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$6,500,000
72 Days On Site

876 S D Street
Perris, CA 92570

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
29,760
SqFt
$218
/SqFt
2019
Built
County:
Riverside
Listed by Mike Marcu of Mike Marcu, Broker mike@mogharebi.com

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876 S D Street876 S D Street876 S D Street876 S D Street
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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.

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Listing Snapshot
Price 
$6,500,000
Days On Site 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
29,760 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.95 Acres
Year Built 
2019
MLS® Number 
OC24215045
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.95
Number Of Stories 
3
Parking 
None
Parking Spaces 
29
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
29760
Stories 
Three Or More
Interior Features
Appliances 
DryerWasher
Heating 
Central
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Exterior Features
Lot Features 
Corner Lot
Pool Features 
None
Community Features
Building Access 
2
Community Features 
Curbs
Financing Terms Available 
Cash
MLS Area 
699 - Not Defined


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. The 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.

Neighborhood & Commute
Source: Walkscore
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