Listed by BRANDON SUDWEEKS•DRE #01435174• COLDWELL BANKER COMMERCIAL SC
Listed by MICHAEL PIZZAGONI•DRE #02200504• COLDWELL BANKER COMMERCIAL SC
Contact: 951-442-3763
For sale
$1,150,000
Est. $7,704/mo —
Land
•
0.27
acre (lot)
42045 3rd St, Temecula, CA 92590
About this home
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.
Old Town Temecula, located between Temecula Creek and the Santa Margarita River, is a historic and walkable Temecula neighborhood with a Western streetscape and a wine-country edge. The neighborhood’s character concentrates around Old Town Front Street at 6th Street, where saloons, tasting rooms, patios, and small galleries line the wooden-boardwalk blocks. Preserved brick storefronts, false-front facades, and string-lit courtyards set the tone for afternoons that drift into live-music nights. The Temecula Valley Museum anchors local history, while The Merc and Old Town Temecula Community Theater keep the calendar active. Pennypickle’s Workshop adds hands-on curiosity in a compact, storefront setting. Side streets shift to quieter cottages and pocket lots, with the creek corridor shaping the edges.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Interior features
Urban community setting
Exterior features
Frontage on 3rd Street just west of its intersection with Old Town Front Street
Value in land
Home design
Zoned Old Town SP
Construction
Parcel number 922045016
Elevation measured in feet
Utilities
Public/District water
Sale and tax history for 42045 3rd St
Sale History
Tax History
Date
Event
Price
CRMLS #IV24198637
Aug 21, 2025
Price Changed
$1,150,000
Sep 24, 2024
Listed
$1,280,000
CRMLS #OC13017869
Apr 8, 2013
Listing Removed
—
Feb 6, 2013
Listed
$549,000
CRMLS #T10072996
Nov 22, 2012
Listing Removed
—
Nov 21, 2011
Price Changed
$549,000
Oct 4, 2011
Price Changed
$649,000
Oct 4, 2011
Relisted
—
Jul 4, 2011
Listing Removed
—
Nov 5, 2010
Price Changed
$510,000
Jul 9, 2010
Listed
$649,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Riverside County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 11, 2023.
SP-5
Old Town Specific Plan District
The intent of the specific plan zoning district is to provide for the creative and effective planning and design of portions of the city which require a more comprehensive and coordinated approach to planning than can be achieved through the conventional application of zoning regulations. The specific plan zoning district is intended to provide the flexibility in planning and design to effectively implement the goals and policies of the general plan. In addition, the purpose of this chapter is to establish uniform procedures for the adoption and implementation of specific plans for the coordination of future development within the city, consistent with this development code and pursuant to California Government Code.
Historical weather
Temecula, CA • 92590
Average low and high temperatures (°F)
67
48
69
51
72
52
69
51
73
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78
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81
59
87
64
84
63
80
58
71
52
69
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Temecula. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 42045 3rd St
$1,030,000
$120K under list price of $1.15M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $735K to $995K.