25063 Monroe Avenue, Murrieta, CA 92562
- $1,100,000
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- OC26008306
- Year Built
- 1979
- Lot Size
- 49,658
- Acres
- 1.14
- Lot Location
- 0-1 Unit/Acre, Back Yard, Lot Over 40000 Sqft, Level, No Landscaping, Paved, Yard, Rolling Slope
- Days on Market
- 195
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
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.
/u.realgeeks.media/californiarealtornow/2dd51a9cb5f6-IMG_6118.jpg)
Additional Information
- Taxes
- $5,424
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Cement Siding, Glass, Other
- Roof
- Shingle
- Water
- Private, Well
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Ed Farnaghi (farnaghi77@yahoo.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.