41885 Lemon St , Murrieta, CA 92562
$1,300,000
Est. Payment: $6,541.39/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 28
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Tremendous Investment/Development opportunity for this perfectly situated lot just one block from Old Town Murrieta. This parcel is now zoned for neighborhood commercial development (NC) and is primed for many possibilities. It is located in an area of Murrieta where new multifamily and commercial developments are planned. The lot isa level 1.1 acre lot with 150 feet of street frontage on Lemon Street. It currently has an existing house that was originally built in the 1950s and recently remodeled, and an additional storage building that is attached via a breezeway. All utilities are connected to the property. The planned multi-family developments in the surrounding neighborhood, makes it ideal for creating a local market, Caf, or other creative, multi-use businesses catering to the growing local community of Murrieta. The corner lot just two parcels away on Washington Avenue with similar lot size, and features frontage on two sides, was sold on March of 2025 for $2,060,000. It is slated for imminent future neighborhood commercial development. There might even be a possibility to double the lot size and street frontage with the potential acquisition of the adjacent lot. Please contact me as the adjacent lot is not currently offered for sale.

Highlights

Listed by Mark McDonald , 619-665-4614 Compass , 858-277-3325. San Diego County Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
1.1

County

Riverside

Listing ID

NDP2606602

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:150 by 300
Principal Interest
$6,541
Taxes
$829

Home Price

$1,300,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$260,000
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Monthly Price:
$6,541.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,541.39 $828.75 $0.00 $7,370.14
Yearly $78,496.73 $9,945.00 $0.00 $88,441.73
Total $2,354,902.01 $298,350.00 $0.00 $2,653,252.01

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Murrieta, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-08T10:06:14.000Z

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