40480 Carrigan RD, Murrieta, CA 92562
40480 Carrigan RD, Murrieta, CA 92562
40480 Carrigan RD, Murrieta, CA 92562
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$3,798,000
Est. payment /mo
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4.76 Acres Lot
Active Under Contract

40480 Carrigan RD Murrieta, CA 92562

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Joel Cloud

Joel Cloud

+1(619) 247-6381

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC25035343

HOA Y/N No

Year Built 1979

Lot Size 4.764 Acres

Lot Dimensions Assessor

Property Sub-Type Mixed Use

Property 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 $1,798,000. 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.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning Mixed Use,offic commercia

Interior

Heating Central

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet

Exterior

Carport Spaces 10

Utilities Available Cable Connected, Electricity Connected, Propane, Phone Connected, See Remarks

Roof Type Clay,Composition

Present Use Residential,Single Family

Total Parking Spaces 14

Building

Lot Description 2-5 Units/Acre, 31-35 Units/Acre, Corner Lot, Sloped Down, Gentle Sloping, Irregular Lot, Lot Over 40000 Sqft, Value In Land, Rolling Slope

Story 1

Water Private, Well

Others

Tax ID 949180012

Acceptable Financing Cash, 1031 Exchange, Owner May Carry

Listing Terms Cash, 1031 Exchange, Owner May Carry

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ed Farnaghi Coldwell Banker Realty 949-510-8489, DRE #01004996

NEARBY SCHOOL & BUSINESS

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Joel Cloud

Joel Cloud

Broker Associate | License ID: 01173649

+1(619) 247-6381

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40480 Carrigan RD

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