property features all utilities on site, plus 3 septic systems, Frontier and Spectrum and 2 alarms. The steel warehouse was built in 1991, with 1253 +/- sq ft office space, 5 offices, a bathroom and reception area. There are 10 parking spaces and 1 ADA-compliant parking space, plus a 2-car garage attached to the home (built in 1961). With 1609 +/- sq ft, the home features 4 bedrooms and 2 baths, living room, family room, kitchen and screened porch with newer roof and HVAC system. Plenty of room for your business, animals, toys and projects, or how about some dry farming? Owner may carry with 50% down. If you are looking for a property that can serve many needs, look no further!

Listed by Glenn Kean · DRE #01938238 · First Team Real Estate
MLS #1148822471
ListedDec 11, 2025

Property Details

Architecture

Stories1
StyleTraditional
Total Units1
RoofComposition
Garage Spaces2
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesSeparate Formal Dining Room, All Bedrooms Down, Walk In Pantry
Exterior FeaturesN/A
FlooringCarpet, Tile, Vinyl
CoolingEvaporative Cooling, Whole House Fan
HeatingHeat Pump
FireplaceFamily Room
LaundryNone
Parking FeaturesConcrete, Door Single, Driveway, Garage, Paved, Rv Potential
Parking Total13
Patio & PorchScreened
Entry Level1
Entry LocationFront
Common WallsNo Common Walls

Property Features

Lot Size16.03 ac
Lot FeaturesSprinklers In Front, Lot Over40000 Sqft
ViewHills, Pasture
DirectionsFrom 215 fwy, east on Hwy 74, north on Menifee Rd, left on Ellis, right on Pico Ave.

Community

AreaSRCAR - Southwest Riverside County
School DistrictPerris Union High

Tax & Financial

TermsCash, Cash To New Loan, Conventional, Owner May Carry, Va Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$26,346/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 6:45 PM

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