40480 CArrigan Road, Murrieta, CA 92562 - Berkshire Hathaway HomeServices California Properties
40480 Carrigan Road Murrieta, CA 92562
$3,799,000 0 beds, 0 baths
0 sqft

Agent Remarks

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 $1,799,000. 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.

Listing Details

Property type: Mixed Use (Commercial)
Status: Active
MLS# OC25035343
List price is $3,799,000
Beds: 0
Baths: 0
Built in 1979
4.76 acres
Lot size: 4.7641
County: Riverside
Zoning: Mixed Use,offic commercia
Construction: Drywall,Metal Siding
Lot description: TwoToFiveUnitsAcre,ThirtyOneToThirtyFiveUnitsAcre,Corner Lot,Sloped Down,Gentle Sloping,Irregular Lot,Lot Over 40000 Sqft,Value In Land,Rolling Slope
Heating description: Central
MLS area: SRCAR - Southwest Riverside County

Last Updated: 3/7/2025

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This listing belongs to the SRCAR - Southwest Riverside County MLS area

Lat/Long: 33.561278, -117.186636.
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Listing Agent: Ed Farnaghi
Lic#: 01234982
Office Name: Mission Viejo

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