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Sold for $1,050,000
  • Listed by: CB RICHARD ELLIS • Eric Chen • Contact: 626-757-5717
    Bought with: CB RICHARD ELLIS
    $1,050,000

    28926 Calle Del Lago, Murrieta, CA 92563

    9beds
    3,760sqft
    Quadruplex
    Built in 1980
    -- sqft lot
    $1,057,200 Zestimate®
    $279/sqft
    $3,230 Estimated rent

    Home value

    $1,057,200

    $951,000 - $1.17M

    $3,230/mo

    Zestimate® history
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    What's special

    Direct garage accessIndividual private patiosOff-street open parking spacesOpen floorplansGarage parkingIndividual water heatersCeiling fans
    We are proud to exclusively present a multifamily opportunity located at 28926 Calle Del Lago in the City of Murrieta! 28926 Calle Del Lago is a prime Murrieta offering located just off Murrieta Hot Springs Road, less than a mile west of Winchester Road. The property is within walking distance to grocery stores, restaurants, retail centers, parks, and schools. The area also offers convenient access to neighboring San Diego, Orange, and San Bernardino Counties via the I-215, I-15 and CA-79 freeways. This rare 4-unit multifamily investment opportunity is located within an exclusive HOA community where properties rarely come up for sale. Built in 1980, the property is situated on a ±9,583 square foot lot with a total building size of ±3,760 square feet. The property offers an excellent unit mix including a spacious three-bedroom/two-bathroom unit located above the garages and three two-bedroom/two-bathroom townhome style apartment units. All units feature garage parking, central air conditioning and heating, individual water heaters, ceiling fans, open floorplans, and kitchens that are equipped with gas oven/stoves combination units. The townhome units also include individual private patios and Unit B enjoys direct garage access to its unit. The property also includes 4 additional off-street open parking spaces, an on-site laundry facility with leased machines, and is currently professionally managed by Cannon Management. 28926 Calle Del Lago has historically high occupancy and currently all tenants have a minimum of five years of residency at the property. There remains considerable rental upside potential; comparable two-bedroom/one-bathroom units in the surrounding area generate approximately $2,400 per month and comparable two-bedroom/two-bathroom units generate approximately $2,200 per month. 28926 Calle Del Lago is a prime Murrieta income-producing property and a great long-term investment. The property is in a highly desirable neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Chen DRE #01489184 626-757-5717,

    CB RICHARD ELLIS

    Bought with:

    Eric Chen, DRE #01489184

    CB RICHARD ELLIS

    Source: CRMLS,MLS#: CV25083090MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    • Full bathrooms: 8
    • Main level bathrooms: 8
    • Main level bedrooms: 9
    Rooms
    • Room types: Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 3,760 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 9,583 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 913192008
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Murrieta

    Financial & listing details

    • Price per square foot: $279/sqft
    • Tax assessed value: $1,077,332
    • Date on market: 4/15/2025
    • Cumulative days on market: 50 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    6/10/2025Sold$1,050,000-19.2%$279/sqft
    Source: CRMLS #CV25083090 Report a problem
    5/16/2025Contingent$1,300,000$346/sqft
    Source: CRMLS #CV25083044 Report a problem
    4/16/2025Listed for sale$1,300,000$346/sqft
    Source: CRMLS #CV25083044 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,077,332 +44.4%
    2025$8,758 +1.8%$746,199 +2%
    2024$8,601 -1.5%$731,692 +2%
    2023$8,733 +1.9%$717,470 +2%
    2022$8,567 +2.5%$703,527 +2.9%
    2021$8,356 +1%$683,526 +1%
    2020$8,276 +1.9%$676,518 +14.1%
    2019$8,123 +12.9%$593,133 +1.8%
    2018$7,193 +1.3%$582,504 +2%
    2017$7,100 $571,103 +15.6%
    2016$7,100 +14.7%$493,850 +1.5%
    2015$6,188 +4.6%$486,449 +2%
    2014$5,916 $476,942 +0.5%
    2013-- $474,793 +2%
    2012-- $465,504 +2%
    2011-- $456,397 +0.8%
    2010-- $452,995 -0.2%
    2009-- $454,070 +2%
    2008-- $445,188 +2.1%
    2007-- $436,173 +2%
    2006-- $427,635 +2%
    2005-- $419,264 +28.5%
    2003-- $326,400 +14.5%
    2002-- $285,000 +23.9%
    2001$2,627 -1.4%$230,000
    2000$2,663 $230,000
    Find assessor info on the county website

    Neighborhood: 92563

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,057,200
    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
    $1,057,200