$4,199,000
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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.
Corners Marked, Flat, Rectangular Lot
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 9:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.