40480 Carrigan Road, Murrieta, CA 92562

$3,250,000

Property Description

Great development and investor opportunity. A prime location surrounded by ongoing multi family, medical offices and shopping centers Subject has the superior Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway 15 and 215 in Temecula Valley. Also located between the 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 $1,750,000 & 949-180-012 for $1,500,000. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,100. "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", office, church, private school & variety of other uses. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.

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Listing courtesy of Listing Agent: Ed Farnaghi (FARNAGHI77@yahoo.com) from Listing Office: Citiwide Group, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.