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23524 Lodge — Menifee — 1 Bed • 1 Bath • 400 Sq Ft | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+35 more

$189,000

19 DOM

$473/sqft1 bd1 ba400 sqft

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23524 Lodge Menifee, CA 92587

4,792sqft lot

Welcome to 23524 Lodge Dr where opportunity meets affordable California living. This fun fixer is perfect for anyone looking to roll up their sleeves and create something special. Situated on fully fenced land that you own (no land lease!), this property offers freedom, flexibility, and room to grow. Bring your vision and your toys. There’s ample space to park your RV, boat, trailer, or weekend adventure gear right on your own property. Whether you're looking for a starter home, investment opportunity, or a place to customize to your style, this one has serious potential.

MLS SW26065601

951-400-4127 (Office) 949-545-1640 (Cell) Shantae@mogul-realestate.com

Est. payment

$1,208/mo

Principal & interestTaxesInsurance

$956$197$55

Down %

Rate %

Years

Down payment: $37,800 · Total cost: $381,847

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$1,208/mo

Principal & interest: $956
Est. property tax: $197
Est. insurance: $55
Down payment: $37,800

Est. gross rent$788/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-420/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 22, 2026	$189,000	—

Facts & Features

Structure & Property

Year Built1951

951-400-4127 (Office) 949-545-1640 (Cell) Shantae@mogul-realestate.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

23524 Lodge, Menifee, CA 92587

Get Directions

Call

23524 Lodge Menifee, CA 92587

About this home

Shantae Short

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Shantae Short

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

23524 Lodge, Menifee, CA 92587

About This Property

Property Photos

23524 Lodge Menifee, CA 92587

About this home

Shantae Short

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Shantae Short

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.