Pujol Apartments

Highlights:

• APN: 922-062-008
• Address: 28717 Pujol St. Temecula, CA 92590
• Lot Size: 20,160 SF
• Property Type: Multi-Family Mid/High Rise
• Number of Units: 26 + 2 ADUs
• Stories: 3
• Zoning: SP-5 -Oldtown Temecula
• Building Frontage Type: Row House (Per SP-5 Page IV-60)
• Uses Permitted : Residential
• Building All Stories: 20,160 SF (1,025 SF avg unit size)
• Area: 39,898 SF
• Topography: Flat, excellent Frontage
• Parking Spaces: 29
• Entitled Plans
• Projections to complete: 18 months
• List Price: $1,800,000

Description:

•26 units + 2 ADU's
•ADA compliant in bedrooms, kitchen, bathrooms, and public areas
•34 DU/AC
•Total 28 Units
•Approved for 50% density bonus, allowing 9 units extra, three of which are designated for low income.

•Back side of the building is podium, not the front facing side
• Perfect for the mid-size, ready to build developers.

• Positive projections for build to lease 8.49% or build to sell 34%
• Decreased risk of time to entitle, environmental, planning, engineer...
• Steady population growth, accelerated income with a large percentage of population ‘aging-up’ to the rental market.
• Located at the gateway to Old Town Temecula Residential
• Limited new inventory expected in 2026.
• Positioned for absorption of new inventory from previous years
• Benefits from its proximity to Inland Empire and San Diego employment, as well as access to strong tourism, health care, and entertainment.

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