$1,100,000
Est. payment /mo
1,440 SqFt
New
25063 Monroe Avenue Murrieta, CA 92562
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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
Great development and investor opportunity. A prime location adjacent to northbound 15 freeway, nearby ongoing multi family, medical offices and shopping center projects. Located in the heart of Golden Triangle, between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. There is an existing two manufactured home on the subject, one is approximately 750 sqft 1BR/1BA on permanent foundation and one approximately 800 1BR/IBA and office which is not on permanent foundation and is tenant occupied with a total monthly rent of $1,900. "VALUE IS IN LAND" properties being sold "AS IS". The current designated zoning based on city of Murrieta 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

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