28981 Del Monte, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
ACTIVE$259,900
28981 Del Monte, Menifee, California 92586
2Beds
2Baths
1,098Sqft
7,405Lot
Year Built
1964
Close
-
List price
$260K
Original List price
$260K
Price/Sqft
$237
HOA
$40
Days on market
-
Sold On
-
MLS number
SW25276174
Home ConditionPoor
Features
ViewNeighborhood
About this home
Great Deal:The estimated price is 3% above the list price. We found 3 Cons,6 Pros. Rank: price - $259.9K(1th), sqft - 1098(24th), beds - 2(50th), baths - 2(50th).
Handy man special! This is an REO fixer for some one looking for a bargain. Being "Sold As Is".
Nearby schools
7/10
Ridgemoor Elementary School
Public,•K-5•0.9mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.6mi
5/10
Hans Christensen Middle School
Public,•6-8•1.7mi
6/10
Menifee Valley Middle School
Public,•6-8•3.1mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.4mi
2/10
Pinacate Middle School
Public,•7-8•4.9mi
7/10
Paloma Valley High School
Public,•9-12•2.5mi
4/10
Heritage High School
Public,•9-12•4.7mi
Price History
Date
Event
Price
12/15/25
Listing
$259,900
07/31/00
Sold
$85,000
01/13/98
Sold
$53,000
Condition Rating
Poor
Built in 1964, this property is explicitly marketed as a 'Handy man special' and 'REO fixer,' sold 'As Is.' The images confirm a state of severe disrepair and neglect. The kitchen features extremely outdated cabinets, countertops, and backsplash, with no visible modern appliances and signs of partial demolition or damage. The bathroom is equally outdated with old fixtures and poor wall condition. Flooring consists of dated ceramic tile and worn, stained carpets. The exterior shows boarded-up windows and an overgrown, neglected yard. All major systems (HVAC, electrical, plumbing) are likely original or very old, requiring substantial replacement. This property requires extensive rehabilitation and is likely uncomfortable or unsafe in its current state, fitting the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1098.
Attractive Price Point: The list price of $259,900 is highly competitive for a single-family residence in California, offering an accessible entry point for buyers or investors.
Significant Renovation Potential: Explicitly marketed as a 'Handy man special' and 'REO fixer,' this property presents substantial value-add opportunities for appreciation after comprehensive renovation.
Generous Lot Size: With a 7,405 sqft lot, the property provides ample outdoor space for landscaping, potential expansion, or various recreational activities.
Favorable School District Access: The property is located near well-rated educational institutions, including Paloma Valley High School (7/10) and Ridgemoor Elementary School (7/10), enhancing its appeal to families.
Low Monthly Association Fee: A minimal $40 association fee contributes to lower overall monthly housing expenses, making it more financially attractive.
Cons
Extensive Renovation Required: The property is explicitly described as a 'fixer' and 'handyman special,' indicating it requires significant and potentially costly repairs and upgrades throughout.
Sold 'As Is' Condition: Being sold 'As Is' means the seller will not make any repairs, placing the full burden and financial risk of existing defects or unknown issues squarely on the buyer.
Older Property with Outdated Systems: Built in 1964, the home likely features original or outdated systems (e.g., plumbing, electrical, HVAC) and finishes that will require modernization or replacement, adding to renovation expenses.