40480 Carrigan Road, Murrieta, CA 92562

$3,798,000

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List Price
$3,798,000
Price Change
▼ $1,000 1756001358
Status
ACTIVE UNDER CONTRACT
MLS#
OC25035343
Year Built
1979
Lot Size
207,524
Acres
4.76
Lot Location
2-5 Units/Acre, 31-35 Units/Acre, Corner Lot, Sloped Down, Gentle Sloping, Irregular Lot, Lot Over 40000 Sqft, Value In Land, Rolling Slope
Days on Market
519
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new. Subject is MIXED USE and has Temecula Valley city lights and panoramic valley view 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. The sales include two parcels with APN# 949-180-011 for $2,000,000 & 949-180-012 for $1,798,000. Each parcel can be purchased separately or together. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned 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, 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.

Additional Information

Heat
Central
Exterior Construction
Drywall, Metal Siding
Roof
Clay, Composition
Water
Private, Well
Attached Structure
Detached

Listing courtesy of Listing Agent: Ed Farnaghi (farnaghi77@yahoo.com) from Listing Office: Coldwell Banker Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.