42165 Patton PlMurrieta, CA 92562

Property Details for 42165 Patton Pl

Year built

1987

Lot size

1.11 AC

Property size (Sq ft)

2,531 SF

Property type

Specialty properties

Property subtype

Retirement homes

Description

This exceptional 2,531 sq ft residential care facility in Murrieta, CA, presents a lucrative investment opportunity. Currently licensed for six beds with potential for expansion to nine, the property boasts 100% occupancy and a strong NOI of $31,000, yielding a 2.16% cap rate. Situated on a spacious 1.11-acre lot, this Class B building offers significant room for growth and expansion. Built in 1987 and recently upgraded with a new roof, electrical panel, flooring, and septic tank, the property is fully compliant and operational. Features include four well-appointed bathrooms designed for accessibility, a kitchen with stainless steel appliances and stone countertops, two fireplaces, in-house laundry, and two refrigerators (one commercial). Solar panels powered by Tesla batteries provide energy efficiency. The property's location near the 15 Freeway, Murrieta Hot Springs, Pechanga Casino Resort, and Lake Elsinore Winery offers convenient access to local amenities and attractions. All doorways are sized for easy access, and the mountainous views are visible from most rooms. The seller will provide assistance during the licensing and transfer process for up to one year. The asking price is $1,438,000. This turnkey operation presents a rare blend of comfort, compliance, and opportunity. The property's zoning is RR. The APN is 909080051.

Location Insight

City

Murrieta

County

Riverside

State

California

Latitude

33.5457

Longitude

-117.209

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