876 S D Street, Perris, CA 92570
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Listed Price :
$6,500,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
2019
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
876 S D Street |
| City |
Perris |
| State |
CA |
| Zip |
92570 |
| County |
Riverside |
| Listing Agent |
Mike Marcu DRE #00919594 |
| Courtesy Of |
Mike Marcu, Broker |
| List Price |
$6,500,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
41,382 |
| Year Built |
2019 |
Listing information courtesy of: Mike Marcu, Mike Marcu, Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 11:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
