43020 Black Deer Loop, Temecula, CA 92590

$1,395,000

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List Price
$1,395,000
Status
ACTIVE
MLS#
HD26230476
Year Built
1987
Lot Size
21,344
Acres
0.49
Lot Location
Corner Lot, Lawn, Landscaped, Level
Days on Market
2
Property Type
Commercial
Property Sub Type
Office

Property Description

Excellent investment opportunity in Temecula! This attractive two-story, multi-tenant professional office building offers approximately 7,894 square feet divided into 12 individual office suites on an approximately 0.49-acre parcel. Featuring distinctive Spanish-style architecture, a tile roof, and a beautifully landscaped central courtyard, the property provides an inviting professional setting for a diverse mix of office and service-oriented businesses. The building features private exterior suite entrances, covered second-floor walkways, multiple stairways, individual suite HVAC units, and convenient on-site parking. The thoughtfully designed courtyard includes mature landscaping, brick-accented walkways, and outdoor seating areas, creating an appealing environment for tenants and visitors. Currently approximately 92% occupied, with 11 of 12 suites leased, the property provides an established income stream with additional upside through the lease-up of the remaining vacant suite. The current ownership has emphasized tenant retention and maintained competitive rental rates, presenting an opportunity for an investor seeking to enhance future income and long-term property value. Conveniently situated within Temecula's established commercial and business district, the property offers access to surrounding employment centers, commercial services, and major transportation corridors. An excellent opportunity to acquire a manageable, income-producing commercial asset with diversified tenancy and meaningful value-add potential. Offered subject to existing leases and tenancy arrangements. Buyer to verify all property information, square footage, income, expenses, and lease terms.

Additional Information

Taxes
$16,476
Heat
Combination
Cooling
Yes
Cooling Description
Electric, Wall/Window Unit(s)
Exterior Construction
Frame, Stucco
Roof
Tile
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$121,952
Operating Expense
60274

Listing courtesy of Listing Agent: Michael Knight (mcknightrealtor@gmail.com) from Listing Office: Century 21 Masters.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.