28465 Felix Valdez St - Apartments FOR SALE


Temecula, CA 92590
$5,400,000 USD
310-463-2916
28465 Felix Valdez St, Temecula, CA for Sale
$5,400,000 USD
Apartments - FOR SALE
1/13
null | 5.76% Cap Rate

28465 Felix Valdez St
Temecula, CA 92590


HIGHLIGHTS

  • Rare Opportunity - No Multifamily Assets Have Traded in Temecula Since 2022
  • Well-Maintained 1990's Property; First Time on Market in 28 Years
  • Sizable Units with Generous Floorplans, Master Suites & In-Unit Laundry Hook-ups
  • Beautifully Landscaped with Private Unit Entrances & Patios
  • Ample Parking with 40 Spaces
  • Prime Temecula Location, Walking Distance to "Old Town" Shops & Restaurants

OVERVIEW

Willowbrook Apartments is a meticulously maintained 20-unit apartment asset located at 28465 Felix Valdez Avenue in the heart of Temecula. This property is on the market for the first time in 28 years, offered at a 5.76% cap rate and 10.58 GRM on current rents. Willowbrook presents a rare opportunity to acquire a stabilized asset in this highly desirable rental market. No multifamily assets have traded in Temecula since 2022. Built in 1990 the property sits on a 35,719-square-foot beautifully landscaped lot featuring (16) 2-bedroom/2-bath units and (4) 1-bedroom/1-bath units. All units offer generous floor plans with master bedrooms, in-unit laundry hookups, and private entrances and patios. Residents benefit from ample on-site parking (40 spaces) and convenient access to the I-15, easily connecting them to San Diego, Orange County, and the Inland Empire. Temecula has experienced robust population growth and economic diversification, supported by excellent schools, low crime, and a high quality of life. The area has become increasingly attractive for multifamily investment, with strong rental demand and limited new supply. Willowbrook's prime location, desirable unit mix, and resilient market fundamentals offer investors a compelling opportunity for stable cash flow and long-term appreciation in one of Southern California’s fastest-growing submarkets.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

20

PRICE/UNIT

$270,000

CAP RATE

5.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willowbrook Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

38,085 SF

ZONING

R3

APN/PARCEL ID

922-052-027

ASK ABOUT THIS PROPERTY

Robert SteppStepp Commercial - KWPEMore Info
310-463-2916

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Robert SteppStepp Commercial - KWPEMore Info
310-463-2916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.