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Property Description

Uncover a rare 4-unit multifamily investment opportunity in the rapidly growing Murrieta market. Owned and self-managed for nearly four decades, the property has been well-maintained but remains underutilized, offering significant room for rental growth. This prime value-add asset presents immediate upside potential for investors looking to increase cash flow and long-term appreciation. The property consists of three 2BD/1.5BA units and one 3BD/2BA unit, offering strong rental demand and room for strategic renovations and repositioning. Zoned R-3, the property sits on a spacious 8,276 SF lot with a 1.0 FAR, providing potential for additional development. Investors have the opportunity to convert the four-car garage into multiple ADUs, further boosting income potential. Additionally, the garages are currently used for tenant storage, creating an immediate income opportunity for a new owner. The proforma cap rate of 6.72% does not include the ADU potential, presenting even greater upside for value-focused investors. The property also features seven designated parking spaces with ample street parking, enhancing tenant convenience. Conveniently located near major job hubs, top-rated schools, and the Murrieta Hot Springs Resort, this asset is well-positioned to capitalize on Murrieta’s strong rental demand and future appreciation. Inspections and showings are available upon request—don’t miss this high-yield investment opportunity! Contact us today for financials and to schedule a private viewing.

Features
: No
: Central Air
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Additional Information
CCG RE Investment Services Inc
0
SAND-706607
SAND-993322
Joseph
913171006
Two
32

Multi-Family For Sale

28601 Calle Del Lago, Murrieta, California 92563

$1,199,000
Listing ID #250020958SD
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 250020958SD
Price : $1,199,000
Lot Size : 8,276 Sqft
Year Built : 1988
Country : US
State : California
County : Riverside
City : Murrieta
Zipcode : 92563
Subdivision : Temecula
ModificationTimestamp : 2025-03-08 16:47:30
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