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Sold on 08/06/2025
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23960 Norma Dr, Menifee, CA 92587

$461,600

Last sold 08/06/2025 after 341 Days

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    bed

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    bath

Multi-family not for sale
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About 23960 Norma Dr

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 5,227 Sqft
Property description
3-unit mixed-used rental complex located in Quail Valley, Menifee. Two 3-bedroom 2-bath units, and one commercial front with three office spaces and one restroom Septic system (new) for adjoining units. Fixer, being s converted from a 4-unit apartments to a 3-unit mixed used. Construction permits expired, need to re-submit. Two lots are included in this sale: lot 35 with the building on it, and lot 34 next to it (at 23950 Norma Dr) with the septic system. The total lot size is 10,454 sq ft combined. Sold As-ls. Buyer/Buyer Agent to verify all information. Information in this ad is deemed rellable but not guaranteed. Seller financing available.
Listed by
Listing Agent - Mathieu Schmitt
Listing Agent Contact: 626-612-9279
Listing Office - STANFLES REALTY
Source: CRMLS mls logo
MLS#CV24253850 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Commercial/Residential
Status Active Under Contract
Lot Size (Acres) 0.12
Lot Size (SqFt) 5227
Year Built 1940
Interior
Laundry Washer Hookup
Exterior
Building Area Square Feet, 2695
Roof Shingle
# Parking Spaces 4
Lot Description 2-5 Units/Acre
Amenities / Utilities
Sewer/ Septic Engineered Septic
Water Source Public
Pool None
Location
County Riverside
Community Features Rural
Neighborhood Quail Valley
Zoning C-1/C-P
Directions Goetz Road Left On Norma
APN 350256010
Multifamily Details
Operating Expense 8000
Gross Scheduled Income 66000
  • Aug 2025
    mls logo MLS # CV24253850
  • Aug 6, 2025 Sold
    $461,600
  • Jul 16, 2025 Active
    —
  • Jun 20, 2025 Listed
    —
  • Jun 16, 2025 Active
    —
  • May 27, 2025 Price Change
    $500,000 (-5.7%)
  • Feb 15, 2025 Price Change
    $530,000 (-7.0%)
  • Jan 21, 2025 Listed
    —
  • Jan 11, 2025 Pending
    —
  • Aug 30, 2024 Listed
    $570,000 (-9.4%)
  • Aug 2025
    mls logo MLS # CV24180006
  • Aug 6, 2025 Sold
    $461,600 (-7.7%)
  • Jul 16, 2025 Active
    —
  • Jun 20, 2025 Listed
    —
  • Jun 16, 2025 Active
    —
  • Jan 21, 2025 Listed
    —
  • Jan 11, 2025 Pending
    —
  • Nov 8, 2024 Price Change
    $570,000 (-4.8%)
  • Oct 1, 2024 Price Change
    $599,000 (+5.1%)
  • Aug 30, 2024 Listed
    $629,000
  • 23960 Norma Dr
    $461K
  • Quail Valley
    $414K -24% y/y
  • 92587
    $614K -5% y/y
  • Menifee
    $599K 0% y/y
No chart available
Statistics calculated by Movoto

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1/10
Pinacate Middle School
public Grades 7-8
Perris Union High School District
7/10
Paloma Valley High School
public Grades 9-12
Perris Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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