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Property profile & analytics
OFF-MARKET
Retail space

24741 Washington Ave Murrieta, CA 92562-6253

4,680 SF 0.21 ac lot Built 1927
Trust Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0997919
Property summary
AI-generated overview

This exceptional 24741 Washington Avenue property in Murrieta, CA (92562) presents a compelling investment opportunity. Currently occupied by Murrieta County Market under a lease extending until April 9, 2025, this well-maintained building offers a stable income stream. Classified as Special Purpose, Industrial, and Land, the property boasts a prime location in the heart of Downtown Murrieta. The building itself is in excellent condition, reflecting consistent upkeep. With a total asking price of $2,100,000, this property is ideal for investors seeking a strong return on investment in a thriving California market. The property is zoned for both manufacturing and commercial uses, offering flexibility for future development or continued lease operation. The property's address is 24741 Washington Avenue, situated in Riverside County, California. Detailed financial information and lease specifics are available upon request. This is a rare opportunity to acquire a well-located, income-producing property with significant potential. The property's coordinates are 33.5544574 latitude and -117.215371 longitude. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1927
Construction TILT-UP CONCRETE
Total area 4,680 SF
Lot 0.21 ac (9,147 SF)
Zoning code C1CP
APN 906-152-004
UPID US09-0997919
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Primo Water Refill Big Box & Wholesale Store
  • Murrieta Country Market Grocery & Convenience Store
  • Car Title Loans California Loan Service
  • ATM Atm
  • Clock Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kim,yong & Choon Trust · 6 yrs held
Kim,yong & Choon Trust
since 2020
Last sale
$250,000
7 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
2010
Price N/A
2009
Price N/A
2008
Price N/A
1999
Price N/A
Zoning & alternative use
C1CP · Murrieta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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