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$1,395,000
Est. payment /mo
0.49 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD26230476
HOA Y/N No
Year Built 1987
Annual Tax Amount $16,476
Tax Year 2025
Lot Size 0.490 Acres
Property Sub-Type Office
Property Description
Excellent investment opportunity in Temecula! This attractive two-story, multi-tenant professional office building offers approximately 7,894 square feet divided into 12 individual office suites on an approximately 0.49-acre parcel. Featuring distinctive Spanish-style architecture, a tile roof, and a beautifully landscaped central courtyard, the property provides an inviting professional setting for a diverse mix of office and service-oriented businesses.
The building features private exterior suite entrances, covered second-floor walkways, multiple stairways, individual suite HVAC units, and convenient on-site parking. The thoughtfully designed courtyard includes mature landscaping, brick-accented walkways, and outdoor seating areas, creating an appealing environment for tenants and visitors.
Currently approximately 92% occupied, with 11 of 12 suites leased, the property provides an established income stream with additional upside through the lease-up of the remaining vacant suite. The current ownership has emphasized tenant retention and maintained competitive rental rates, presenting an opportunity for an investor seeking to enhance future income and long-term property value.
Conveniently situated within Temecula's established commercial and business district, the property offers access to surrounding employment centers, commercial services, and major transportation corridors. An excellent opportunity to acquire a manageable, income-producing commercial asset with diversified tenancy and meaningful value-add potential. Offered subject to existing leases and tenancy arrangements. Buyer to verify all property information, square footage, income, expenses, and lease terms.
The building features private exterior suite entrances, covered second-floor walkways, multiple stairways, individual suite HVAC units, and convenient on-site parking. The thoughtfully designed courtyard includes mature landscaping, brick-accented walkways, and outdoor seating areas, creating an appealing environment for tenants and visitors.
Currently approximately 92% occupied, with 11 of 12 suites leased, the property provides an established income stream with additional upside through the lease-up of the remaining vacant suite. The current ownership has emphasized tenant retention and maintained competitive rental rates, presenting an opportunity for an investor seeking to enhance future income and long-term property value.
Conveniently situated within Temecula's established commercial and business district, the property offers access to surrounding employment centers, commercial services, and major transportation corridors. An excellent opportunity to acquire a manageable, income-producing commercial asset with diversified tenancy and meaningful value-add potential. Offered subject to existing leases and tenancy arrangements. Buyer to verify all property information, square footage, income, expenses, and lease terms.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Combination
Cooling Electric, Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Tile
Present Use Commercial,Investment
Building
Lot Description Corner Lot, Lawn, Landscaped, Level
Story 2
Water Public
Others
Tax ID 921030007
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Listed by Michael Knight Century 21 Masters 7604865860, DRE #01382995
Nearby Locations
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