The North County offices of Lee & Associates has brokered the sale of a Murrieta townhome site for $2.7 million.
The 4.6 acre site is on the southeast corner of Washington Avenue and Lemmon St. at 24340 Washington Ave.
The parcel has been approved for construction of 60 two-story townhomes.
The property was partially developed 10 years ago with some grading, streets, water, sewer, curbs and gutters installed.
Western Residential Opportunity Fund LLC was the seller.
Murrieta 60 LP was the buyer.
Matt Weaver and Al Apuzzo of Lee & Associates represented both parties in the transaction.
Real estate reporter Ray Huard may be reached at email@example.com or 858-277-8904.