24585 Adams Ave

Murrieta, CA 92562

$2,900,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listed By Compass
Listed By Compass
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an aerial view of residential houses with outdoor space
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Description

Exceptional Development Opportunity in the heart of Murrieta! This high-exposure, retail-zoned commercial property is located at the busy intersection of Kalmia & Adams, offering unmatched visibility and convenient access to the I-15 freeway. Surrounded by the new Murrieta Town Center, major shopping centers, schools, Murrieta City Hall, and historic Old Town Murrieta, it sits in the path of rapid growth in one of Southern California’s fastest-expanding cities. The property consists of four parcels...Exceptional Development Opportunity in the heart of Murrieta! This high-exposure, retail-zoned commercial property is located at the busy intersection of Kalmia & Adams, offering unmatched visibility and convenient access to the I-15 freeway. Surrounded by the new Murrieta Town Center, major shopping centers, schools, Murrieta City Hall, and historic Old Town Murrieta, it sits in the path of rapid growth in one of Southern California’s fastest-expanding cities. The property consists of four parcels totaling 3.3 acres in a mixed-use district zoning area: 41785 Kalmia St (APN: 906-070-079) — built in 1973, 2,356 sq. ft., 1.07 acres / 46,609 sq. ft., 3 beds, 3 baths; 24579 Adams Ave (APN: 906-070-013) — built in 1983, 1,472 sq. ft., 1.41 acres / 61,420 sq. ft., 3 beds, 2.5 baths; 41775 Kalmia St (APN: 906-070-078) — 0.40 acres / 17,424 sq. ft.; and 24585 Adams Ave (APN: 906-070-077) — 0.42 acres / 18,295 sq. ft. Zoning allows for an extensive range of uses, including restaurants (with or without drive-thru), hotels, retail shops, service stations, daycare centers, banks, medical facilities, skilled nursing, assisted living, offices, fitness centers, alternative fuel stations, pharmaceutical and medical manufacturing, IT, studios, and conference facilities, offering limitless development potential. Whether for a bustling commercial hub or a vibrant mixed-use project, this is a rare investment opportunity in a prime, high-growth location. Buyer to verify all information; information is deemed reliable but not guaranteed.

Listing Agents

  1. Pardis Shooli

    Pardis Shooli

    Listing Agent

    Compass

    DRE #02048172

    pardis.shooli@compass.com

    P: (949)-560-7183

    CallTextEmail
  2. Kacey Taormina

    Kacey Taormina

    Alternative Listing Agent

    Compass

    DRE #01920673

    CallTextEmail

Property Details for 24585 Adams Avenue

View
City Lights, Courtyard, Mountain(s), Neighborhood, Trees/Woods, Valley
Lot Size Source
Assessor
Assessor Parcel Number
906-070-077
New Construction
No
Pool
No
View
Yes
View
Yes
Association
No
LISTING UPDATED: 08/12/2025 10:42 PM

Property Details for 24585 Adams Avenue

StatusActive
MLS #OC25176230
Days on Market129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeLot/Land
Year Built-
Lot Size3.30 AC
CountyRiverside County
Buyer's Agent Compensation2%

Location

Listing Courtesy of Compass, Pardis Shooli, DRE #02048172; Compass, Kacey Taormina, DRE #01920673
Add your commute

Building Information for 24585 Adams Avenue

Lot Size3.30 AC

Payment Calculator

$14,798 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,330

Property Taxes

$468

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 24585 Adams Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • Tax Census Tract: 506.00
  • CFD/Mello-Roos Fee: $144
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Curbs, Mountainous, Street Lights, Suburban, Urban, Valley
Property / Structure Info
Exterior Features
  • View Description: City Lights, Courtyard, Trees/Woods, Valley
Distance To
  • Distance To Water: yes
Land/Lot Info
  • Additional Parcels Description: 906-070-079,906-070-013,906- 070-078
  • Lot Features: Level
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved, Privately Maintained, Unpaved
  • Road Frontage Type: Access Road, City Street, Country Road, Highway, Private Road
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 24585 Adams Avenue

DateEvent & SourcePriceAppreciation
Aug 13, 2025

Listed (Active)

CLAW #OC25176230MR

$2,900,000—
Aug 13, 2025

Listed (Active)

CRMLS #OC25176230

$2,900,000—
Aug 4, 2025

Listed (Active)

SDMLS #OC25176230

$2,900,000—
Oct 4, 2023

Withdrawn / Cancelled

CRMLS #OC22054109

$2,900,000—
Oct 4, 2023

Withdrawn / Cancelled

CLAW #OC22054109MR

—
Oct 4, 2023

Withdrawn / Cancelled

SDMLS #OC22054109

—
Jun 14, 2022

Price Change

CLAW #OC22054109MR

$2,900,000—
Mar 18, 2022

Listed (Active)

SDMLS #OC22054109

$3,999,000—
Mar 18, 2022

Listed (Active)

CLAW #OC22054109MR

$3,999,000—
Mar 18, 2022

Listed (Active)

CRMLS #OC22054109

$3,999,000—
Oct 4, 2018

Expired

CRMLS #SW18153050

$4,200,000—
Oct 3, 2018

Expired

CLAW #SW18153050MR

—
Oct 3, 2018

Expired

SDMLS #SW18153050

—
Jun 29, 2018

Price Change

CRMLS #SW18153050

$4,200,000—
Jun 26, 2018

Listed (Active)

SDMLS #SW18153050

$2,886,555—
Jun 26, 2018

Listed (Active)

CRMLS #SW18153050

$2,886,555—
Jun 26, 2018

Listed (Active)

CLAW #SW18153050MR

$2,886,555—
DateEvent & SourcePrice
08/13/2025

Listed (Active)

CLAW #OC25176230MR

$2,900,000
08/13/2025

Listed (Active)

CRMLS #OC25176230

$2,900,000
08/04/2025

Listed (Active)

SDMLS #OC25176230

$2,900,000
10/04/2023

Withdrawn / Cancelled

CRMLS #OC22054109

$2,900,000
10/04/2023

Withdrawn / Cancelled

CLAW #OC22054109MR

—
10/04/2023

Withdrawn / Cancelled

SDMLS #OC22054109

—
06/14/2022

Price Change

CLAW #OC22054109MR

$2,900,000
03/18/2022

Listed (Active)

SDMLS #OC22054109

$3,999,000
03/18/2022

Listed (Active)

CLAW #OC22054109MR

$3,999,000
03/18/2022

Listed (Active)

CRMLS #OC22054109

$3,999,000
10/04/2018

Expired

CRMLS #SW18153050

$4,200,000
10/03/2018

Expired

CLAW #SW18153050MR

—
10/03/2018

Expired

SDMLS #SW18153050

—
06/29/2018

Price Change

CRMLS #SW18153050

$4,200,000
06/26/2018

Listed (Active)

SDMLS #SW18153050

$2,886,555
06/26/2018

Listed (Active)

CRMLS #SW18153050

$2,886,555
06/26/2018

Listed (Active)

CLAW #SW18153050MR

$2,886,555

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 24585 Adams Avenue

Taxable ValueLand$496,623Additions$2,997Total$499,620
Tax Record2025$5,620 ($468 / month)
Home Facts
Lot Size18,295 SqFtStyleMiscellaneous CommercialCountyRIVERSIDEAPN906-070-077

Schools near 24585 Adams Avenue

This home is within Murrieta Valley Unified School District.
Rating
School
Type
Grades
Distance
Murrieta Elementary School
Public - K to 5
Thompson Middle School
Public - 6 to 8
Murrieta Valley High School
Public - 9 to 12
Murrieta Options Academy
Public - 9 to 12
Rating
School
Distance
Murrieta Elementary School
PublicK to 5

Thompson Middle School
Public6 to 8

Murrieta Valley High School
Public9 to 12

Murrieta Options Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 24585 Adams Avenue, Murrieta, CA 92562

24585 Adams Avenue is a mixed use property for sale in Murrieta, CA 92562. This property was listed for sale on August 4, 2025 by Compass, it's currently listed at $2,900,000. This listing's school district is Murrieta Valley Unified School District. Nearby schools include Murrieta Elementary School, Thompson Middle School and Murrieta Valley High School. 24585 Adams Avenue is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Pardis Shooli, DRE #02048172; Compass, Kacey Taormina, DRE #01920673

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.