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    24771 Washington Ave Murrieta, CA 92562

    For Sale
    $875,000

    Commercial Sale - Murrieta, CA

    Property size:
    1,982 SF
    Days on Market:
    133
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 24771 Washington Ave

    General Information

    Special listing conditions
    Real Estate Owned
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Real Estate Owned
    Standard status
    Active
    APN
    906153003
    Size
    1,982 SF

    Building Details

    Year built
    1903
    Architectural style
    Other

    Farnam & Associates Real Estate (951) 265-8043 [email protected]

    Listing agent SCOTT FARNAM (844) 432-7626 License #01332087

    Listing date Aug 1, 2025

    MLS# IG24248745 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historical Downtown Murrieta Venue

    Located in historical downtown Murrieta, this property presents a unique opportunity. Constructed in 1903 and renovated to meet modern standards while preserving its original charm, the building offers 1982 square feet of space. The layout includes three rooms upstairs with two balconies, and downstairs features multiple entertaining rooms, a kitchen, a bathroom, and a dining area. The property comprises two separate APNs, totaling a 13,940 square foot lot. A metal storage/shop, approximately 30x50, is located on the premises, and the entire property is fenced. This property is suitable for wedding venues, specialty properties, storefront properties, individual retail properties, and retail properties. Buyers are advised to conduct their own due diligence with the City of Murrieta regarding intended use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.214947
    Latitude
    33.553925

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    FAQs

    What type of property is this?
    Wedding venue - Charming 1903 building, modernized, with versatile entertaining spaces and large lot.
    Where is this wedding venue located?
    The property is located at 24771 Washington Ave Murrieta, CA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Historical Downtown Murrieta location.; - Large 13,940 sq ft lot with 2 separate APNs.; - Rehabbed 1903 home with preserved charm.
    (844) 432-7626
    Request Owner's contact information
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    Murrieta, CA 92562
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24771 Washington Ave Murrieta, CA 92562
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