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.
Property Type
Residential IncomeCounty
RiversideStyle
Residential IncomeAD ID
48890192
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : Composition
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1988
- Roof: Composition
Pool Features
- None
Fencing
- Partial
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.19
- Lot Size Source: Assessor
- Lot Size Square Feet: 8276
-
Listing Information
Listing Price Information
- Original List Price: 1,199,000
- Listing Contract Date: 2025-03-07
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 913171006
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: SRCAR - Southwest Riverside County
- Directions: CrossStreet: Via Princesa
- Zoning: R3
- Source Property Type: Residential Income
- Area: SRCAR - Southwest Riverside County
Building and Construction
- Property Age: 37
- Year Built Source: Vendor Enhanced
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 03/09/2025 @ 18:41
- MLS: 250020958SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 8,276 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Murrieta , in zip code 92563, this Riverside County Home are nearby neighborhoods.