35820 Arendt Lane, Murrieta, California 92563, Murrieta, 92563 - 3 bed, 2 bath
35820 Arendt Lane
Murrieta, California 92563
Property Price
SUMMARY
Analysis of 35820 Arendt Lane, Murrieta, California 92563 is currently available with a list price of $3,175,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 2000, is 24 years old. While the images suggest it is well-maintained and clean, the kitchen features white appliances and dated cabinetry, and the bathrooms have original-era fixtures and finishes. The flooring is a mix of older carpet and tile. The overall aesthetic is functional but clearly outdated, indicating no major renovations since construction. It is move-in ready but would require significant cosmetic updates to meet current styles and standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Development Potential
Prime opportunity for multi-family development, explicitly zoned RO2 for 6-10 units per acre, aligning with current surrounding developments and city planning initiatives.
- Strategic Location
Situated in the 'HEART of current developments' in Murrieta, with high visibility and accessibility due to a new traffic signal on the expanded Clinton Keith Road, and proximity to major amenities like Costco, Vista Murrieta High School, and Hwy 215.
- Substantial Land Size
A generous 2.07-acre lot provides ample space for significant multi-family construction, maximizing the potential unit count under the current zoning.
CONSRISKS & DEFICIENCIES
- High Capital Investment Required
The substantial list price of $3.175 million, combined with the significant costs associated with multi-family development (permits, construction, utilities), necessitates a considerable upfront capital outlay.
- Development Process Complexity & Timeline
While zoned favorably, the actualization of multi-family units will involve extensive planning, navigating city approvals, permitting processes, and potential delays, which can be time-consuming and complex.
- Limited Residential Value of Existing Structure
The existing 2000-built home's primary value is in its interim utility for a developer; for a traditional residential buyer, its age and potential need for updates or eventual demolition for the land's highest and best use may be a drawback.
About 35820 Arendt Lane
INVESTMENT OPPORTUNITY !! ATTENTION DEVELOPERS !! MURRIETA near shopping at Costco, Vista Murrieta High School and EZ Access to Hwy 215. 2.07 ACRES in the HEART of current developments of Multi-Family Dwellings! LOCATION, LOCATION, LOCATION! JUST OFF THE CORNER, WITH A NEW TRAFFIC SIGNAL, ON THE EXPANDED CLINTON KEITH ROAD. 1 LOT North FROM CORNER OF ARENDT LANE X CLINTON KEITH. BETWEEN SIGNALS AT WHITEWOOD AND MENIFEE RD. New Developments all around the area in progress and in Murrieta Planning Dept awaiting approval. Current Developer nearby will be paving the street directly in front of this property. There is a Custom Home on the property that could be lived in or used for Construction Office ? or Rental ? Or ?, while you are in Planning. Don't let this one get away from you!! NEARBY PROPERTIES ALSO AVAILABLE. Currently zoned RO2, for 6-10 Units per ac
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 90,169 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 2.0 | 3.0 | 17% |
| Square foot | 2,586 | 2,563 | 54% |
| Lot Size | 90,169 | 6,970 | 99% |
| Price | $3.17M | $695.0K | 100% |
| Price per sq ft | $1.2K | $287 | 100% |
| Built year | 2000 | 2004 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 204 | 170 | 67% |
Pricing History
Listed for Sale
Aug 15, 2025
$3,175,000
Initial Listing