Active

24264 Washington Avenue

Murrieta CA, 92562

$4,199,000


$12.97 per sqft

Active

7.43 Acres

Land

Listed by Federico Marquez with NetWorth Realty 619-944-2869

Great development opportunity in a prime location on 5.34 +/- acres of flat land with TWO separate income generating SFRs with month to month leases (earn money while developing). Situated in the heart of the Murrieta Valley and offering 330 feet of paved street frontage along Washington Ave. with multi-family communities, schools, restaurants, coffee shops and access to freeways close. Located on a high traffic thoroughfare on the same street as historic downtown Murrieta, these parcels are zoned for neighborhood commercial allowing for some housing, retail spaces, medical offices, schools and many other neighborhood opportunities. Adjacent to this parcel, is an approved, to be built, 7-Eleven development with a 8-16 pumps gas station and store on the corner of Washington Ave. and Lemon St. Other neighboring approved, to be built, developments at Washington Ave. and Magnolia St. include a new McDonald's and a car wash and gas station. All utilities and infrastructure already in place for the two SFRs on the premises, and easy to expand upon for development. Two parcels being sold together. APN 906-780-035 includes 4.70 +/- acres at 24264 Washington Ave. and APN 906-780-037 at 24280 Washington Ave. includes .64 +/- acres. Please do not disturb tenants. Buyers to verify all information before COE.

23310187

MLS ID

September 13, 2023

Listed

April 12, 2024

Updated

Map

24264 Washington Avenue
Murrieta CA, 92562

Exterior/Building Features

Lot Size

7.43 Acres


Lot Features

Corners Marked, Rectangular Lot, Flat


Sewer

Other

Other Property Details

Area Name

206 - Murrieta-West


Days on Market

210


Garage

No


Parking Total

0


View

Yes


View Description

Hills, Mountain(s)


County

Riverside


Pool

No


Zoning

RR01


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

2/18/2024

Price Change

$4,199,000

-1%

Listing Contact: 619-944-2869 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/12/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/12/2024 at 7:45 PM UTC

 

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