27740 Linnel Lane, Murrieta, CA 92562

About this commercial property

Residential Development Opportunity on 10.26 acres in the path of growth. Tenant occupied income-producing property, currently rented under-market generating $3,000 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, 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.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$1,112,500

Sold September 2023 · listed $1,799,000, orig. $17,999,000, on market January 2023 · MLS #SW23011219 · Source: CRMLS

Listing Agent: Kris McGee · Listing Office: eXp Realty of California, Inc. · Contact: 970-846-2105 · Bought with: Kris McGee · eXp Realty of California, Inc.

$1,112,500

Sold September 2023 · listed $1,799,000, on market January 2023 · MLS #SW23011218 · Source: CRMLS

Listing Agent: Kris McGee · Listing Office: eXp Realty of California, Inc. · Contact: 970-846-2105 · Bought with: Kris McGee · eXp Realty of California, Inc.

Explore Murrieta