Murrieta, CA 92562,25136 Hancock AVE
Murrieta, CA 92562,25136 Hancock AVE
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$2,600,000

$2,890,000

10.0%
Est.Price: ?

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Est. payment /mo

0.6 Acres Lot


SOLD DATE : 02/24/2022

Key Details

Sold Price $2,600,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID TR21093012

Sold Date 02/24/22

HOA Y/N No

Year Built 2007

Lot Size 0.600 Acres

Property Description

Well maintained 4 units medical & retail mixed use building for sale in Murrieta. Built in 2007. Total rentable 8,220 sf on 26,136 sf land. Units A & D are for lease or owner user (1,500 sf & 1,320 sf). Unit B is leased (4,400 sf), Unit C is on month to month lease (1,000 sf). Ideal for owner user or investment. 20 parking spaces on the subject property plus 22 parking space from the adjacent land owner. Total of 42 parking spaces. See reciprocal parking agreement link. Parking ratio 5:1. Adjacent to 215 & 15 freeways junctions. The City is one of the fastest growing community in Riverside County. The City was listed as one of the second-safest city (over 100,000 in population) in the United States. Proforma Cap rate is estimated at 5.8%, based on fully leased $1.70 NNN per sf.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning C1

Interior

Heating Central, Forced Air

Cooling Central Air, Electric

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available

Roof Type Flat

Building

Lot Description Cul-De-Sac, Paved, Flat

Water Public

Others

Tax ID 948510016

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Peter Loh • RE/MAX Universal Realty
Bought with NONE NONE • None MRML
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