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  • $664,000

    20390 Lorena Ln, Wildomar, CA 92595

    3beds
    2baths
    1,848sqft
    SingleFamily
    Built in 1997
    0.5 Acres Lot
    $664,000 Zestimate®
    $359/sqft
    $2,998 Estimated rent

    Home value

    $664,000

    $631,000 - $704,000

    $2,998/mo

    Zestimate® history
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    What's special

    20390 LORENA LN. FOR LEASE -Approx 2000 SF HOME: Recently Refurbished, Well Maintained, Spacious Home on Half-Acre Commercial Lot. 200' Mission Trail Frontage in Wildomar! High Visibilty, Easily Accessible Corner. Lots of Parking. A Rare Opportunity to Live and Work at Home. -This is far superior (And a lot more modern, only Approx. 15 years old) to most of the manufactured homes you will find available for rent. Extra large kitchen with island and nook, large family room with wood burning fireplace, dining room, 3 bedrooms, 2 bathrooms, large master bedroom with new solid bamboo floor, large formal living room. (Living room currently converted into an office with very sturdy temporary walls that are removable. Seeking Tenants That Will Take Proper Care of This Property. $1650 MO, Plus Deposit and App. Fee, Gardener Included (No Smoking) 951 675 -8146 We would Offer Lower Rent of $1250 for Residential only use. -ATT: Self employed individuals. No Need to Pay Double Rent! Save a small fortune over time by working from home on a commercial corner! Great for Many Possible Businesses. To name just a few: Accountant, Law Office, Mortgage Broker, Real Estate Professional, Insurance Broker, Medical, Hot Dog Stand, Food Truck, BBQ, Used Car/RV/Boat sales, etc. C1 CP Zone allows a long list of possibilities.-In this area it normally would cost about 1200-2,000 a month for a small storefront with absolutely no extra property. Since you could not possibly live there it effectively doubles your monthly expenses because you also have to pay the same amount again for a house. That level of expense will crush any hopes of building a prosperous business, which is why many people fail. For this reason the Lorena property is an exceptional opportunity and a great value. Click This Link for Pics: NOTE: Over the next few years we have definite plans of making this corner have real curb appeal to enhance its commercial potential. Our plans include a very elaborate landscape, similar to the one we did at 34765 Almond (Near intersection of Grove and Almond in Wildomar), which you might wish to drive by to see. It will differ only in the extended scope and range of plants. We wish to put in at least one of every of palm, cycad, cactus, and succulent species that we have proven to be able to grow successfully in our area. We also plan to replace the chain link fence with decorative iron fencing, paint the outside of the house, etc. NOTE: From mid April to mid June is the only window of opportunity we will have this year to transplant these rare plants without killing them. If you act soon we still have some time this year to do some landscaping to make the exterior look more attractive.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven
    Features
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,848 sqft

    Property

    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 370250027

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • wood frame
    • Roof: Composition
    Condition
    • Year built: 1997

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Wildomar

    Financial & listing details

    • Price per square foot: $359/sqft
    • Tax assessed value: $147,958
    • Annual tax amount: $1,604

    Price history

    DateEventPrice
    7/14/2013Listing removed$1,250-16.7%$1/sqft
    Source: Zillow Rental Network Report a problem
    3/25/2013Listed for rent$1,500$1/sqft
    Source: DTRE/Temecula Homes For Lease Report a problem
    10/5/2010Sold$115,500-35.8%$63/sqft
    Source: Public Record Report a problem
    9/21/2010Price change$179,900+16.1%$97/sqft
    Source: CAPITAL REAL ESTATE & INVESTMENTS #I10035456 Report a problem
    9/9/2010Price change$154,900-13.9%$84/sqft
    Source: CAPITAL REAL ESTATE & INVESTMENTS #I10090033 Report a problem
    8/25/2010Price change$179,900+16.1%$97/sqft
    Source: CAPITAL REAL ESTATE & INVESTMENTS #I10090033 Report a problem
    7/29/2010Price change$154,900-13.9%$84/sqft
    Source: Real Estate Disposition #L0913MQ Report a problem
    6/24/2010Price change$179,900+5.9%$97/sqft
    Source: Superlative, Inc. #I10075364 Report a problem
    6/17/2010Price change$169,900-5.6%$92/sqft
    Source: foreclosure.com Report a problem
    5/8/2010Price change$179,900-5.3%$97/sqft
    Source: foreclosure.com Report a problem
    4/2/2010Price change$189,900-38.5%$103/sqft
    Source: foreclosure.com Report a problem
    3/20/2010Listed for sale--
    Source: foreclosure.com Report a problem
    1/13/2010Sold$309,029-17.6%$167/sqft
    Source: Public Record Report a problem
    6/23/2006Sold$375,000+141.9%$203/sqft
    Source: Public Record Report a problem
    8/20/2004Sold$155,000+47.6%$84/sqft
    Source: Public Record Report a problem
    2/27/2004Sold$105,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,604 +4.6%$147,958 +2%
    2024$1,533 +1.3%$145,058 +2%
    2023$1,514 +1.9%$142,214 +2%
    2022$1,485 +1.9%$139,426 +2%
    2021$1,457 +1%$136,693 +1%
    2020$1,442 +1.6%$135,293 +2%
    2019$1,420 +2.3%$132,641 +2%
    2018$1,388 +1.9%$130,042 +2%
    2017$1,362 $127,493 +2%
    2016$1,362 +4.8%$124,994 +1.5%
    2015$1,299 +3%$123,119 +2%
    2014$1,261 $120,709 +3.2%
    2013-- $117,000 +24.5%
    2012-- $94,000 -18.6%
    2011-- $115,500 +5.8%
    2010-- $109,200 -35%
    2009-- $168,000 -18.4%
    2008-- $206,000 -43.9%
    2007-- $367,200
    Find assessor info on the county website

    Neighborhood: 92595

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $664,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $664,000