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Listed by Ed Farnaghi • Coldwell Banker Realty
$ 1,100,000
Est. payment /mo
Active
Murrieta, CA 92562
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-26008306
Year Built 1979
Annual Tax Amount $5,424
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Location, location; A prime location, adjacent to northbound 15 freeway, in the heart of Murrieta Golden Triangle, between Freeway I-15 and 215 in Temecula Valley. Great development and investor opportunity for high density residential and mixed-use commercial. Nearby ongoing multi family, medical offices and shopping center projects. Also located centrally between Orange, Los Angeles, and San Diego County. There are an existing two manufactured home on the subject property, one is approximately 750 sqft 1BR/1BA on permanent foundation and second one approximately 800 sqft 1BR/IBA not on permanent foundation. It is tenant occupied with a total monthly rent of $2,050.
"VALUE IS IN LAND" properties being sold "AS IS". Current designated zoning is mixed use / office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, hotel, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
"VALUE IS IN LAND" properties being sold "AS IS". Current designated zoning is mixed use / office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, hotel, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
Location
State CA
County Riverside
Interior
Heating Central
Laundry Outside
Exterior
Utilities Available Propane, Sewer Not Available, Electricity Connected
Building
Lot Description Yard, Level, Lot Over 40000 Sqft, No Landscaping, Paved, 0-1 Unit/Acre, Back Yard