39011 Agua VIS, Murrieta, CA 92563
39011 Agua VIS, Murrieta, CA 92563
39011 Agua VIS, Murrieta, CA 92563
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$9,500,000
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26,728 SqFt
Active

39011 Agua VIS Murrieta, CA 92563

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 26,728 sqft

Price per Sqft $355

MLS Listing ID 26993871

HOA Y/N No

Year Built 1986

Lot Size 1.840 Acres

Property Description

39011 & 39051 Agua Vista is a 33-unit multifamily investment opportunity located in Murrieta, California. Built in 1986 and situated on approximately 1.84 acres, the offering provides investors with a rare opportunity to acquire a sizable multifamily asset with spacious floor plans, a predominantly two-bedroom unit mix, and a strong amenity package. The property consists of three structures with 32 apartment units and one studio currently being used for storage. The unit mix includes 24 two-bedroom/one-and-a-half-bath units, four two-bedroom/two-bath units, four one-bedroom/one-bath units, and one studio. The concentration of two-bedroom floor plans provides residents with larger, more functional living spaces. Built in 1986, the asset offers a later construction vintage compared with many multifamily properties of similar size throughout Riverside County. The expansive site provides ample resident parking, including covered carport parking, a swimming pool, and on-site laundry. The property is also separately metered for electricity and gas, helping reduce the owner's responsibility for these utility expenses. Located in Murrieta, immediately north of Temecula, the property benefits from a strong Southwest Riverside County location with access to Interstate 15 and Interstate 215. Murrieta is home to more than 112,500 residents and has a median household income of approximately $114,081.Opportunities to acquire multifamily assets of this size and vintage in the surrounding market are extremely limited. The combination of scale, 1986 construction, a large 1.84-acre site, predominantly two-bedroom unit mix, and limited comparable inventory makes 39011 & 39051 Agua Vista a rare acquisition opportunity in the Murrieta multifamily market.

Location

State CA

County Riverside

Area 208 - Murrieta-East

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Total Parking Spaces 80

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 913191028

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Oscar Diaz Marcus & Millichap #02022902

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39011 Agua VIS

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Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

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