Golf Course Residential Income
For Sale
$399,900
Pending
29201 Camino Alba, Murrieta, CA 92563
Built in 1973 with central air, a full appliance package, and an attached carport.
Property Size2,124 SF
Days on Market123
Property Features for 29201 Camino Alba
General Information
Standard status
Pending
Size
2,124 SF
Property subtype
Manufactured In Park
Amenities
Pool
Billiard Room, Clubhouse, Sauna
Central Air
Central
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Golf Course
Attached, Attached Carport
Building Details
Building Size
2,124 SF
Year Built
1973
Stories
1
Listed By:
Connie Son
(213) 272-3255
Source:
Evrealestate
Added: Jun 15
Changed: Oct 6
Last Checked: Oct 14 at 10:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Connie Son
Investment Insights
Based on property information with market context.
This residential income property at 29201 Camino Alba contains 2,124 square feet and was built in 1973. Interior features include central air, central heating, a dishwasher, disposal, refrigerator, dryer, and washer. The property also includes an attached carport and golf course frontage or setting as identified in the property features.
Access follows Murrieta Hot Springs Road to Via Princesa, Via Playa Del Rey, Via El Brazo, Via Taffia, and Camino Alba. The property is by the Golf Knolls Recreation Center in Murrieta, Riverside County, with a 92563 ZIP code.
Access follows Murrieta Hot Springs Road to Via Princesa, Via Playa Del Rey, Via El Brazo, Via Taffia, and Camino Alba. The property is by the Golf Knolls Recreation Center in Murrieta, Riverside County, with a 92563 ZIP code.
Key Highlights
- 2,124‑square‑foot residential income property
- Built in 1973
- Golf course feature
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,028
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,560
$640.6K
Cap Rate 7%
$457,543
$457.5K
Cap Rate 9%
$355,867
$355.9K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$61.4K $28.92/SF
− Vacancy
−$3.2K −$1.50/SF
EGI
$58.2K $27.42/SF
− OpEx
−$26.2K −$12.34/SF
NOI
$32.0K $15.08/SF
Area
Murrieta, CA
Vacancy
5.20%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,560
Cap Rate 7%
$457,543
Cap Rate 9%
$355,867
Alternative Uses
Best Use
Apartment 5plus
$457.5K
$400.4K – $533.8K
NOI $32,028 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$671.0K
$587.1K – $782.8K
NOI $46,968 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 92563, CA
73,224
Population
24,020
Households
3
Avg Household Size
35
Median Age
33%
College-Educated
93%
High-School Grad
22.6 sq mi
ZIP Area
3,240
Density / Sq Mi
$118,519
Median Household Income
$51,772
Median Earnings
$2,588
Median Rent
$615,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1973 with central air, a full appliance package, and an attached carport.
Where is this residential income property located?
The property is located at 29201 Camino Alba Murrieta, CA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,124‑square‑foot residential income property; Built in 1973; Golf course feature
