$1,280,000

42045 3rd St Temecula, CA 92590

0.3 acres
Land

Property details

About 42045 3rd St

The offering consists of one legal parcel totaling approximately 0.27 acres (+/- 11,761 square feet) of land located on 3rd Street, just west of its intersection with Old Town Front Street in the heart of Old Town Temecula. The property sits adjacent to the Old Town Pub and is across the street from The Warehouse at Creekside and Front Street Plaza. Additionally, it's located in the Old Town Specific Plan (SP-5) within the Downtown Core designated area. This district is intended to provide uses that support pedestrian oriented and mixed-use developments that accommodate a variety of land use focused on service oriented businesses. The height allowance is four stories and residential development between 40-70 DU/AC is also permitted with certain restrictions. The specific plan allows for favorable development standards and parking requirements (if any) are determined by the proposed land use.

Highlights

Home typeOther
StatusActive
Lot size0.27 Acres
MLS #IV24198637

Summary

  • List Price: $1,280,000
  • HOA Amount: $0
  • Annual Tax Amount: $13,009
  • Tax Year: 2024
  • Directions: Frontage on 3rd St just west of its intersection with Old Town Front St
  • Lot Size: 0.27 Acres
  • MLS Number: IV24198637
  • MLS Name: CRMLS
  • Office Name: COLDWELL BANKER COMMERCIAL SC
  • Office Phone: (951) 442-3763
  • Listing Agent: BRANDON SUDWEEKS

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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42045 3rd St, Temecula, CA 92590

$1,280,000

42045 3rd St

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Price information

Property sales

DateEventPrice
Dec 12, 2016
Home Sold
$750,000
Jul 10, 2014
Home Sold
$420,000
Nov 27, 2013
Home Sold
$330,000

Tax history

YearAssessmentProperty Tax
2024$936,431$13,009
2023$918,070$12,500
2022$900,069$12,258
2021$882,421$12,363
2020$873,373$11,914
2018$839,460$11,516
2017$823,000$5,914

History based on county public records data.

Nearby schools

7

Vail Elementary School

Public District KG-5

1.0 mi

29835 Mira Loma Dr

6

Temecula Elementary School

Public District KG-5

1.3 mi

41951 Moraga Rd

9

Paloma Elementary School

Public District KG-5

2.5 mi

42940 Via Rami

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,528. Typical income of Temecula, CA residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

42%
<35k
40%
35k-100k
11%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
15%
Single, with Kids
25%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Monster TrucksMonster Trucks
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart
  • DillardsDillards

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • SubaruSubaru
  • RamRam
  • CadillacCadillac

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Temecula, CA

Transportation in Temecula includes a network of roads and highways that connect residents to nearby cities and attractions, with Interstate 15 being a major thoroughfare. Public transportation options are available, offering residents alternatives to private vehicle use. The area's walkability varies, with certain neighborhoods being more pedestrian-friendly than others. Bike lanes and trails are also present, encouraging cycling as a mode of transport. While ride-sharing services are operational, specific schedules and availability may vary.

The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs and preferences. Healthcare is readily accessible, with several hospitals and clinics providing a range of services from emergency care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with local businesses and restaurants reflecting the rich culinary traditions of the area.

Temecula is celebrated for its picturesque vineyards and vibrant wine culture, which play a central role in the community's identity. The city prides itself on a family-friendly atmosphere, with numerous parks and recreational areas contributing to its inviting character. Annual events, such as the Temecula Valley Balloon & Wine Festival, highlight the region's passion for local crafts and entertainment, fostering a sense of togetherness among residents.

Temecula's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartment complexes and cozy townhouses. The architectural styles vary, with a noticeable presence of Mediterranean and Spanish influences, as well as contemporary designs. Single-family homes are the most prevalent, making up a significant portion of the housing stock, while apartments and townhouses offer alternatives for those seeking a more communal living experience. The homeownership rate in Temecula is high, reflecting the community's preference for owning over renting.

About 42045 3rd St

The listing price of 42045 3rd St property is $1,280,000.

The property 42045 3rd St is land located in Temecula, California, 92590.

Active Listing: 42045 3rd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 42045 3rd St are: Vail Elementary School (GreatSchools Rating 7/10), Temecula Elementary School (GreatSchools Rating 6/10), Paloma Elementary School (GreatSchools Rating 9/10), Margarita Middle School (GreatSchools Rating 5/10), James L. Day Middle School (GreatSchools Rating 7/10), Erle Stanley Gardner Middle School (GreatSchools Rating 8/10), Elite Academic Academy - Mountain Empire (GreatSchools Rating 6/10), Elite Academic Academy - Lucerne (GreatSchools Rating 4/10), Jcs - Pine Hills (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $13,009 (source: MLS/based on county public records data).

The last sale was on December 12, 2016 for $750,000 (source: MLS/tax record).

The property 42045 3rd St is 0.27 acres.

This home is located at 42045 3rd St in Temecula, CA and zip code 92590. Features: 0 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $1,280,000.

In May 2025, from all listings sold in Temecula, CA there were more than 28 sold above asking price, over 40 sold below and more than 21 were sold right at the asked price. The inventory of homes for sale in Temecula, CA between April and May 2025 increased by 8.6%. In May 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $782,644.

From Rocket Homes Real Estate and based on county public records data.

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