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23524 Pico Ave
For Sale $4,950,000 ($3,076.44 per Sq Ft)
$4,950,000 ($3,076.44 per Sq Ft)
- 1 Units
- 1,609 Sq Ft
- 698,267 Sq Ft
- Unknown Cap Rate
Description
Great Single Family Home, Farm, Ranch or Development Opportunity in excellent location! This exciting property offers 18.36 +/- flat and usable acres, a single-story home, 6,000 sq ft warehouse and several outbuildings in Unincorporated Riverside County (Menifee address)! Currently Zoned RA, the fulure land use if developed could be RC-LDR, meaning homes on larger lots could be built here. The property consists of 2 APNs: 309-22-007 and 006. This is the first time the property is offered for sale since 1990. Property features all utilities on site, plus 3 septic systems, Frontier and Spectrum and 2 alarms. The steel warehouse was built in 1991, with 1253 +/- sq ft office space, 5 offices, a bathroom and reception area. There are 10 parking spaces and 1 ADA-compliant parking space, plus a 2-car garage attached to the home (built in 1961). With 1609 +/- sq ft, the home features 4 bedrooms and 2 baths, living room, family room, kitchen and screened porch with newer roof and HVAC system. Plenty of room for your business, animals, toys and projects, or how about some dry farming? Owner may carry with 50% down. If you are looking for a property that can serve many needs, look no further!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,950,000 |
| Property Type | Flex Space |
| Usable Sqft | 1,609 |
| Number of Stories | 1 stories |
| Parking Spots | 2 spots |
| Year Built | 1961 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 309220007 |
| MLS # | SW25274613 |
| Property ID | 322448717 |
| Lot Sqft | 698,267 |
| Zoning | RA |
| Total Units | 1 |
| Days on Market | 42 |
| Original List Price | $4,950,000 |
| Applicances | Dishwasher,Disposal,Gas Range,Water Heater% |
| Date Updated | January 14, 2026 |
| Date Created | December 11, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Glenn Kean an agent of . Lic #01938238
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 14, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT