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27740 Linnel Lane Murrieta, CA 92562
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Key Details
Sold Price $1,112,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW23011218
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Residential Development Opportunity. 10.26 Acres with approximately 5 acres of developable land. Tenant occupied income-producing property, currently Residential Development Opportunity on 10.26 acres in the path of growth. Tenant occupied income-producing property, currently rented under-market generating $3,500 per month. Easy access to the I-215 freeway with great freeway visibility. Terrific views of the valley. Located across the street from a recently approved multi-family project and approved hotels and Orchards at Stone Creek, Super Target, Starbucks, Subway, and Tractor Supply Company including others with the new Costo just across the freeway. It currently has two rental units totaling 5 bedrooms, and 3 baths with a finished office in the detached garage.
Location
State CA
County Riverside
Zoning Assessor
Exterior
View Y/N No
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Bought with Kris McGee eXp Realty of California, Inc.