24264 Washington Avenue

Murrieta, CA 92562

$4,199,000

Listed Price
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bed Beds

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shower Baths

N/A sqft

straighten $12 / sqft

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 24264 Washington Avenue
City Murrieta
State CA
Zip 92562
County Riverside
Listing Agent Federico Marquez DRE#01357751
Co-Listing Agent La Var Deem DRE#01445036
Courtesy Of NetWorth Realty
MLS 23310187
List Price $4,199,000
Status Active
Type Land
Structure Size N/A
Lot Size 323,640
DOM 279

Exterior Information

Maps

Listing information courtesy of: Federico Marquez, La Var Deem, NetWorth Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 18th, 2024 at 12:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.