Active

24264 Washington Ave

Murrieta CA, 92562

$4,199,000


$12.97 per sqft

Active

7.43 Acres

Land

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.

23-310187

MLS ID

September 13, 2023

Listed

September 13, 2024

Updated

Map

24264 Washington Ave
Murrieta CA, 92562

Exterior/Building Features

Lot Size

7.43 Acres


Lot Features

Corners Established, Curbs, Lot-Level/Flat, Sidewalks, Street Paved, Utilities Other, Lot Shape-Rectangular


Sewer

Public Hookup Available, In Street

Other Property Details

Area Name

Murrieta-West


Days on Market

279


Garage

No


View

Yes


View Description

Mountains, Hills


County

Riverside


Water Source

Water District, Public


Pool

No


Zoning

RR01

Listed by Federico Marquez with NetWorth Realty
Listing Contact: 619-944-7083 

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Data last updated 9/13/2024

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