
Murrieta, California 92563
Analysis of 35960 Arendt Lane, Murrieta, California 92563 is currently available with a list price of $2,850,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1983, making it 41 years old. The MLS description heavily emphasizes the land's development potential and zoning, treating the existing 1678 sqft home as an incidental structure that 'could be lived in or used for Construction Office ? or Rental ?'. Crucially, there are no interior images provided for the house, which strongly suggests the interior is not a selling point and is likely very dated, in disrepair, or requires substantial rehabilitation. Without any evidence of recent renovations, a home of this age would typically have original or severely outdated systems, fixtures, and finishes, requiring significant investment to meet modern living standards. While not explicitly stated as unlivable (which would be 'tear-down'), the complete lack of interior presentation points to a condition that is far from move-in ready and likely needs extensive work.
Zoned RO2 for 6-10 units per acre on a 1.99-acre lot, explicitly marketed as an investment opportunity for multi-family development.
Prime corner lot with a new traffic signal on the expanded Clinton Keith Road, ensuring high visibility and easy access within a developing area.
Nearly 2 acres (1.99 acres) provides substantial land for a multi-unit project, maximizing development capacity.
The $2.85 million list price represents a significant upfront investment, in addition to future development costs.
Requires navigating potentially lengthy and complex planning department approvals and permits for multi-family construction.
The 1983-built home is older and likely requires demolition or extensive renovation for optimal integration into a new development, adding to project costs.
INVESTMENT OPPORTUNITY !! ATTENTION DEVELOPERS !! MURRIETA near shopping at Costco, Vista Murrieta High School and EZ Access to Hwy 215. 1.99 ACRES in the HEART of current developments of Multi-Family Dwellings! LOCATION, LOCATION, LOCATION! DIRECTLY ON THE CORNER WITH A NEW TRAFFIC SIGNAL ON THE EXPANDED CLINTON KEITH ROAD. ON THE 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 are also available. Currently zoned RO2, for 6-10 Units per acre.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 2.0 | 3.0 | 18% |
| Square foot | 1,678 | 2,503.5 | 8% |
| Lot Size | 86,684 | 6,970 | 99% |
| Price | $2.85M | $700.0K | 99% |
| Price per sq ft | $1.7K | $289 | 99% |
| Built year | 1983 | 2003 | 0% |
| HOA | $0 | $0 | 50% |
| Days on market | 250 | 180 | 83% |
Aug 15, 2025
$2,850,000
Initial Listing