tomo logo

$2,000,000

Beds
4
Baths
2.5
sq ft
2,046

25189 Monroe Ave, Murrieta, CA 92562

25189 Monroe Ave

Murrieta, CA 92562

  • 491 days on market
This flat 3.10 acres runs adjacent to the North bound 15 FRWY. The city of Murrieta is centrally located between Orange County, LA county and San Diego county making it an ideal location for development. Murrieta has impressive expansion in the works and this property is right in the path of development. With current cash flow from the 4 bd/ 3 bth house and the advertisement Billboard, this would also be a great land hold investment. There is plenty of room to park work trucks for a construction yard with quick access to the freeway. The home was used for an office previously but is currently rented out for $3,300 per month. Lots of opportunity with this great lot!

Details

Property type

Mixed Use

Est. home value

$1,924,031

Property condition

Updated/Remodeled

Lot size

3.1 acres

Price per sq ft

$978

Year built

1986

Price History

10/17/2024
CRMLS

CRMLS #SW23134607

Price change
$2,000,000
10/17/2024
CRMLS

CRMLS #SW23134607

Listed
$1,999,999
06/06/2024
CRMLS

CRMLS #SW23134607

Pending
$1,999,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Park, Street Lights, Sidewalks

High school district: 

Murrieta

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ismael Silva Jr Revocable Trust

Loan start date

October 2005

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

5.71%

Loan type

Not Provided

Seller

Silva Family Partners California Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 3:10 AM

Listing updated: 10/17/2024 at 12:15 PM

Listed by: Amerie McGee, Realty One Group Pacific Phone #: (760) 496-0760

MLS: CRMLS #SW23134607

CRMLS logo

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