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Property

Murrieta, CA 92562 40480 Carrigan Road

40480 Carrigan Road Murrieta, CA - Image 140480 Carrigan Road Murrieta, CA - Image 240480 Carrigan Road Murrieta, CA - Image 3
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40480 Carrigan Road Murrieta, CA - Image 440480 Carrigan Road Murrieta, CA - Image 540480 Carrigan Road Murrieta, CA - Image 640480 Carrigan Road Murrieta, CA - Image 7
Presented By: Ed Farnaghi with Coldwell Banker Realty; 949-510-8489
  • MLS# OC25035343
  • 02/24/2025
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  • SQFT • 3,085
  • Year Built • 1979

Home Details

GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new. Subject is MIXED USE and has Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-180-011 for $2,000,000 & 949-180-012 for $1,799,000. Each parcel can be purchased separately or together. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned mixed use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
Presented By: Ed Farnaghi with Coldwell Banker Realty; 949-510-8489

Interior Features for 40480 Carrigan Road

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesElectricDryerHookup, GasDryerHookup, LaundryCloset
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 40480 Carrigan Road

Additional Parcels Description949180011
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Building FeaturesPhoneSystem, TvSystem
Carport Spaces10.0
Carport Y/NYes
CityMurrieta
Construction MaterialsDrywall, MetalSiding
CountyRiverside
Current UseResidential
DirectionsDIRECTIONS: Northbound on freeway 215 exit on Los Alamos Rd, make let, let on Vista Murrieta and Left on Carrigan Rd.
ElectricElectricityOnProperty
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Exchange1031, OwnerMayCarry
Lot Size Square Feet207524.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased1
Occupancy TypeTenant
Open Parking Spaces4.0
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofClay, Composition
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
TopographyRolling
UtilitiesCableConnected, ElectricityConnected, Propane, PhoneConnected, SeeRemarks
Waterfront Y/NNo
Year Built1979
Year Built SourceAssessor
ZoningMixed Use, offic commercia

Exterior for 40480 Carrigan Road

Building Area Total3085.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsSee Plat Map
Lot FeaturesTwoToFiveUnitsAcre, ThirtyOneToThirtyFiveUnitsAcre, CornerLot, SlopedDown, GentleSloping, IrregularLot, LotOver40000Sqft, ValueInLand, RollingSlope
Lot Size Acres4.7641
Lot Size Area207524.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking14.0
Water SourcePrivate, Well

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $3,799,000
MLS#OC25035343
List Date 02/24/2025
Property Type Commercial
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