CA > Murrieta > Temecula
Murrieta, CA 92563,28601 Calle Del Lago
Murrieta, CA 92563,28601 Calle Del Lago
Murrieta, CA 92563,28601 Calle Del Lago
Murrieta, CA 92563,28601 Calle Del Lago
Murrieta, CA 92563,28601 Calle Del Lago
Murrieta, CA 92563,28601 Calle Del Lago
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Jay Lee

Jay Lee

+1(619) 606-0700
$ 1,199,000
Est. payment | /mo

9 Beds

8 Baths

800 SqFt

Save Virtual Tour Video Tour
$ 1,199,000
Est. payment | /mo
Save Virtual Tour Video Tour

9 Beds

8 Baths

800 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $1,498

Subdivision Temecula

MLS Listing ID 250020958

Bedrooms 9

Full Baths 5

Half Baths 3

HOA Y/N No

Year Built 1988

Lot Size 8,276 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Uncover a rare 4-unit multifamily investment opportunity in the rapidly growing Murrieta market. Owned and self-managed for nearly four decades, the property has been well-maintained but remains underutilized, offering significant room for rental growth. This prime value-add asset presents immediate upside potential for investors looking to increase cash flow and long-term appreciation. The property consists of three 2BD/1.5BA units and one 3BD/2BA unit, offering strong rental demand and room for strategic renovations and repositioning. Zoned R-3, the property sits on a spacious 8,276 SF lot with a 1.0 FAR, providing potential for additional development. Investors may have the opportunity to convert the four-car garage into multiple ADUs, further boosting income potential. Additionally, the garages are currently used for tenant storage, creating an immediate income opportunity for a new owner. The projected pro forma cap rate of 6.72% does not include ADU potential, possibly presenting even greater upside for value-focused investors. The property also features seven designated parking spaces with ample street parking, enhancing tenant convenience. Conveniently located near major job hubs, top-rated schools, and the Murrieta Hot Springs Resort, this asset is well-positioned to capitalize on Murrieta's strong rental demand and future appreciation. Inspections are available upon request—don't miss this high-yield investment opportunity!

Location

State CA

County Riverside

Community Temecula

Area Riv Cty-Murrieta (92563)

Building/Complex Name NA

Zoning R3

Interior

Cooling Central Forced Air

Exterior

Exterior Feature Wood/Stucco

Parking Features Unit1:Assigned Unit2:Assigned Unit3:Assigned Unit4:Assigned

Fence Partial

Roof Type Composition

Building

Story 2

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,795

Listing Terms Cash, Conventional, Exchange

Virtual Tour https://www.propertypanorama.com/instaview/snd/250020958

San Diego Regional MLS (SDMLS)
Listed by Joseph D Silva • CCG RE Investment Services Inc
agent-avatar

+1(619) 606-0700

jay@theleehometeam.com

2015 Birch Rd. Ste 1009., Vista, CA, 91915

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