Homes for sale - 876 S D ST, Perris, CA 92570

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Sharad Gupta

contact@trademyhome.com +1(408) 401-1003

$6,500,000

Est. payment - /mo

0.95 Acres Lot

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UPDATED:

12/16/2024 06:24 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC24215045

Originating Board California Regional MLS

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 Forced Air

Laundry Washer, Dryer

Exterior

Parking Features No Parking

Garage Spaces 29.0

Pool None

Building

Story Three or More Stories

Sewer TBD

Others

Tax ID 313273010

Special Listing Condition Not Applicable

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Listed by Mike Marcu • Mike Marcu, Broker

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Sharad Gupta

Broker | License ID: 02213637

contact@trademyhome.com

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

876 S D ST Perris, CA 92570

Sharad Gupta

Key Details

Location

Interior

Exterior

Building

Others

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876 S D ST