Listed by Pacific Sotheby's International Realty
$1,800,000
Pujol Apartments
Details
APN 922-062-008
Property Type Multifamily
Sub Type Mid/High Rise
Units 28
Stories 3
Lot Size (SqFt) 20,160
Zoning SP-5 -Oldtown Temecula
Parking Spaces 29 spaces
Multifamily | 28 Units
Marketing description
Steady population growth, accelerated income with a large percentage of population ‘aging-up’ to the rental market. Located at the gateway to Old Town Temecula Residential Stable market conditions and growth projected in the subject’s submarket. Most Pipeline new deliveries expected in 2024 and 2025 and limited new inventory expected in 2026.Positioned for absorption of new inventory from previous years .Benefits from its proximity to Inland Empire and San Diego employment, as well as access to strong tourism, healthcare, and entertainment
Investment highlights
- APN: 922-062-008
- Address: 28717 Pujol St. Temecula, CA 92590
- Lot Size: 20,160 SF
- Property Type: Multi-Family Mid/High Rise
- Number of Units: 26 + 2 ADUs
- Stories: 3
- Zoning: SP-5 -Oldtown Temecula
- Building Frontage Type: Row House (Per SP-5 Page IV-60)
- Uses Permitted : Residential
- Building All Stories: 20,160 SF
- Area: 39,898 SF
- Residential Space Rentable Area: SF (1,025 SF avg unit size)
- Parking Spaces: 29
- Entitled Plans
- Projections to complete: 18 months
- List Price: $1,800,000
- A Mid-level Multi-Family Development in Temecula, CA
- Entitled for 28 units
- Prime Location, corridor to residential community
- Annual Rent near $750,000
- Take advantage of 100% Bonus Depreciation
Listing Contacts
Listed by Pacific Sotheby's International Realty
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