Sold

27740 Linnel Lane

Murrieta CA, 92562

$1,112,500


$2.49 per sqft

Sold

5 Beds

446,926 sqft

Multi-family

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.

SW23011218

MLS ID

January 20, 2023

Listed

February 15, 2024

Updated

Map

27740 Linnel Lane
Murrieta CA, 92562

Interior Features

Bedrooms

5 Beds


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

10.26 Acres

Other Property Details

Days on Market

207


Garage

No


View

No


County

Riverside


Pool

No


Pool Features

None


Zoning

Assessor


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

9/27/2023

Price Change

$1,112,500

-39%

9/27/2023

Sold

$1,112,500

8/16/2023

Pending

Listed by eXp Realty of California, Inc., Kris McGee,
Listing Contact: 970-846-2105 

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