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

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

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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Anook Commandeur

Anook Commandeur

Agent | License ID: 02023329

+1(760) 880-6888

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25063 Monroe AVE