$1,100,000
25063 Monroe Avenue
Murrieta, CA 92562
—
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.
Property Details
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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
Courtesy of Coldwell Banker Realty



