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24565 Becerra Drive, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath

24565 Becerra Drive, Murrieta, California 92562 home-pic-0
ACTIVE$1,100,000
24565 Becerra Drive, Murrieta, California 92562
3Beds
2Baths
1,700Sqft
41,818Lot
Year Built
1985
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$647
HOA
-
Days on market
-
Sold On
-
MLS number
IG25070873
Home ConditionFair
Features
Good View: Panoramic
Patio
ViewPanoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(50th), sqft - 1700(50th), beds - 3(50th), baths - 2(50th).

Incredible opportunity to acquire property in a prime Commercial Corridor with freeway visibility and frontage on Jefferson Avenue and Village Walk Drive! This Community Commercial (CC) zoned property is just off of the I-15 and is surrounded by a high density community and the main thoroughfares of Murrieta; it is the perfect central and high traffic location. It sits right across from the Village Walk Plaza and blocks away from the new hotel sites and multi-unit residential developments planned for the coming year. In addition, there’s an opportunity to acquire all adjoining lots (separately listed) adjacent to this one at the same time for the first time. The total acreage of all five adjoining lots is 7.09 acres.

Price History

Date
Event
Price
04/01/25
Listing
$1,100,000
Condition Rating
Fair
Built in 1985, this property is aged with a largely outdated interior. The kitchen features original-looking wood cabinets and dated terracotta-style tile flooring. The bathroom has an older vanity, fixtures, and tile, consistent with its age. While functional, the home requires significant cosmetic updates to meet current standards, including flooring, light fixtures, and general decor. There are no apparent major structural issues, but it has not undergone a recent extensive renovation, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Strategic Commercial Location: The property is situated in a prime Commercial Corridor, offering a central and high-traffic location ideal for various commercial ventures.
Exceptional Visibility & Accessibility: Benefits from freeway visibility and direct frontage on major thoroughfares like Jefferson Avenue and Village Walk Drive, ensuring high exposure and easy access.
Favorable Zoning: Zoned Community Commercial (CC), providing flexibility for a wide range of commercial and mixed-use development opportunities.
Surrounding Development & Growth: Located across from Village Walk Plaza and near planned new hotel sites and multi-unit residential developments, indicating strong future demand and area growth.
Large-Scale Expansion Potential: Offers a unique opportunity to acquire up to 7.09 total acres by combining with adjoining, separately listed lots, enabling larger-scale development projects.

Cons

Existing Residential Structure: The presence of a 1985-built residential structure on the commercially zoned lot may require demolition or significant repurposing, adding to initial development costs and complexity.
Multi-Parcel Acquisition Complexity: Achieving the full 7.09-acre potential necessitates acquiring multiple, separately listed adjoining lots, which could involve complex negotiations and additional capital outlay.
Substantial Redevelopment Investment: As a commercial development opportunity, the property will likely require significant additional investment beyond the purchase price for site preparation, infrastructure, and new construction.

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