28911 Via La Rueda
About This Property
The outdoor space offers another wonderful bonus-mature fruit trees, including fig, apricot, sour cherry, and grapefruit, adding charm and the enjoyment of homegrown fruit. Spring Knolls offers an inviting, active-adult lifestyle with outstanding community amenities, including a swimming pool and spa, multiple clubhouses, fitness room, BBQ and picnic areas, organized social activities, and a dog park. Conveniently located near shopping, restaurants, and Murrieta Hot Springs, with Temecula Valley wineries, casinos, hiking trails, and recreational opportunities just a short drive away.
LOW HOA FEES, LOW PROPERTY TAXES, NO LAND LEASE, AND THE FREEDOM OF OWNING YOUR OWN LAND! With extensive renovations, desirable community amenities, mature fruit trees, and the exceptional convenience of dual driveways with permanent RV or boat parking, this property offers a combination of features that's difficult to find at this price point. Don't miss this opportunity to enjoy affordable, comfortable, and carefree Southern California living!
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Listed by Allison James Estates & Homes | $409,000 | |
| Listed by Allison James Estates & Homes | |||
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by HomeSmart Realty West | $235,000 | |
| Listed by HomeSmart Realty West | |||
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Calling all investors or buyers who love a remodel opportunity! Back on the Market. Buyers loss is your gain. Offer is subject to cancellation of existing escrow. The big-ticket items that have been addressed are roof in 2011, water heater in 2022. Dates are appx. Buyer should do their own due diligence. This home located in the desirable 55+ Spring Knolls community and offers a solid layout with vintage charm throughout. If you appreciate classic 1970s character, this home is a time capsule with endless potential. Inside, you’ll find an open floor plan filled with natural light, two generously sized bedrooms, including a primary suite, and flexible living spaces that can be used as a formal dining area, office, or additional seating area. Original wood paneling, mirrored closet doors, and retro finishes give the home its authentic style. The bathroom features a vintage soaking tub, large vanity with dual sinks, and abundant storage. The kitchen includes original cabinetry and a classic built-in oven, perfect for those who appreciate retro details or are ready to update to modern finishes. Enjoy additional space in the enclosed California room, ideal for a hobby room, storage, or relaxing retreat. Outside, the low-maintenance gravel yard offers privacy and easy upkeep. A covered patio, handicap accessible ramp, and exterior storage areas add to the home’s functionality. This home is ready for your updates and vision. A great opportunity to customize and create the perfect retirement home in an established, sought-after community.
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017