About 25189 Monroe Avenue
INCOME-PRODUCING 3.10 ACRES WITH I-15 FREEWAY VISIBILITY! Flat, usable parcel adjacent to the northbound I-15 freeway in Murrieta, offering excellent visibility, convenient access, and strong investment potential. The property currently generates approximately $12,500 per month in gross income from three separate sources: a 4-bedroom, 3-bath home leased at $3,500/month, an on-site advertising billboard generating approximately $6,000/month, and leased vacant land generating an additional $3,000/month. The home was previously utilized as an office, offering additional flexibility. The expansive parcel also provides ample space for potential contractor-related uses, work vehicle storage, or other commercial opportunities. Strategically located in Southern California with quick access to the I-15 freeway and convenient connectivity to Riverside, San Diego, Orange and Los Angeles Counties. A unique opportunity to acquire a highly visible Murrieta property with multiple existing income streams and long-term upside in a growing area.
Features of 25189 Monroe Avenue
| MLS® # | SW23134607 |
|---|---|
| Price | $2,999,999 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,046 |
| Lot Size | 135,036 |
| Year Built | 1986 |
| Type | Residential |
| Sub-Type | Mixed Use |
| Style | Modern, Ranch |
| Status | Active |
| # Of Units | 1 |
Community Information
| Address | 25189 Monroe Avenue |
|---|---|
| Area | SRCAR - Southwest Riverside County |
| City | Murrieta |
| County | Riverside |
| Zip Code | 92562 |
Amenities
| Utilities | Cable Available, Electricity Connected, Propane |
|---|---|
| Parking Spaces | 77 |
| Parking | Direct Access, Driveway, Driveway Level, Garage, Garage Faces Rear, Gravel, On Street, Oversized, RV Access/Parking, RV Gated, Workshop in Garage |
| # of Garages | 2 |
| Garages | Direct Access, Driveway, Driveway Level, Garage, Garage Faces Rear, Gravel, On Street, Oversized, RV Access/Parking, RV Gated, Workshop in Garage |
| View | City Lights |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Tile |
|---|---|
| Interior Features | Bedroom on Main Level, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Main Level Primary, Open Floorplan, Primary Suite, Separate/Formal Dining Room, Walk-In Closet(s), Workshop |
| Appliances | Dishwasher, Disposal, Microwave, Propane Oven, Propane Range, Refrigerator, SixBurnerStove |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Dining Room, Kitchen |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Drywall, Stucco |
|---|---|
| Lot Description | Desert Back, Desert Front, Street Level, TwoToFiveUnitsAcre, Value In Land |
| Roof | Spanish Tile, Tile |
| Construction | Drywall, Stucco |
| Foundation | Slab |
School Information
| District | Murrieta |
|---|
Additional Information
| Date Listed | July 14th, 2023 |
|---|---|
| Days on Market | 1142 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Amerie Mcgee |
|---|---|
| Office | Realty One Group Pacific |