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For Sale

$1,100,000

49,658 sqft$22/sqft298 days on market

25063 Monroe Avenue

Murrieta, CA 92562

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

49,658

Square feet

1979

Built

Listing narrative

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.

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

$1,100,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

49,658 sqft

Baths

Baths n/a

Lot Size

1.14 acres

Year

1979

Status

For Sale

Days on Market

298

$ / Sqft

$22

· 8% down, 7% APR, 30yr fixed
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Courtesy of Coldwell Banker Realty