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28717 Pujol St - Entitled MultiFamily, 28-units apartment 0.46 Acres of Residential Land Offered at $1,800,000 in Temecula, CA 92590
Investment Highlights
- Steady population growth, accelerated income with a large percentage of population ‘aging-up’ to the rental market.
Executive Summary
Opportunity to build a Multifamily Development in Temecula, CA
Project is on Entitled Land and is near shovel ready. Once a historical homesite, the seller underwent extensive procedure to relocate the historical home and application to rezone and entitle this property. Approved and entitled plans will come with the sale of the property.
Prime corridor to residential communities with upside to fulfill the need for the large "aging-up" rental demographic!
Most pipelines and new deliveries are completed by 2025, so there very limited new construction and housing inventory starting 2026. Thus, a medium size project can quickly be absorbed into the strong demand. Temecula benefits from the proximity to the Inland Empire Logistics and San Diego Biotech employment, as well as to retail, winery tourism, wedding events, healthcare, equestrian, and entertainment.
Project is on Entitled Land and is near shovel ready. Once a historical homesite, the seller underwent extensive procedure to relocate the historical home and application to rezone and entitle this property. Approved and entitled plans will come with the sale of the property.
Prime corridor to residential communities with upside to fulfill the need for the large "aging-up" rental demographic!
Most pipelines and new deliveries are completed by 2025, so there very limited new construction and housing inventory starting 2026. Thus, a medium size project can quickly be absorbed into the strong demand. Temecula benefits from the proximity to the Inland Empire Logistics and San Diego Biotech employment, as well as to retail, winery tourism, wedding events, healthcare, equestrian, and entertainment.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
- Operating and Financials
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 0.46 AC |
| Price Per AC | $3,889,285.02 |
| Price | $1,800,000 |
| Price Per AC | $3,889,285.02 |
| Lot Size | 0.46 AC |
APN: 922-062-008 • Address: 28717 Pujol St. Temecula, CA 92590 • Lot Size: 20,160 SF • Property Type: Multi-Family Mid/High Rise • Number of Units: 26 + 2 ADUs • Stories: 3 • Zoning: SP-5 -Oldtown Temecula • Building Frontage Type: Row House (Per SP
Description
* A Mid-level Multi-Family Development in Temecula, CA * Entitled for 28 units * Prime Location, corridor to residential community * Annual Rent near $750,000 * Take advantage of 100% Bonus Depreciation
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | 922-062-008 | Total Assessment | $610,980 (2025) |
| Land Assessment | $152,745 (2025) | Annual Taxes | ($1) |
| Improvements Assessment | $458,235 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
922-062-008
Land Assessment
$152,745 (2025)
Improvements Assessment
$458,235 (2025)
Total Assessment
$610,980 (2025)
Annual Taxes
($1)
Tax Year
2026
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28717 Pujol St - Entitled MultiFamily, 28-units apartment
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