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Nearly Five-Acre Parcel in Murrieta Planned for Apts.
Lee & Associates completed the sale of a 60-unit, two-story townhome site in Murrieta, CA for $2.7 million. The 4.64-acre parcel is located on the Southeast corner of Washington Avenue and Lemon Street. The final map is recorded.
The site is partially improved with some grading, streets, water, sewer, curbs, and gutters installed more than 10 years ago. The property was in escrow while the buyer processed a new development plan.
Lee & Associates North San Diego County’s Matt Weaver and Al Apuzzo represented both the seller, Western Residential Opportunity Fund, LLC, and the buyer, Murrieta 60 LP.
Connect Bay Area is coming up July 18, 2019 at the Grand Hyatt San Francisco. Get more information, and register to attend on this link.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition




