Murrieta, CA 92562
Murrieta, CA 92562
Murrieta, CA 92562
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Ed Farnaghi • Coldwell Banker Realty
$3,798,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC-25035343

Year Built 1979

Property Sub-Type Mixed Use

Source California Regional Multiple Listing Service (CRMLS)

Property Description

GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new. Subject is MIXED USE and has Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-180-011 for $2,000,000 & 949-180-012 for $1,798,000. Each parcel can be purchased separately or together. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned 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, 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

Area Srcar-Southwest Riverside County

Zoning Mixed Use,offic commercia

Interior

Heating Central

Laundry Electric Dryer Hookup, Gas & Electric Dryer Hookup, In Closet

Exterior

Utilities Available Propane, See Remarks, Cable Connected, Electricity Connected, Phone Connected

Building

Lot Description Value In Land, Rolling Slope, Sloped Down, Gentle Sloping, Irregular Lot, Lot Over 40000 Sqft, Corner Lot, 2-5 Units/Acre, 31-35 Units/Acre

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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