For more information on this property, contact BOYD ROBERTS at 9494639152 or boyd@lagunagalleryrealestate.com

27740 Linnel Lane
Murrieta, California CA 92562-4402
Sold For: $1,112,500
Listing ID SW23011219
Status Closed
Sold Date 9/27/2023
Price/SqFt $337.53
SqFt 3,296

Property Description:

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.

Primary Features

County: Riverside
Price Before Reduction: 17999000
Price Reduction Date: 2023-02-24T20:13:27+00:00
Price/SqFt: 337.53
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...
Days On Market: 206
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


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