Residential Development Opportunity. 10.26 Acres with approximately 5 acres of developable land. Tenant occupied income-producing property, currently Residential Development Opportunity on 10.26 acres in the path of growth. Tenant occupied income-producing property, currently rented under-market generating $3,500 per month. Easy access to the I-215 freeway with great freeway visibility. Terrific views of the valley. Located across the street from a recently approved multi-family project and approved hotels and Orchards at Stone Creek, Super Target, Starbucks, Subway, and Tractor Supply Company including others with the new Costo just across the freeway. It currently has two rental units totaling 5 bedrooms, and 3 baths with a finished office in the detached garage.
Sold for $1,112,500
Listed by: eXp Realty of California, Inc. • Kris McGee • Contact: 888-832-7179
Bought with: eXp Realty of California, Inc.
$1,112,500
27740 Linnel Ln, Murrieta, CA 92562
10beds
4baths
3,296sqft
Multi Family
Built in 1988
-- sqft lot
$1,140,700 Zestimate®
$338/sqft
$3,165 Estimated rent
Home value
$1,140,700
$1.04M - $1.27M
$3,165/mo
Zestimate® history
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Finished officeDetached garageSuper target
Zillow last checked:
Listing updated:
Listed by:
Kris McGee DRE #01996570 970-846-2105,
eXp Realty of California, Inc.,
Jason Graham DRE #01766858 951-894-3199,
eXp Realty of California, Inc.
Bought with:
Kris McGee, DRE #01996570
eXp Realty of California, Inc.
Jason Graham, DRE #01766858
eXp Realty of California, Inc.
Source: CRMLS,MLS#: SW23011218
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,296
- Total interior livable area: 3,296 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Pool features: None
- Has view: Yes
- View description: Hills
Lot
- Size: 10.26 Acres
- Features: 6-10 Units/Acre, Irregular Lot
Details
- Parcel number: 392250005
- Zoning: SF-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Valley
Location
- Region: Murrieta
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $1,134,750
- Annual tax amount: $12,695
- Date on market: 1/21/2023
- Cumulative days on market: 398 days
- Listing terms: Submit
- Total actual rent: 3000
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2023 | Sold | $1,112,500-38.2%$338/sqft |
Source:  CRMLS #SW23011218 Report a problem | ||
| 8/16/2023 | Pending sale | $1,799,000$546/sqft |
Source: CRMLS #SW23011218 Report a problem | ||
| 1/21/2023 | Listed for sale | $1,799,000-7.7%$546/sqft |
Source: CRMLS #SW23011218 Report a problem | ||
| 8/12/2019 | Listing removed | $1,950,000$592/sqft |
Source: California Regional MLS #SW17250607 Report a problem | ||
| 12/24/2018 | Listed for sale | $1,950,000$592/sqft |
Source: Truax Group, Inc. #SW17250607 Report a problem | ||
| 12/24/2018 | Listing removed | $3,900$1/sqft |
Source: Sand to Sea Properties, Inc #SW18247053 Report a problem | ||
| 11/21/2018 | Price change | $3,900+32.2%$1/sqft |
Source: Sand to Sea Properties, Inc #SW18247053 Report a problem | ||
| 11/21/2018 | Listing removed | $1,950,000$592/sqft |
Source: Truax Group, Inc. #SW17250607 Report a problem | ||
| 11/17/2018 | Listed for sale | $1,950,000$592/sqft |
Source: Truax Group, Inc. #SW17250607 Report a problem | ||
| 10/29/2018 | Price change | $2,950+1.7%$1/sqft |
Source: Sand to Sea Properties, Inc #SW18247053 Report a problem | ||
| 10/12/2018 | Listed for rent | $2,900-17.1%$1/sqft |
Source: Sand to Sea Properties, Inc #SW18247053 Report a problem | ||
| 10/11/2018 | Listing removed | $1,950,000$592/sqft |
Source: Truax Group, Inc. #SW17250607 Report a problem | ||
| 10/5/2018 | Listed for sale | $1,950,000$592/sqft |
Source: Truax Group, Inc. #SW17250607 Report a problem | ||
| 9/2/2017 | Listing removed | $3,500$1/sqft |
Source: HomeSmart, Evergreen Realty #OC17119196 Report a problem | ||
| 7/6/2017 | Price change | $3,500-12.5%$1/sqft |
Source: HomeSmart, Evergreen Realty #OC17119196 Report a problem | ||
| 6/6/2017 | Price change | $4,000-4.8%$1/sqft |
Source: HomeSmart, Evergreen Realty #OC17119196 Report a problem | ||
| 5/30/2017 | Listed for rent | $4,200+20%$1/sqft |
Source: HomeSmart, Evergreen Realty #OC17119196 Report a problem | ||
| 4/23/2017 | Listing removed | $3,500$1/sqft |
Source: San Clemente - HomeSmart Evergreen Realty #OC17077897 Report a problem | ||
| 4/12/2017 | Listed for rent | $3,500+12.9%$1/sqft |
Source: HomeSmart, Evergreen Realty #OC17077897 Report a problem | ||
| 5/3/2014 | Listing removed | $3,100$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 4/5/2014 | Price change | $3,100+3.5%$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 2/25/2014 | Listed for rent | $2,995-17.9%$1/sqft |
Source: Evergreen Realty #OC14030591 Report a problem | ||
| 8/15/2013 | Listing removed | $3,650$1/sqft |
Source: First Team Real Estate #OC13114779 Report a problem | ||
| 8/11/2013 | Price change | $3,650-4.6%$1/sqft |
Source: First Team Real Estate #OC13114779 Report a problem | ||
| 7/26/2013 | Price change | $3,825-0.6%$1/sqft |
Source: First Team Real Estate #OC13114779 Report a problem | ||
| 7/7/2013 | Listed for rent | $3,850$1/sqft |
Source: First Team Real Estate #OC13114779 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,695 -0.1% | $1,134,750 +2% |
| 2024 | $12,708 +247.9% | $1,112,500 +272.5% |
| 2023 | $3,652 +1.9% | $298,692 +2% |
| 2022 | $3,586 +1.9% | $292,836 +2% |
| 2021 | $3,521 -4.5% | $287,095 +1% |
| 2020 | $3,686 -4.1% | $284,152 +2% |
| 2019 | $3,845 +8% | $278,581 +2% |
| 2018 | $3,561 +1.2% | $273,120 +2% |
| 2017 | $3,517 | $267,766 +2% |
| 2016 | $3,517 +2.2% | $262,516 +1.5% |
| 2015 | $3,443 +4.4% | $258,575 +2% |
| 2014 | $3,298 | $253,512 +0.5% |
| 2013 | -- | $252,369 +2% |
| 2012 | -- | $247,421 +2% |
| 2011 | -- | $242,570 +0.8% |
| 2010 | -- | $240,759 -0.2% |
| 2009 | -- | $241,333 +2% |
| 2008 | -- | $236,602 +2% |
| 2007 | -- | $231,964 +2% |
| 2006 | -- | $227,417 +2% |
| 2005 | -- | $222,959 |
Find assessor info on the county website
Neighborhood: 92562
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Nearby schools
GreatSchools rating
- 8/10Antelope Hills Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Shivela Middle SchoolGrades: 6-8Distance: 2.8 mi
- 8/10Murrieta Mesa High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$1,140,700
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Estimated market value
$1,140,700
- California
- Riverside County
- Murrieta
- 92562
- 27740 Linnel Ln
Nearby cities
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