42045 3rd St Temecula, CA 92590
Old Town Temecula NeighborhoodEstimated payment $7,158/month
About This Lot
The offering consists of one legal parcel totaling approximately 0.27 acres (+/- 11,761 square feet) of land located on 3rd Street, just west of its intersection with Old Town Front Street in the heart of Old Town Temecula. The property sits adjacent to the Old Town Pub and is across the street
from The Warehouse at Creekside and Front Street Plaza. Additionally, it's located in the Old Town Specific Plan (SP-5) within the Downtown Core designated area. This district is intended to provide uses that support pedestrian oriented and mixed-use developments that accommodate a variety of land use focused on service oriented businesses. The height allowance is four stories and residential development between 40-70 DU/AC is also permitted with certain restrictions. The specific plan allows for favorable development standards and parking requirements (if any) are determined by the proposed land use.
Listing Agent
COLDWELL BANKER COMMERCIAL SC Brokerage Phone: 951-442-3763 License #01435174 Listed on: 09/24/2024
Co-Listing Agent
COLDWELL BANKER COMMERCIAL SC Brokerage Phone: 951-442-3763 License #02200504
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,010
Lot Details
- 0.27 Acre Lot
- Value in Land
- Property is zoned Old Town SP
Location
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 922045016
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,010 | $955,159 | $955,159 | -- |
| 2023 | $13,010 | $918,070 | $918,070 | $0 |
| 2022 | $12,259 | $900,069 | $900,069 | $0 |
| 2021 | $12,363 | $882,421 | $882,421 | $0 |
| 2020 | $11,915 | $873,373 | $873,373 | $0 |
| 2019 | $11,732 | $856,249 | $856,249 | $0 |
| 2018 | $11,516 | $839,460 | $839,460 | $0 |
| 2017 | $11,313 | $823,000 | $823,000 | $0 |
| 2016 | $5,914 | $426,404 | $411,176 | $15,228 |
| 2015 | $5,818 | $420,000 | $405,000 | $15,000 |
| 2014 | $4,583 | $330,000 | $320,000 | $10,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Price Changed | $1,150,000 | -10.2% | -- |
| 09/24/2024 09/24/24 | For Sale | $1,280,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $750,000 | First American Title Company | |
| Grant Deed | $420,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fntoc | |
| Grant Deed | $330,000 | Fntoc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,000 | Commercial | |
| Previous Owner | $70,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24198637
APN: 922-045-016
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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