876 S D Street, Perris CA, 92570

Active

876 S D Street

Perris CA, 92570

$6,500,000

$218.41 per sqft

Active

29,760 sqft

Multi-family

Built in 2019

Listed by Mike Marcu with Mike Marcu, Broker 562-260-0940

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.

OC24215045

MLSⓇ ID

October 16, 2024

Listed

December 19, 2024

Updated

Map

876 S D Street
Perris CA, 92570

Interior Features

Total Stories: 3
Appliances: Dryer, Washer
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Central

Exterior/Building Features

Lot Size: 0.95 Acres
Lot Features: 26-30 Units/Acre, Corner Lot
Sewer: Public Sewer, Sewer Assessment(s)

Other Property Details

Area Name: 699 - Not Defined
Days on Market: 2
Garage: No
Parking: None
Parking Total: 29
View: No
County: Riverside
Pool: No
Pool Features: None

Listing Contact: 909-371-1322

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/19/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/19/2024 at 6:42 AM UTC