40480 Carrigan Road
Murrieta, CA 92562
4.76 acres | #OC25035343
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 $1,799,000. 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.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre, ThirtyOneToThirtyFiveUnitsAcre, CornerLot, SlopedDown, GentleSloping, IrregularLot, LotOver40000Sqft, ValueInLand, R
- Utility FeaturesCableConnected, ElectricityConnected, Propane, PhoneConnected, SeeRemarks
- Utility SourcePrivate, Well
- Original List Price$3,799,000
- MLS #OC25035343
- MLS #OC25035343
- CountyRiverside
- Property TypePurchase
- Property SubtypeMixedUse
- Cost3799000
- Acres4.7641
- Year Built1979
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Ed Farnaghi (#OCFARNAED)
Listing Office: Coldwell Banker Realty (#D079)
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