40480 Carrigan Road

Murrieta, CA 92562

$3,250,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $1,060 / sqft

1979

calendar_month Built

Property Description

Great development and investor opportunity. A prime location surrounded by ongoing multi family, medical offices and shopping centers Subject has the superior Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway 15 and 215 in Temecula Valley. Also located between the 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 $1,750,000 & 949-180-012 for $1,500,000. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,100. "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", office, church, private school & variety of other uses. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 40480 Carrigan Road
City Murrieta
State CA
Zip 92562
County Riverside
Listing Agent Ed Farnaghi DRE#01004996
Courtesy Of Citiwide Group, Inc.
MLS SW23135622
List Price $3,250,000
Status Active
Type Commercial
Subtype Mixed Use
Structure Size N/A
Lot Size N/A
Year Built 1979
DOM 247

Exterior Information

Maps

Listing information courtesy of: Ed Farnaghi, Citiwide Group, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 31st, 2024 at 7:13 AM 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.