$1,249,000

Estimated payment $7,805/month

Total Views 3,279
8 Beds
8 Baths
3,408 Sq Ft
$366 Price per Sq Ft

Highlights

  • Laundry Room
  • Tile Flooring
  • 4 Car Garage
  • Buchanan Elementary School Rated A-
  • Central Air
  • Fenced

About This Home

Don't miss this investment opportunity across the street from newly renovated MURRIETA HOT SPRINGS RESORT AND SPA in the heart of Murrieta! Immediate upside potential for the right investor! Here's your chance to grab a rarely available 4-unit property in Murrieta! Each 2 bedroom2 bath unit (approx. 852 sq ft each per past appraisal .. each unit is single story, 2 on the ground level, 2 on 2nd floor) has a single car garage and a parking space, separate laundry facility and community side yard. All units are currently rented. Located just off Murrieta Hot Springs Road and less than a mile west of Winchester Road, this property sits in a prime area close to many grocery stores, restaurants, retail centers, parks, and schools. Commuter tenants will appreciate the easy access to the I-215, I-15, and CA-79 all of which offer direct connections to San Diego, Orange, and San Bernardino Counties. Investor/ Buyers are drawn to Murrieta for its balance of affordability and stability with top-rated schools and a family-oriented community—factors that consistently attract tenants.

Listing Agent

Robin McCann

Exit Alliance Realty Brokerage Phone: 949-510-7252 License #01951809 Listed on: 07/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,137

Year Built

  • Built in 1986

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Level Lot

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway Level

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 3,408 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 4476
  • Assessor Parcel Number 913171012
  • $554 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Vista Del Lago Association

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Maintenance Expense $6,014
  • Pest Control $744
  • Trash Expense $2,508
  • Water Sewer Expense $4,200
  • Operating Expense $13,466
  • Gross Income $2,070
  • Net Operating Income $59,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,137

Year Built

Built in 1986

Lot Details

0

HOA Fees

$72 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 312250
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 4200.00
  • Zoning: R3
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 913171012
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1-2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 366.49

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Laundry Features: Common Area, Community, Individual Room
  • Pest Control Expense: 744.00
  • Sewer: Public Sewer
  • Trash Expense: 2508.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 72.00
  • Association Fee Frequency: Monthly
  • Association Name: vista Del Lago
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 852 Square Feet
  • Gross Income: 2070.00
  • Gross Scheduled Income: 72856.00
  • Laundry Income: 2070.00
  • Lot Size Area: 7841.0000 Square Feet
  • Maintenance Expense: 6014.00
  • Net Operating Income: 59390.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13466.00
  • Rent Control: No
  • Total Actual Rent: 5898.82
  • Total Expenses: 13466.00

Tax Info

  • Tax Census Tract: 505.01
  • Tax Lot: 34
  • Tax Tract Number: 4476
  • TaxOtherAnnualAssessmentAmount: 554.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,137 $817,425 $121,053 $696,372
2023 $11,137 $809,256 $107,172 $702,084
2022 $9,500 $785,685 $105,071 $680,614
2021 $8,850 $728,229 $103,011 $625,218
2020 $8,165 $668,100 $98,940 $569,160
2019 $8,015 $655,000 $97,000 $558,000
2018 $8,015 $640,000 $96,000 $544,000
2017 $7,886 $640,000 $96,000 $544,000
2016 $7,009 $560,000 $94,000 $466,000
2015 $6,434 $508,000 $130,000 $378,000
2014 $4,767 $375,000 $85,000 $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $1,249,000 0.0% $366 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $1,249,000 -- $366 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed -- --
Interfamily Deed Transfer -- Title365
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $705,000 Stewart Title Riverside
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- Orange Coast Title Co
Grant Deed $140,000 Stewart Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $282,100 New Conventional
Previous Owner $199,000 Commercial
Previous Owner $145,000 Commercial
Previous Owner $98,000 Commercial
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25142678

California Regional Multiple Listing Service (CRMLS)

APN: 913-171-012