41886 Magnolia Street, Murrieta, CA 92562

About this property

"NO WAY', you'll say. SELLER FINANCING on AN AFFORDABLE MULTI-FAMILY ZONED MURRIETA INFILL PARCEL. Low risk investment for you small builders. Located about half a block east of Murrieta Valley High School. Water, power, sewer, telephone, cable, natural gas, internet. There are CONCEPTUAL SITE PLANS for EIGHT UNITS or TEN UNITS. The City of Murrieta Zoning Ordinance also allows DUPLEXES, TRIPLEXES, FOURPLEXES, CONDOS, and SENIOR CITIZEN HOUSING. You can "Taylor-make" a project for yourself. *See the Supplement herewith for the City's Definition of this Multi-family Housing Zone. Please contact Listing Agent with any and all questions, or visit Murrieta City Hall just down the street, and chat with the very nice folks there.

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

Sale history

$380,000

Sold February 2023 · listed $429,000, on market December 2022 · MLS #SW22259921 · Source: CRMLS

Listing Agent: Steve Snow · Listing Office: West Coast Realty Division · Contact: 951-741-3600 · Bought with: Yuying Wang Guram · TXR Homes, Inc.

$245,000

Sold May 2015 · listed $249,000, on market March 2015 · MLS #SW15052413 · Source: CRMLS

Listing Agent: Sonia Petrovski · Listing Office: Rancon Real Estate-Murrieta · Contact: 951-677-1800 · Bought with: John Metcalf · Century 21 Preferred

$150,000

Sold July 2013 · listed $165,000, on market January 2013 · MLS #SW13013872 · Source: CRMLS

Listing Agent: Debra Thomas · Listing Office: Thomas Real Estate · Contact: 951-676-4927 · Bought with: Steve Snow · Socal Real Estate Liquidators

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