24264 Washington Ave Murrieta, CA 92562

$--

3 Beds
1 Baths
1,386 Sq.Ft.

Off Market

Map preview of 24264 Washington Ave, Murrieta, CA 92562

Property Overview: 24264 Washington Ave Murrieta, CA has 3 bedrooms, 1 bathrooms, 1,386 living square feet and 204,731 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

24264 Washington Ave is currently an off market home in the city of Murrieta. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Murrieta has a median list price of $725,000. The median price per/sqft for Murrieta is $322. With those numbers in mind, if you are looking to purchase a median priced home in Murrieta, CA and put 20% down you will need to save up $145,000 for the down payment and will need roughly $14,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Murrieta the commission could be as much as $33,850. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 24264 Washington Ave

Last sold on November 18th, 2002

July, 2024
Jul 22, 2024

Date

Canceled

CRMLS: 23310187

$4,199,000

Price
Sep 13, 2023

Date

Active

CRMLS: 23310187

$4,200,000

Price
Listing provided courtesy of CRMLS

Great development opportunity in a prime location on 5.34 +/- acres of flat land with TWO separate income generating SFRs with month to month leases (earn money while developing). Situated in the heart of the Murrieta Valley and offering 330 feet of paved street frontage along Washington Ave. with multi-family communities, schools, restaurants, coffee shops and access to freeways close. Located on a high traffic thoroughfare on the same street as historic downtown Murrieta, these parcels are zoned for neighborhood commercial allowing for some housing, retail spaces, medical offices, schools and many other neighborhood opportunities. Adjacent to this parcel, is an approved, to be built, 7-Eleven development with a 8-16 pumps gas station and store on the corner of Washington Ave. and Lemon St. Other neighboring approved, to be built, developments at Washington Ave. and Magnolia St. include a new McDonald's and a car wash and gas station. All utilities and infrastructure already in place for the two SFRs on the premises, and easy to expand upon for development. Two parcels being sold together. APN 906-780-035 includes 4.70 +/- acres at 24264 Washington Ave. and APN 906-780-037 at 24280 Washington Ave. includes .64 +/- acres. Please do not disturb tenants. Buyers to verify all information before COE.

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May, 2021
May 3, 2021

Date

Active

CRMLS: EV21091291

$3,500,000

Price
May 2, 2021

Date

Coming Soon

CRMLS: EV21091291

$3,500,000

Price
Listing provided courtesy of CRMLS

Prime commercial development opportunity on 5.34 level acres in one of Southern CA’s fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot (construction expected to commence Summer of 2022, and completed Q1-Q2 2023). Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Two residential houses, most likely tear-downs, on property and currently generating rental income. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property.

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May, 2021
May 3, 2021

Date

Active

CRMLS: EV21091286

$3,500,000

Price
May 2, 2021

Date

Coming Soon

CRMLS: EV21091286

$3,500,000

Price
Listing provided courtesy of CRMLS

Prime commercial development opportunity on 5.34 level acres in one of Southern CA’s fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot (construction expected to commence Summer of 2022, and completed Q1-Q2 2023). Two residential houses, most likely tear-downs, on property and currently generating rental income. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property.

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November, 2019
Nov 1, 2019

Date

Expired

CRMLS: SW19073333

$2,900,000

Price
Oct 15, 2019

Date

Price Change

CRMLS: SW19073333

$2,900,000

Price
Aug 28, 2019

Date

Price Change

CRMLS: SW19073333

$3,900,000

Price
Jul 20, 2019

Date

Price Change

CRMLS: SW19073333

$5,498,888

Price
Jun 17, 2019

Date

Price Change

CRMLS: SW19073333

$5,499,999

Price
Apr 2, 2019

Date

Active

CRMLS: SW19073333

$5,999,999

Price
Listing provided courtesy of CRMLS

This is an Amazing investment opportunity in West Murrieta! Several parcels are now being developed with new home communities. Highly rate Murrieta High School nearby, close to freeways, shopping, outdoor activities and much more. Ready to be developed. 2 parcels included in sale with a total of 5.43 acres. Utilities on property.There are structures on property but value is in the land. Will not last!

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November, 2002
Nov 18, 2002

Date

Sold (Public Records)

Public Records

--

Price
May, 1994
May 17, 1994

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 24264 Washington Ave

Assessed Value (2020): $82,157

Year	Land Value	Improved Value	Assessed Value
2020	$39,933	$42,224	$82,157

About 24264 Washington Ave

Detailed summary of property

24264 Washington Ave is a single family home in Murrieta, CA 92562 and is currently off market. This house has 3 bedrooms, 1 bathrooms, roughly 1,386 living square feet, and sits on an approximately 204,731 square foot lot. Homes in Murrieta are selling for a median price of $677,000 and a median price per square foot of $312. Local nearby listings include 13220 Broken Bit Circle, 26255 Bergen Court and 26244 Bergen Court. The average home in Murrieta, CA is selling in 62 days. There are currently 476 homes for sale in the Murrieta real estate market and 402 of them are single family homes while 67 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 24264 Washington Ave Murrieta, CA 92562 contact Ardent Real Estate Group and we will put you in touch with one of our Murrieta agents.

Public Facts for 24264 Washington Ave

Public county record property details

Beds: 3
Baths: 1
Year built: 1937
Sq. Ft.: 1,386
Lot Size: 204,731
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 16
APN: 906-780-035

The source for these homes facts are from public records.

92562 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$779,999

Median List Price/Sq.Ft.

$347

Median Sold Price

$668,000

Median Sold Price/Sq.Ft.

$339

Total Inventory

282

Median Sale to List Price %

101.37%

Avg Days on Market

Loan Type

Conventional (45%), FHA (8.33%), VA (20%), Cash (18.33%), Other (8.33%)

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(714) 706-1823

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