Murrieta, CA 92562,25063 Monroe AVE
Murrieta, CA 92562,25063 Monroe AVE
Murrieta, CA 92562,25063 Monroe AVE
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$1,100,000
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1.14 Acres Lot
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25063 Monroe AVE Murrieta, CA 92562

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26008306

HOA Y/N No

Year Built 1979

Annual Tax Amount $5,424

Lot Size 1.140 Acres

Lot Dimensions Assessor

Property Sub-Type Mixed Use

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

Area 699 - Not Defined

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Outside

Exterior

Fence Chain Link

Utilities Available Electricity Connected, Propane, Sewer Not Available

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description 0-1 Unit/Acre, Back Yard, Lot Over 40000 Sqft, Level, No Landscaping, Paved, Yard, Rolling Slope

Story 1

Water Private, Well

Others

Tax ID 949210019

Acceptable Financing Cash, 1031 Exchange, Submit

Listing Terms Cash, 1031 Exchange, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by Ed Farnaghi Coldwell Banker Realty 951-510-8489

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25063 Monroe AVE

 
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