24264 Washington Avenue Murrieta, CA $ 4,199,000
24264 Washington Avenue
$ 4,199,000
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24264 Washington Avenue

Murrieta, CA, 92562
$ 4,199,000
Baths0.0

Monthly Estimate*

$ 29,331

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Studio

Lots and Land for sale in Murrieta, CA

for $4,199,000. The lot size is 7.43.

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.

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Lots and Land Active

Price

$ 4,199,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

7.43

Town/City

Murrieta

County/Region

Riverside

MLS | Web ID

0023310187

Features
General
Zoning RR01
View Mountain(s) Hills
Current Use Usable Land Percent
County Riverside
New Construction No
Property Type D
HOA / Comm Assn No
Status Active
City Murrieta
Buyer Agent Compensation 3.00
View Y/N Yes
Senior Community Y/N No
Lot Size Square Feet 323640.0
Street Name Washington
Land Lease Y/N No
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Corners Marked Rectangular Lot
Lot Size Area 323640.0
Lot Dimensions 405x660
Lot Size Acres 7.43
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
Federico Marquez

Listing Agent

Networth Realty

Broker

Affordability Calculator

$29,331
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,331
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2024$4,199,000 -0.02% Price Down
9/14/2023$4,200,000 Listed Price

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24264 Washington Avenue, Murrieta, CA, 92562 is a Lots and Land for sale at $4,199,000 with a lot size of 7.43. 24264 Washington Avenue is a studio with 0.0 baths. The property's zip code is 92562 which is in Murrieta, CA