$3,000,000
About this home
INCOME PROPERTY - Flat 3.10-acre parcel adjacent to the northbound I-15 freeway with excellent visibility and access. Centrally located in Murrieta between Orange County, Los Angeles County, and San Diego County, making it an ideal location for development or investment. Property features existing income from a 4 bed / 3 bath home currently leased at $3,500/month, along with an on-site advertising billboard generating approximately $6,000/month. The home was previously used as an office, offering flexible use potential (buyer to verify). Ample space for a contractor yard or storage of work vehicles, with quick freeway access. Strong current cash flow with long-term upside in a rapidly expanding area. Buyer and buyer’s agent to verify all information including zoning, use, and income.
Facts & features
- Bedrooms
- 4
- Bathrooms
- 2 full, 1 half
- Living area
- 2,046 sq ft
- Interior features
- Breakfast Bar, Ceiling Fans, Separate Formal Dining Room, Eat In Kitchen, Granite Counters, Open Floorplan, Bedroom On Main Level, Main Level Primary, Primary Suite, Walk In Closets, Workshop
- Appliances
- Six Burner Stove, Dishwasher, Disposal, Microwave, Propane Oven, Propane Range, Refrigerator
- Flooring
- Tile
- Fireplace
- Dining Room, Kitchen
- Heating
- Central
- Cooling
- Central Air
- Laundry
- In Garage
- Levels
- One
- Spa
- None
- Lot size
- 3.1 acres (135,036 sq ft)
- Pool
- None
- View
- City Lights
- Architectural style
- Modern, Ranch
- Year built
- 1986
- Parking
- Direct Access, Driveway Level, Driveway, Garage, Gravel, Oversized, Garage Faces Rear, Rv Gated, Rv Access Parking, On Street, Workshop In Garage
- Parking spaces
- 77
- Area
- SRCAR - Southwest Riverside County
- County
- Riverside
- Community features
- Biking, Dog Park, Golf, Hiking, Horse Trails, Mountainous, Park, Rural, Street Lights, Sidewalks
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 991
- Listed
- 2023-07-14
- Original price
- $1,999,999
- Terms
- Cash, Cash To New Loan, Conventional, Exchange 1031, Va Loan
- Parcel #
- 949210020
- MLS #
- SW23134607
