28926 Calle Del Lago

Murrieta, CA 92563

$ 1,300,000

Price

9

Beds

8

Baths

3,760 Sq. Ft.

$346 / Sq. Ft.

10 Days On Market

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Listing provided by agent Eric Chen BRE# 01489184 at Cb Richard Ellis.

Last Updated: 9 days ago

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.

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Property Type Quadruplex
Lot Size 9,583 sq. ft.
Year Built 1980
MLS # CV25083090
Listing Type Active
Heating Central
Cooling Central Air
Laundry Common Area

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Property Details for: 28926 Calle Del Lago

Interior Features

Bathroom Information
  • 8 full baths
Laundry Information
  • Common Area
Heating & Cooling
  • Central Air
  • Central

Parking / Garage, Multi-Unit Information, Location Details

Exterior Features

Property / Lot Details

Property Features
  • Mountain(s)
Lot Information
  • Lot Size (Sq. Ft) 9,583
Property Information
  • Attached
  • Tax Parcel Number: 913192008

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    Tom Bashe, Broker Associate

    Tom Bashe

    Broker Associate

    951-299-9397 Contact Tom Bashe
    Listing provided by agent Eric Chen BRE# 01489184 at Cb Richard Ellis.

    Last Updated: 9 days ago