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24890 2nd Avenue, Murrieta, CA 92562

$525K2bd · 2ba · 1,248 sqft
Lot 6,970 sqft•Manufactured On Land•
Active
•4d on market•MLS# SW-26232157

Property Description

Available for FHA/VA/CONVENTIONAL FINANCING! YOU OWN THE LAND! NO HOA OR SPACE RENT! Just two blocks from the heart of Old Town Murrieta, this lovely 2-bedroom, 2-bath manufactured home with a bonus room sits on its own fully fenced, level 6,970 sq. ft. corner lot. Enjoy being close to Old Town's restaurants, shops, Market Nights, parades and community events, all while having plenty of space for your vehicles, RV, boat and other toys! Offering 1,248 sq. ft. of living space, this home features an open kitchen with a brand-new oven, stainless steel double sinks, quartz countertops, a generous sized breakfast bar and plenty of cabinetry. The adjoining living and dining areas create a comfortable, open gathering space. Both bedrooms are nicely sized, with a large walk-in closet in the primary bedroom. A separate bonus room offers flexibility as a home office, den or potential third bedroom. The second full bathroom is conveniently accessible from both the second bedroom and the indoor laundry room. The Roof and Dual-pane vinyl windows were installed approximately three years ago, laminate wood flooring runs through the home, and an LG Dual Inverter ductless mini-split heating and cooling system with three individually controlled indoor units are located in the two bedrooms and main living area. Ceiling fans in both bedrooms and the bonus room add to the comfort of this home. An enclosed patio provides additional usable space. The septic system has also been recently pumped and certified and new lids installed. Outside, two vehicle gates and a separate pedestrian gate provide access to the fully fenced corner property with three separate storage sheds. There's ample room for multiple vehicles and recreational equipment, along with a two covered carports. With Old Town Murrieta just a short distance away, access to Murrieta Valley schools, no HOA, no space rent and plenty of room to park your toys, this property offers a combination of location, usable land and flexibility that's increasingly hard to find!

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Manufactured On Land
Parking Spaces
10
Garage Spaces
0
Heating
Ductless, Zoned, Heat Pump
Cooling
Ductless, Electric, Heat Pump, Zoned
View
Mountain(s)
Flooring
Laminate
City
Murrieta
Zip Code
92562
County
Riverside
Listed byTeam Home Sales, Shelly Hannah

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,654.69
Principal & Interest
Loan Amount
$420,000
Total Interest
$535,687
Total Payment Over 30 Years
$955,687
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 1 active · 4 closed

24890 2nd Avenue, Murrieta, CA 92562

Murrieta · Manufactured On Land

$525K
Affordable Tier
Beds
2
Baths
2
Sqft
1,248
Lot
6,970 sqft
Year
1980
$/Sqft
$421
Pool: No✓
View: mountain✓

Listed 10.6% below the median closed sale of $587,000. Price per sqft ($421) is a 13% premium to closed comps ($372).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $525K· $421/sqft
Total list price
Closed comps
vs closed median $599K
−$74K (−12.4%)
Active comps
vs active median $600K
−$75K (−12.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $417
+$4 (+1.0%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
41435 Sycamore AvenueMurrieta1977221,44033,106$417$600,00021375
Total: 1 · Average2.02.01,44033,106$417$600,000213
Median1,440$600,000

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
41935 Daisy LaneMurrieta198311/24/2025321,1528,712$490,000$500,000$4341.025186
24670 5th StreetMurrieta197807/09/2026321,44026,571$600,000$575,000$3990.961782
25165 Washington AvenueMurrieta197911/20/2024221,65047,480$599,000$599,000$3631.004573
24731 4th StreetMurrieta200306/09/2025322,04014,810$599,900$600,000$2941.005554
Total: 4 · Average2.82.01,570.524,393.25$568,500$568,500$372.5—42
Median1,650$599,000$599,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.