Homes for sale - 28601 Calle Del Lago, Murrieta, CA 92563

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Coronado Premier Properties

Real Estate Professional

info@coronadopremierproperties.com +1(619) 930-9228

$ 1,199,000

Est. payment | -/mo

9 Beds

8 Baths

8,276 Sqft Lot

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$ 1,199,000

Est. payment | -/mo

Save Video Tour

9 Beds

8 Baths

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Temecula

MLS Listing ID 250020958

Bedrooms 9

Full Baths 5

Half Baths 3

HOA Y/N No

Year Built 1988

Lot Size 8,276 Sqft

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Riverside

Community Temecula

Area Riv Cty-Murrieta (92563)

Building/Complex Name NA

Zoning R3

Interior

Cooling Central Forced Air

Exterior

Exterior Feature Wood/Stucco

Parking Features Unit1:Assigned Unit2:Assigned Unit3:Assigned Unit4:Assigned

Fence Partial

Roof Type Composition

Building

Story 2

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,795

Listing Terms Cash, Conventional, Exchange

Listed by Joseph D Silva • CCG RE Investment Services Inc

GET MORE INFORMATION

Coronado Premier Properties

Broker Associate | Lic# 01976606

info@coronadopremierproperties.com

+1(619) 930-9228

503-B Grand Caribe Causeway, Coronado, CA, 92118

28601 Calle Del Lago Murrieta, CA 92563

Coronado Premier Properties

Key Details

Location

Interior

Exterior

Building

Others

28601 Calle Del Lago