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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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29557 Monarch Road — Menifee — 3 Beds • 3 Baths • 1,499 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

$542,990

377 DOM

$362/sqft3 bd3 ba1,499 sqftHOA ~260/mo

Call

29557 Monarch Rd Menifee, CA 92584

1,637sqft lot

Welcome to Riverwalk Village at Town Center, a new construction, single family detached condominium community by Richmond American Homes. This GATED neighborhood offers a Clubhouse, fitness room, pool and spa. Your Buyers will enjoy low maintenance living and an excellent location within 1 mile to Menifee Town Center and I-215 frwy. This Northcross plan pairs comfort w/function. Located right by the community pool, it features 3 bedrooms + 2nd floor Loft, 2.5 baths ( a powder room on main level) and 2 car direct access garage. The Beautiful light and bright kitchen comes with White cabinetry, soft close doors and drawers, matte black hardware, under cabinet lighting, quartz countertops and GE profile appliances including a professional vent hood and induction cooktop. Flooring includes wood laminate and carpet in all bedrooms, hallways and stairs, tiled bathroom and laundry floors. Primary walk in shower is fully tiled , 9 ft ceilings on 1 and 2nd floor, tons of recessed lighting and ceiling fan pre-wires in great room and all bedrooms. Owners will also enjoy a private covered patio. Estimated completion is late May 2025

MLS IG25070165

909-806-9352 (Office) 800 852-9714 (Cell) randy.anderson@richmondamericanhomes.com

Est. payment

$3,730/mo

Principal & interestTaxesInsuranceHOA

$2,746$566$158$260

Down %

Rate %

Years

Down payment: $108,598 · Total cost: $1,097,033

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$3,730/mo

Principal & interest: $2,746
Est. property tax: $566
Est. insurance: $158
HOA (normalized / mo): $260
Down payment: $108,598

Est. gross rent$2,262/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)$-1,468/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.