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$ 1,335,000
$ 1,250,000 6.8%
Est. payment | /mo
$ 1,335,000
$ 1,250,000 6.8%
Est. payment | /mo
Key Details
Sold Price $1,335,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250024595SD
Sold Date 05/30/25
HOA Y/N No
Year Built 1987
Property Description
This well-maintained four-unit multifamily property at 28267 Via Princesa offers a balanced unit mix and strong in-place cash flow, featuring two 3-bedroom/2-bath units and two 2-bedroom/1.5-bath units with long-term tenants in place. Tenants enjoy ample parking with 10 surface spaces and 4 enclosed garages, all upgraded with automatic doors. The building's exterior has been freshly re-stuccoed, and both balconies have been recently replaced, reducing deferred maintenance and enhancing curb appeal. Located in the heart of Murrieta—one of Southern California's fastest-growing cities—this asset is positioned in a high-demand rental corridor within Riverside County. Murrieta is known for its top-rated schools, family-friendly environment, and excellent public services, making it a preferred location for professionals, families, and military personnel. Its proximity to I-15 and I-215 allows quick access to major employment hubs in Temecula, Riverside, San Diego, and Orange County. 28267 Via Princesa presents a compelling opportunity for investors seeking solid income, low maintenance, and future upside in a thriving Inland Empire submarket.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Building/Complex Name Murrieta Hot Springs
Interior
Cooling See Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 913172001
Financing Other
Listed by Miles Slater • Nara Advisors, Inc.
Bought with Erli Gonzalez • Century 21 Affiliated
Bought with Erli Gonzalez • Century 21 Affiliated
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