
Murrieta, California 92562
This Income-Generating Residential Asset is listed at $375,000, representing a stable entry into the Murrieta market near its $350,302 Fair Market Value. Boasting a Fair Condition Rating, the property features a private balcony with tree views, a one-car garage, and an indoor laundry room. The gated community offers resort-style amenities including a pool, gym, and racquetball court, all within the top-rated Murrieta Valley High School district. With a tenant already in place, this is a turn-key acquisition perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a future-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41410 Juniper Street 424 Subject | $365,000* List Price | 2 | 2 | 1,159 | $286 | - |
A 24909 Madison 124 Sold | $375,000 | 2 | 2 | 1,159 | $324 | 0.1 mi |
B 24909 Madison Avenue 2013 Sold | $400,000 | 3 | 2 | 1,232 | $325 | 0.0 mi |
C 41410 Juniper Street 121 Sold | $366,000 | 3 | 2 | 1,235 | $296 | 0.0 mi |
D 25218 Crest Haven 3 Sold | $459,000 | 2 | 3 | 1,163 | $395 | 0.6 mi |
E 41410 Juniper Street 2723 Sold | $386,000 | 2 | 2 | 1,159 | $333 | 0.1 mi |
F 41410 Juniper Street 1121 Sold | $395,000 | 2 | 2 | 1,235 | $320 | 0.2 mi |
G 41410 Juniper 412 Active | $394,490 List Price | 2 | 2 | 1,159 | $340 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, which falls into the 'Fair' category (>20y). While the listing mentions stainless appliances and the unit appears functional and move-in ready for a tenant, the interior photos show original builder-grade carpeting and finishes that are dated by modern standards and will likely require minor cosmetic updates soon.
With a tenant already in place, this property offers an ideal 'turn-key' opportunity for investors seeking immediate cash flow and a simplified acquisition process without the need for initial marketing or tenant screening.
The Reserves at Madison Park provides a high-value lifestyle through its gated access and extensive amenities, including a pool, spa, air-conditioned gym, racquetball court, and clubhouse, which supports long-term property demand.
Unlike many condo units, this property includes both a private one-car garage and a reserved parking space, along with an indoor laundry room and exterior utility room, offering exceptional storage and convenience for residents.
The association fee of $449.95 is a significant recurring monthly expense that may impact the net operating income for investors and the overall affordability for price-sensitive buyers.
The presence of an existing tenant may deter owner-occupant buyers who need immediate possession, potentially narrowing the market pool and limiting the property's appeal to those not looking for an investment vehicle.
Price reduction! Calling investors! Tenant in place! Low taxes! Private Murrieta condo located in The Reserves at Madison Park. This unit is located in a very private part of the complex with views of trees from nearly every window. This stylish condo includes 2 bedrooms, 2 full bathrooms, a 1 car garage and 1 reserved parking space. The spacious family room offers a glass door leading to your own private balcony, a gas fireplace, and a utility room for additional storage. Well appointed eat-in kitchen is complete with a convenient built-in computer desk, refrigerator, and stainless appliances. Separate indoor laundry room includes washer and dryer, and more storage space. Both bedrooms feature walk-in closets. The Reserves at Madison Park is a gated community with controlled access. HOA amenities include a relaxing pool and spa, an air-conditioned gym and racquetball court, a clubhouse and guest parking. Get that country feeling living right in town.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,159 | 1,411 | 19% |
| Lot Size | 436 | - | 55% |
| Price | $365.0K | $475.0K | 2% |
| Price per sq ft | $315 | $336 | 15% |
| Built year | 2005 | 2005 | 50% |
| HOA | $449.95 | $325 | 89% |
| Days on market | 38 | 135 | 6% |
May 27, 2026
$365,000
$375,000
-3% Price Drop
Initial Listing
Apr 29, 2026
$375,000
Initial Listing
Jul 12, 2021
$330,000
Public Record
Oct 17, 2019
$248,000
Public Record
Mar 14, 2013
$122,000
Public Record
Apr 28, 2005
$265,000
Public Record