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Listed by Coldwell Banker Realty
$ 1,100,000
Est. payment /mo
Active
25063 Monroe Avenue Murrieta, CA 92562
1,440 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $763
MLS Listing ID CROC26008306
HOA Y/N No
Year Built 1979
Lot Size 1.140 Acres
Property Sub-Type Mixed Use
Source Datashare California Regional
Property 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 $1,900. "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.
Location
State CA
County Riverside
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
Water Well