Vista Murrieta 25480 Walsh Center Drive
Murrieta, CA 92562
For Sale
7.47 ac
Sale Price
$10,500,000
Brochure
Video
Property Website
Map
Land For Sale - Available October 2026
Vista Murrieta Apartments | 200-Unit Plan-Ready Development Site
Prime Entitled Site: ±7.47-acre TOD footprint in Murrieta, CA, with drawings for 200 Class A units (expandable to 233 via ADUs).
Attractive Basis: Offered at $52.5k per base unit (~$45k across 233 units) and ~$36/SF of planned gross building area.
Efficient Design: Finalizing approvals for 4 four-story buildings averaging 846 SF (126 1BD, 70 2BD, 4 3BD) with 31.15 units/acre density.
Modern Parking & EV: Features tuck-under garages, carports, 200 EV-ready stalls, and 49 dedicated EV chargers.
High-Income Demographics: Average household income of $140,396 within 3 miles drives strong market-rate rental demand.
Proven Submarket Comps: Proven demand demonstrated by neighboring Class A deliveries, including Montessa Heights and Canopy Apartments.
Unmatched Connectivity: Direct access to I-15 and I-215, connecting to major job hubs across San Diego, LA, and Orange County.
Top Location Amenities: Minutes from Loma Linda Medical Center, top schools, and <1 mile from Target, Trader Joe’s, and Sam’s Club.
Get in touch
Eric Chen
Lic: 01489184
Blake Torgerson
Lic: 01919955
CBRE is 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. Offered at $10,500,000, the land pricing represents an initial basis of $52,500 per unit across the 200 base units, with a compelling downside-protected basis of approximately $45,000 per unit if a buyer exercises the 233-unit ADU strategy (excluding construction and development costs).
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. The city has approximately 6 million square feet of retail space, and family incomes exceed $137,000. Nearby new construction development communities such as Greystar’s 451-home Montessa Heights and Canopy on Los Alamos Road reflect growing investment in Murrieta’s rental market. Residents also have a Sunday farmers market, Murrieta Hot Springs and Temecula Valley’s Wine Country, home to more than 50 wineries, close by.
Vista Murrieta Apartments gives a developer a plan-ready site, a defined path to approval and room to grow the unit count. 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.
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. Offered at $10,500,000, the land pricing represents an initial basis of $52,500 per unit across the 200 base units, with a compelling downside-protected basis of approximately $45,000 per unit if a buyer exercises the 233-unit ADU strategy (excluding construction and development costs).
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. The city has approximately 6 million square feet of retail space, and family incomes exceed $137,000. Nearby new construction development communities such as Greystar’s 451-home Montessa Heights and Canopy on Los Alamos Road reflect growing investment in Murrieta’s rental market. Residents also have a Sunday farmers market, Murrieta Hot Springs and Temecula Valley’s Wine Country, home to more than 50 wineries, close by.
Vista Murrieta Apartments gives a developer a plan-ready site, a defined path to approval and room to grow the unit count. 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.
Murrieta, California, located in Southwest Riverside County within the Inland Empire, boasts a rich history and a dynamic present. Situated along the I-15 and I-215 Freeways, and just north of the neighboring city of Temecula, Murrieta has played a crucial role in the region’s growth. From its origins as part of the Murrieta family’s Rancho Temecula land grant to its transformation into one of the Inland Empire’s largest suburban and medical hubs, Murrieta has witnessed significant growth. The arrival of the California Southern Railroad in 1882 spurred this expansion, connecting the future “Gem of the Valley” to San Diego and the rest of the region and leading to a townsite in 1884.
Today, Murrieta is a thriving city with a strong economy and a vibrant community. It serves as a major gateway to Southwest Riverside County with easy access to the I-15 and I-215 Freeways, linking residents to San Diego, Orange County and Los Angeles. The city is also home to several popular local landmarks, including the historic Murrieta Hot Springs and a downtown that hosts Market Nights, which draw visitors from all over the region.
With more than 110,000 residents, a daytime population of 100,000 and approximately 6 million square feet of retail space, Murrieta’s strong retail and employment base attracts business and leisure visitors each year. The city’s proximity to Temecula Valley Wine Country provides residents with opportunities for recreation, while its rich history is preserved in local landmarks.
Murrieta’s economy is a diverse mix of industries, with a strong emphasis on healthcare, education, and retail. Its strategic focus on becoming the region’s healthcare hub has attracted major providers like Loma Linda University Medical Center-Murrieta and Rancho Springs Medical Center. The city also has a growing manufacturing presence, with companies producing everything from diagnostic products to optical systems and cryogenic equipment. Murrieta boasts a robust healthcare and education base, supported by roughly 10 million square feet of land zoned for innovation and
business parks along the Jefferson-Madison corridor, contributing to its long-term economic vitality.
In terms of housing, Murrieta offers a mix of options, including single-family homes, estate and ranch-style properties, and multifamily apartments. The city is regularly ranked among the best places to live in Southwest Riverside County, with family incomes above $137,000 and affordable home and land prices cited by the city. This appeal, coupled with strong job opportunities in the healthcare and education sectors, attracts a diverse range of renters. You’ll find everyone from students and young families to healthcare professionals and educators calling Murrieta home. New multifamily communities such as Aldea and Vintage Farms suggest that its economy and housing market will continue to thrive.
Murrieta offers a variety of recreational and entertainment options for residents and visitors alike. The city boasts 53 parks and approximately 1,350 acres of trails, open space and parkland, including the 40-acre Los Alamos Hills Sports Park, providing opportunities for sports, picnicking, and community gatherings. Nearby Temecula Valley Wine Country, home to more than 50 wineries, offers tastings and scenic vineyard views just a short drive away. For entertainment, Murrieta hosts a Sunday farmers market at Village Walk Plaza and Market Nights downtown on the first and third Thursdays of each month, while the historic Murrieta Hot Springs remains a popular wellness destination. The city also hosts annual community events and seasonal festivals, fostering a sense of local pride and offering entertainment for all ages. Murrieta offers a selection of local restaurants and shopping centers within approximately 6 million square feet of retail space, ensuring plenty of options for shopping and dining out. The proximity to San Diego, Orange County and the Pacific coast further expands the range of nightlife and cultural entertainment options within a short drive.
Today, Murrieta is a thriving city with a strong economy and a vibrant community. It serves as a major gateway to Southwest Riverside County with easy access to the I-15 and I-215 Freeways, linking residents to San Diego, Orange County and Los Angeles. The city is also home to several popular local landmarks, including the historic Murrieta Hot Springs and a downtown that hosts Market Nights, which draw visitors from all over the region.
With more than 110,000 residents, a daytime population of 100,000 and approximately 6 million square feet of retail space, Murrieta’s strong retail and employment base attracts business and leisure visitors each year. The city’s proximity to Temecula Valley Wine Country provides residents with opportunities for recreation, while its rich history is preserved in local landmarks.
Murrieta’s economy is a diverse mix of industries, with a strong emphasis on healthcare, education, and retail. Its strategic focus on becoming the region’s healthcare hub has attracted major providers like Loma Linda University Medical Center-Murrieta and Rancho Springs Medical Center. The city also has a growing manufacturing presence, with companies producing everything from diagnostic products to optical systems and cryogenic equipment. Murrieta boasts a robust healthcare and education base, supported by roughly 10 million square feet of land zoned for innovation and
business parks along the Jefferson-Madison corridor, contributing to its long-term economic vitality.
In terms of housing, Murrieta offers a mix of options, including single-family homes, estate and ranch-style properties, and multifamily apartments. The city is regularly ranked among the best places to live in Southwest Riverside County, with family incomes above $137,000 and affordable home and land prices cited by the city. This appeal, coupled with strong job opportunities in the healthcare and education sectors, attracts a diverse range of renters. You’ll find everyone from students and young families to healthcare professionals and educators calling Murrieta home. New multifamily communities such as Aldea and Vintage Farms suggest that its economy and housing market will continue to thrive.
Murrieta offers a variety of recreational and entertainment options for residents and visitors alike. The city boasts 53 parks and approximately 1,350 acres of trails, open space and parkland, including the 40-acre Los Alamos Hills Sports Park, providing opportunities for sports, picnicking, and community gatherings. Nearby Temecula Valley Wine Country, home to more than 50 wineries, offers tastings and scenic vineyard views just a short drive away. For entertainment, Murrieta hosts a Sunday farmers market at Village Walk Plaza and Market Nights downtown on the first and third Thursdays of each month, while the historic Murrieta Hot Springs remains a popular wellness destination. The city also hosts annual community events and seasonal festivals, fostering a sense of local pride and offering entertainment for all ages. Murrieta offers a selection of local restaurants and shopping centers within approximately 6 million square feet of retail space, ensuring plenty of options for shopping and dining out. The proximity to San Diego, Orange County and the Pacific coast further expands the range of nightlife and cultural entertainment options within a short drive.
Total Space Available
7.47 ac
Sale Price
$10,500,000
Amenity
Murrieta Hot Springs
Destination
2.1 miles
8 min.
/drive
Place
Costco Wholesale
Retail
4.9 miles
10 min.
/drive
Temecula
City
6 miles
12 min.
/drive
Moreno Valley Mall
Retail
33 miles
35 min.
/drive
Highway
15
1 miles
2 min.
/drive
215
1 miles
2 min.
/drive
Airport
Ontario Internatinal Airport
48.6 miles
50 min.
/drive
San Diego International Airport
70.1 miles
110 min.
/drive
| 3 Miles | |
|---|---|
| Median Household Income | $141,000 |
Get in touch
Eric Chen
Lic: 01489184
Blake Torgerson
Lic: 01919955