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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John Dandoy

John Dandoy

+1(909) 224-1278
$ 1,199,000
Est. payment | /mo

8,276 Sqft Lot

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

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Temecula

MLS Listing ID 250020958SD

HOA Y/N No

Year Built 1988

Lot Size 8,276 Sqft

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

Area Srcar - Southwest Riverside County

Building/Complex Name NA

Zoning R3

Interior

Cooling Central Air

Fireplace No

Exterior

Fence Partial

Pool None

View Y/N No

Roof Type Composition

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 913171006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

California Regional MLS (CRMLS)
Listed by Joseph Silva • CCG RE Investment Services Inc
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 224-1278

jrdandoy@gmail.com

101 N Indian Hill Blvd STE C1-208, Claremont, California, 91711, United States

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28601 Calle Del Lago