CA > Perris
Perris, CA 92570,876 S D ST
See all 5 photos
Perris, CA 92570,876 S D ST
Perris, CA 92570,876 S D ST
Perris, CA 92570,876 S D ST
Perris, CA 92570,876 S D ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Alex Duarte

Alex Duarte

+1(714) 373-6828
$ 6,500,000
Est. payment /mo
Save
Active

876 S D ST Perris, CA 92570

0.95 Acres Lot

UPDATED:

10/16/2024 11:16 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24215045

HOA Y/N No

Year Built 2019

Lot Size 0.950 Acres

Property Description

New Majestic is a 2019 built MIXED USE investment property. Operating at 100% occupancy the property is well parked and sits on a nearly 1-acre corner lot with exceptional visibility for retail tenants. There are 8 individual retail suites comprised of 4 tenants, all on gross leases. The residential portion of the property consists of 11 two-bedroom two and one-half bath apartments that are approximately 1,300 square feet and four two-bedroom two bath apartment's that are approximately 1,400 square feet. The retail portion of the property has been valued using a 6% capitalization rate. There are 29 open parking spaces for the tenants and there are washer and dryers in the apartment units.

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating Central

Fireplace No

Appliance Dryer, Washer

Exterior

Garage None

Pool None

Community Features Curbs, Rural

Total Parking Spaces 29

Private Pool No

Building

Lot Description 26-30 Units/Acre, Corner Lot

Story 3

Entry Level Three Or More

Sewer Public Sewer, Sewer Assessment(s)

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 313273010

Energy Description 12500.0

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by Mike Marcu • Mike Marcu, Broker • 562-260-0940

Alex Duarte

CEO | i01970077

+1(714) 373-6828

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

876 S D ST