INCOME PROPERTY - Flat 3.10-acre parcel adjacent to the northbound I-15 freeway with excellent visibility and access. Centrally located in Murrieta between Orange County, Los Angeles County, and San Diego County, making it an ideal location for development or investment. Property features existing income from a 4 bed / 3 bath home currently leased at $3,500/month, along with an on-site advertising billboard generating approximately $6,000/month. The home was previously used as an office, offering flexible use potential (buyer to verify). Ample space for a contractor yard or storage of work vehicles, with quick freeway access. Strong current cash flow with long-term upside in a rapidly expanding area. Buyer and buyer’s agent to verify all information including zoning, use, and income.
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Zillow last checked:
Listing updated:
Listed by:
Amerie McGeeDRE #020861289512397381,
Realty One Group Pacific
Source: CRMLS,MLS#: SW23134607Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 3
Main level bedrooms: 4
Rooms
Room types: Bedroom, Family Room, Kitchen, Living Room, Primary Bedroom, Other, Workshop, Dining Room
Primary bedroom
Features: Main Level Primary
Primary bedroom
Features: Primary Suite
Bedroom
Features: Bedroom on Main Level
Bathroom
Features: Bathtub, Closet, Full Bath on Main Level, Separate Shower, Tub Shower
Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Open Floorplan, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s), Workshop
Flooring: Tile
Has fireplace: Yes
Fireplace features: Dining Room, Kitchen
Common walls with other units/homes: No Common Walls
Interior area
Total interior livable area: 2,046 sqft
Property
Parking
Total spaces: 77
Parking features: Direct Access, Driveway Level, Driveway, Garage, Gravel, Oversized, Garage Faces Rear, RV Gated, RV Access/Parking, On Street, Workshop in Garage
Attached garage spaces: 2
Uncovered spaces: 75
Accessibility
Accessibility features: No Stairs, Parking, Accessible Doors
Features
Levels: One
Stories: 1
Entry location: Main
Patio & porch: Concrete, Covered
Pool features: None
Spa features: None
Fencing: Chain Link
Has view: Yes
View description: City Lights
Lot
Size: 3.1 Acres
Features: 2-5 Units/Acre, Desert Back, Desert Front, Street Level, Value In Land
Details
Additional structures: Shed(s), Storage, Workshop
Parcel number: 949210020
Special conditions: Standard
Horse amenities: Riding Trail
Construction
Type & style
Home type: SingleFamily
Architectural style: Modern,Ranch
Property subtype: Mixed Use
Materials
Drywall, Stucco
Foundation: Slab
Roof: Spanish Tile,Tile
Condition
Updated/Remodeled
New construction: No
Year built: 1986
Utilities & green energy
Electric: Standard
Sewer: Septic Type Unknown
Water: Well
Utilities for property: Cable Available, Electricity Connected, Propane
Community & HOA
Community
Features: Biking, Dog Park, Golf, Hiking, Horse Trails, Mountainous, Park, Rural, Street Lights, Sidewalks
Security: Smoke Detector(s)
Location
Region: Murrieta
Financial & listing details
Price per square foot: $1,466/sqft
Tax assessed value: $577,499
Annual tax amount: $6,429
Date on market: 7/21/2023
Cumulative days on market: 2083 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,VA Loan
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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