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28751 Olympia Way — Menifee — 3 Beds • 2 Baths • 1,500 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+24 more

$424,900

70 DOM

$283/sqft3 bd2 ba1,500 sqftHOA ~37/mo

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28751 Olympia Way Menifee, CA 92586

7,841sqft lot

Fully renovated turnkey home in one of southern California's largest active adult communities. This open floor plan home has been upgraded from top to bottom: freshly painted interior and exterior, new energy-efficient windows for the entire home, luxury vinyl plank and tile flooring, new kitchen and vanity cabinets with quartz countertops and backsplashes, all new stainless steel appliances, as well as recessed lighting in the kitchen, living areas and bathroom. The home also features an indoor laundry room as well as an oversized single-car garage. 55+ Community.

MLS IV26026504

951-202-4787 (Office) 951-202-4787 (Cell) Lfu1751@gmail.com

Est. payment

$2,753/mo

Principal & interestTaxesInsuranceHOA

$2,149$443$124$37

Down %

Rate %

Years

Down payment: $84,980 · Total cost: $858,449

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$2,753/mo

Principal & interest: $2,149
Est. property tax: $443
Est. insurance: $124
HOA (normalized / mo): $37
Down payment: $84,980

Est. gross rent$1,770/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)$-983/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	Feb 4, 2026	$435,000	—

Facts & Features

Transaction Data

▼Price Reduced from $435,000 (−$10,100)

HOA Fee$37/monthly

Structure & Property

Year Built1964

Garage Spaces1

951-202-4787 (Office) 951-202-4787 (Cell) Lfu1751@gmail.com

Sale & Tax History

No Recent Sales History

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

Location

28751 Olympia Way, Menifee, CA 92586

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Call

28751 Olympia Way Menifee, CA 92586

About this home

LUIS URIBE

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

LUIS URIBE

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

28751 Olympia Way, Menifee, CA 92586

About This Property

Property Photos

28751 Olympia Way Menifee, CA 92586

About this home

LUIS URIBE

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

LUIS URIBE

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.