28926 Calle Del Lago
Murrieta, CA 92563
3760 sqft | 9 beds | 8 baths | 0.22 acres | #CV25083090
Description
We are proud to exclusively present a multifamily opportunity located at 28926 Calle Del Lago in the City of Murrieta!
28926 Calle Del Lago is a prime Murrieta offering located just off Murrieta Hot Springs Road, less than a mile west of Winchester Road. The property is within walking distance to grocery stores, restaurants, retail centers, parks, and schools. The area also offers convenient access to neighboring San Diego, Orange, and San Bernardino Counties via the I-215, I-15 and CA-79 freeways.
This rare 4-unit multifamily investment opportunity is located within an exclusive HOA community where properties rarely come up for sale. Built in 1980, the property is situated on a ±9,583 square foot lot with a total building size of ±3,760 square feet. The property offers an excellent unit mix including a spacious three-bedroom/two-bathroom unit located above the garages and three two-bedroom/two-bathroom townhome style apartment units. All units feature garage parking, central air conditioning and heating, individual water heaters, ceiling fans, open floorplans, and kitchens that are equipped with gas oven/stoves combination units. The townhome units also include individual private patios and Unit B enjoys direct garage access to its unit. The property also includes 4 additional off-street open parking spaces, an on-site laundry facility with leased machines, and is currently professionally managed by Cannon Management.
28926 Calle Del Lago has historically high occupancy and currently all tenants have a minimum of five years of residency at the property. There remains considerable rental upside potential; comparable two-bedroom/one-bathroom units in the surrounding area generate approximately $2,400 per month and comparable two-bedroom/two-bathroom units generate approximately $2,200 per month.
28926 Calle Del Lago is a prime Murrieta income-producing property and a great long-term investment. The property is in a highly desirable neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Sewer InformationPublicSewer
- Original List Price$1,300,000
- MLS #CV25083090
- Property SubtypeQuadruplex
- MLS #CV25083090
- Structure TypeQuadruplex
- ViewMountains
- CountyRiverside
- Property TypePurchase
- School DistrictMurrieta
- Cost1300000
- Utility SourcePublic
- Acres0.22
- Square Feet3760
- Year Built1980
- Bedrooms9
- Bathrooms8
- Full Baths8
- Stories2
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Eric Chen (#C32772)
Listing Office: CB RICHARD ELLIS (#1177)
Interested in Purchasing 28926 Calle Del Lago?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
