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    38605 Calistoga Dr, Unit C1 Murrieta, CA 92563-4820
    Property profile & analytics

    38605 Calistoga Dr, Unit C1 Murrieta, CA 92563-4820


    • Office buildings
    • 2,130 SF
    Off-Market
    Last Sale Aug 30, 2024
    $600,000
    Property ID
    US09-2692475
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    5.1%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Quality Family Dental / Dental Office
    • Quality Family Dental & Cosmetic / Dental Office
    • Dr. Mansour Shariati, DDS / Dental Office
    • Weston Smith / Physician
    • Rancho Physical Therapy / Physician

    Property Details for 38605 Calistoga Dr

    Year built
    2007
    Construction
    TILT-UP CONCRETE
    Property size
    2,130 SF
    Zone code
    SP
    Property type
    Office buildings
    APN
    957-351-011
    APU
    957351011

    Description

    This exceptional 2,239 square foot ground-floor office condo in Murrieta, CA, presents a unique investment or owner-user opportunity. Located at 38605 Calistoga Drive, this meticulously maintained suite is situated within a professionally managed office park, offering convenient access to major freeways including the 215, 15, and Highway 79, and proximity to Murrieta Hot Springs Road. The unit features two private entrances, enhancing both privacy and accessibility. Inside, you'll find three private offices, each providing breathtaking views of the nearby bluffs and French Valley Airport. A well-appointed kitchenette, two private restrooms, and two storage closets cater to the needs of a busy professional environment. A spacious meeting/boardroom is perfect for client presentations or internal collaborations, while a welcoming reception area creates a positive first impression. Rear patio access offers a tranquil outdoor space. This property is ideally suited for owner-users seeking SBA financing (with a 10% down payment option) or investors targeting a high-performing asset with projected rental yields of 5.25% to 5.5% cap rate. The 0.05-acre lot provides ample space for this impressive office condo, situated in a pristine multi-tenant building. This is a truly remarkable opportunity not to be missed.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $600,000
      ML approach
      $600,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $510,000
      6.5%
      $470,000
      7%
      $435,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $524,000
      Market price range: $510k - $1.00M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $690,000
      Current use
      AUTO REPAIR, GARAGE
      $920,000
      Change: +34% Conversion: Difficult
      MEDICAL BUILDING
      $855,000
      Change: +24% Conversion: Easy
      RETAIL STORES
      $665,000
      Change: -3% Conversion: Moderate
      WAREHOUSE, STORAGE
      $630,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.128
    Latitude
    33.5606
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,723
    $126,542
    $331,555
    $458,097
    -
    $0.00
    $0.00
    $0.00
    More about this property
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