25189 Monroe Avenue, Murrieta, CA 92562

$2,999,999

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List Price
$2,999,999
Price Change
▼ $1 1775969004
Status
ACTIVE
MLS#
SW23134618
Year Built
1986
Lot Size
135,036
Acres
3.10
Lot Location
2-5 Units/Acre, Desert Back, Desert Front, Street Level, Value In Land
Days on Market
1146
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

INCOME-PRODUCING COMMERCIAL PROPERTY | 3.10 ACRES | PRIME I-15 FREEWAY EXPOSURE Rare opportunity to acquire a flat, usable 3.10 acre parcel directly adjacent to the northbound I-15 freeway in Murrieta, offering outstanding visibility, convenient access, and multiple existing income streams. The property currently generates approximately $12,500 per month in gross income, including a 4-bedroom, 3-bath home leased at $3,500/month, an on-site advertising billboard generating approximately $6,000/month, and leased vacant land generating an additional $3,000/month. The existing home was previously utilized as an office, providing additional flexibility for a future owner. The expansive, usable parcel offers potential for contractor yard use, equipment or work vehicle storage, future development, or other commercial applications, subject to City approval. Strategically located in Southern California with quick access to the I-15 freeway and convenient connectivity to Riverside, San Diego, Orange, and Los Angeles Counties. Ideal for investors, developers, or owner-users seeking immediate cash flow, freeway exposure, and long-term development potential in a growing Southern California market.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Drywall, Stucco
Roof
Spanish Tile, Tile
Water
Well
Attached Structure
Detached
Number Of Units Total
1
Gross Scheduled Income
$114,000
Operating Expense
6300

Listing courtesy of Listing Agent: Amerie McGee (ameriemcgeerealtor@yahoo.com) from Listing Office: Realty One Group Pacific.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.