John 14:6 - Jesus said “I am the way, the truth, and the life. No one comes to the Father except through Me.”
Introducing 2 Acres in Downtown Murrieta, a prime property located at 24975 Adams Ave, Murrieta, CA 92562, within the vibrant Riverside-San Bernardino-Ontario (Inland Empire) Metropolitan Statistical Area, home to a population of 4,667,558. Priced at $1,000,000, this 2.08-acre gem offers an enticing redevelopment opportunity in the growing Downtown Murrieta area.
Constructed in 1979, the property comprises a 1,200 sq. ft. commercial building, a residential unit, a garage, vehicle parking space, and outdoor equipment storage. The location, conveniently situated in Downtown Murrieta, presents a mixed-use opportunity with multi-family zoning. Currently generating $3,600 per month, this property stands as a lucrative investment with redevelopment potential.
Boasting 2.08 acres at an attractive $11 per sq. ft., the property sits adjacent to existing and new multi-family developments, making it an ideal prospect for forward-thinking investors.
The area enjoys a dense population, with a traffic count of 10,000 via Adams Ave. and Ivy St. Additionally, its strategic proximity to major retailers and Highway 15 enhances its appeal.
For those seeking a combination of immediate income and long-term value, This asset is the perfect investment. Seize this opportunity to collect income while obtaining construction permits and explore the potential for a thriving redevelopment in a high-demand location.
