41667 Kalmia, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 2 bath

41667 Kalmia, Murrieta, California 92562 home-pic-0
ACTIVE$950,000
41667 Kalmia, Murrieta, California 92562
4Beds
2Baths
1,305Sqft
34,412Lot
Year Built
1978
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$728
HOA
-
Days on market
-
Sold On
-
MLS number
SW25271108
Home ConditionFair
Features
Good View: Hills
Spa
Patio
ViewHills

About this home

We found 4 Cons,5 Pros. Rank: price - $950.0K(50th), sqft - 1305(50th), beds - 4(50th), baths - 2(50th).

An Exceptional Investment Opportunity: This Mixed-Use / Commercial/Residential property presents a rare and highly advantageous opportunity, offering prime major-street frontage and strong daily traffic. Located in one of the safest cities in America, the site provides exclusive, high-visibility building signage ideal for maximizing brand exposure. Set within a rapidly expanding area of the Inland Empire, the property offers immediate access to the I-15 freeway and is positioned directly across from City Hall and the Civic Center. Its proximity to Old Town Murrieta further elevates its desirability. Situated along one of Murrieta’s primary thoroughfares, the property is surrounded by shopping centers, restaurants, the financial district, offices, and hotels, creating a dynamic and high-demand environment. Additional highlights include a 1,305 sq. ft. residence with a potential lease value of $3,000 per month, as well as a large detached garage offering substantial storage capacity, customizable workspace options, and flexible utility for both commercial and personal use. This versatile structure significantly enhances the property’s convenience, functionality, and overall value.

Price History

Date
Event
Price
12/10/25
Listing
$950,000
08/16/21
Sold
$708,000
Condition Rating
Fair

The property was built in 1978, making it 46 years old. While it appears to be maintained, the interior, particularly the kitchen and visible bathroom elements, are significantly outdated. The kitchen features older oak-style cabinets, laminate countertops, a dated brick-patterned backsplash, older black appliances (built-in oven, dishwasher), and worn white tile flooring. Light fixtures are basic and older. The living areas and bedrooms also show dated wood paneling, older carpeting, and ceiling fans. There's no evidence of extensive renovations within the last 15-30 years. The property is functional but requires substantial cosmetic updates and likely some system upgrades to meet current quality standards and appeal, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Versatile Mixed-Use Zoning: The property's mixed-use/commercial/residential zoning offers exceptional flexibility for various business ventures combined with residential income or owner-occupancy.
Strategic High-Traffic Location: Boasts prime major-street frontage, strong daily traffic, high visibility, and immediate access to I-15, positioning it ideally for commercial success.
Established Rental Income Potential: Includes a 1,305 sq. ft. residence with a stated potential lease value of $3,000 per month, providing a reliable income stream.
Functional Detached Garage: A large detached garage offers significant storage, customizable workspace, and flexible utility, enhancing the property's overall value and functionality.
Desirable City & Growth Area: Located in Murrieta, recognized as one of America's safest cities and a rapidly expanding area of the Inland Empire, ensuring strong long-term investment potential.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Property Age: Built in 1978, the property is over 45 years old, which may necessitate ongoing maintenance or updates to meet modern commercial and residential standards.
Compact Residential Unit: The 1,305 sq. ft. residential unit, while offering 4 beds/2 baths, might be considered compact for its bedroom count, potentially limiting its appeal to certain residential tenants or buyers.
Potential for Capital Improvements: To fully optimize the mixed-use potential or update the residential component, a buyer should anticipate potential capital expenditures for renovations or upgrades.

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