27740 Linnel Lane
Murrieta, California CA92562-4402

Property Description

Property TypeCommercial Sale
Property Sub TypeMulti Family
SqFt 3,296
CountyRiverside
Price/SqFt$5,460.86
StatusActive
Residential Development Opportunity on 10.26 acres in the path of growth. Tenant occupied income-producing property, currently rented under-market generating $3,000 per month. Easy access to the I-215 freeway with great freeway visibility. Terrific views of the valley. Located across the street from a recently approved multi-family project and approved hotels and Orchards at Stone Creek, Super Target, Starbucks, Subway, Tractor Supply Company including others with the new Costo just across the freeway. It currently has two rental units totaling 5 bedrooms, and 3 baths with a finished office in the detached garage.
Listing IDSW23011219
Price$17,999,000

Primary Features

County Riverside
Price/SqFt 5460.86
Property Sub Type Multi Family
Property Type Commercial Sale

Interior

Building Area Units Square Feet
Condo Area Units Square Feet
Laundry Features Inside

External

Lot Size Source Assessor
Minimum Total Area Units Square Feet
Number Of Buildings 2
Water Source Public

Location

Country US
MLS Area Major SRCAR - Southwest Riverside County

Additional

Additional Parcels no
Asset Class Multi-Family
Building Status Existing
Co List Agent State License 01766858
Co List Office State License 01878277
Current Use Comments Residential Development Opportunity. 10.26 Acre...
Land Use Other
List Agent State License 01996570
List Office State License 01878277
Max Total Area Units Square Feet
Number Of Units Total 2
Parcel Number 392250005
Utilities Electricity Connected

Financial

Special Listing Conditions Standard

Zoning Info

Home Valuation

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Listed by: Kris McGee, DRE #01996570 from eXp Realty of California, Inc. 888-832-7179
Data services provided by IDX Broker