27740 Linnel Lane, Murrieta, CA 92562

$1,990,000
List Price
$1,990,000
MLS#
SW22135875
Status
ACTIVE
Type
Multifamily

Property Description

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 $3,000 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.

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Courtesy of eXp Realty of California, Inc., Kris McGee.