Properties

Murrieta, CA 92562 40480 Carrigan Road

40480 Carrigan Road Murrieta, CA - Image 140480 Carrigan Road Murrieta, CA - Image 240480 Carrigan Road Murrieta, CA - Image 3
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40480 Carrigan Road Murrieta, CA - Image 440480 Carrigan Road Murrieta, CA - Image 540480 Carrigan Road Murrieta, CA - Image 640480 Carrigan Road Murrieta, CA - Image 7
Presented By: Ed Farnaghi with Coldwell Banker Realty; 949-510-8489
  • MLS# OC25035343
  • 02/24/2025
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  • SQFT • 3,085

Home Details

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 $1,798,000. 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.
Presented By: Ed Farnaghi with Coldwell Banker Realty; 949-510-8489

Interior Features for 40480 Carrigan Road

Other Interior Features

LivingAreaSourceAssessor
Heating Y/NYes
Laundry FeaturesElectric Dryer Hookup, Gas Dryer Hookup, Laundry Closet
Total Stories1

Other Rooms

Entry Level1

General for 40480 Carrigan Road

Additional Parcels Description949180011
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Building FeaturesPhone System, TV System
Carport Spaces10
Carport Y/NYes
CityMurrieta
Construction MaterialsDrywall, Metal Siding
CountyRiverside
Current UseResidential, Single Family
DirectionsDIRECTIONS: Northbound on freeway 215 exit on Los Alamos Rd, make let, let on Vista Murrieta and Left on Carrigan Rd.
ElectricElectricity - On Property
HeatingCentral
Land Lease Y/NNo
Listing TermsCash, Item1031Exchange, Owner May Carry
Lot Size Square Feet207524
Lot Size UnitsSquare Feet
MLS AreaSRCAR - Southwest Riverside County
Number of Units Leased1
Occupancy TypeTenant
Open Parking Spaces4
PostalCityMURRIETA
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofClay, Composition
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
TopographyRolling
UtilitiesCable Connected, Electricity Connected, Propane, Phone Connected, See Remarks
Year Built1979
Year Built SourceAssessor
ZoningMixed Use, offic commercia

Exterior for 40480 Carrigan Road

Building Area Total3085
Lot DimensionsSee Plat Map
Lot FeaturesItem25UnitsAcre, Item3135UnitsAcre, Corner Lot, Sloped Down, Gentle Sloping, Irregular Lot, Lot Over 40000 Sqft, Value In Land, Rolling Slope
Lot Size Acres4.7641
Lot Size Area207524
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Total Parking14
Water SourcePrivate, Well

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,798,000
MLS#OC25035343
List Date 02/24/2025
Property Type Commercial
Phone 888.795.6274
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