Skip to content
PendingLuxury

$3,798,000

621 days on market

40480 Carrigan Road

Murrieta, CA 92562

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

—

Square feet

1979

Built

Listing narrative

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.

Listing agent (MLS): Ed Farnaghi · Listing brokerage (MLS): Coldwell Banker Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,798,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

4.76 acres

Year

1979

Status

Pending

Days on Market

621

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Coldwell Banker Realty