Property Detail

Description

We are pleased to exclusively present Vista Murrieta Apartments, a premier multifamily development opportunity in Southwest Riverside County. Situated at 25420 and 25480 Walsh Center Drive and 40700 Vista Murrieta Road, the ±7.47-acre, three-parcel site sits in one of the Inland Empire’s strongest housing markets and offers an actionable development opportunity currently in site plan review with the City of Murrieta. With conditions of approval actively being finalized alongside entitlement drawings, an incoming developer gains an immediate operational head start on the primary 200 market-rate unit design. Beyond the base program, the layout intentionally integrates designated common storage spaces strategically engineered to allow conversion into 33 additional accessory dwelling units (ADUs) pursuant to California State ADU legislation, effectively expanding total project density to 233 units without redesigning the core footprint. Positioned within the City of Murrieta’s Transit-Oriented Development (TOD) Overlay, the proposed design features 4 four-story, Type V-A residential structures yielding a total gross building area of ±289,646 square feet and a net density of 31.15 units per acre. The initial 200-unit mix averages 846 square feet per residence, featuring a well-balanced distribution of 126 one-bedroom, 70 two-bedroom and 4 three-bedroom floor plans. Residents will benefit from a comprehensive amenity package including a resort-style clubhouse, pool and spa, tot lot, dog park, outdoor dining and barbecue stations, and private rooftop terraces. The site plan incorporates a parking strategy comprising tuck-under garages, carport stalls and dedicated EV-ready spaces equipped with pre-wired receptacles, installed chargers and guest EV charging stations. Murrieta sits along the 15 and 215 Freeways, about 60 miles north of San Diego and 85 miles from Los Angeles, with the Orange County and San Diego coastlines roughly an hour away. The Press-Enterprise ranked it the #1 city to live in Southwest Riverside County, readers of Inland Empire Magazine named it the 2024 Best City in the Inland Empire, and SafeWise placed it among California’s 20 safest cities in 2025. Whether you are an experienced developer, a seasoned investor expanding your portfolio or considering a 1031 Exchange, this property offers exceptional stability and long-term value.