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876 S D Street

Perris, CA 92570

– beds
– baths
– sqft
~1 acre lot
2019 build
– on site

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.

Listed By CRMLS_CA / Mike Marcu / Mike Marcu, Broker / 562-260-0940

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# OC24215045 —

The Building

Year Built:

2019
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

29760.00
Building Area Units:

Square Feet
Total Number Of Units:

23
# of Buildings:

1
Stories Total:

3
Entry Level:

2
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

17
# of Separate Water Meters:

16
# of Separate Electric Meters:

17

Interior

Levels:

Three Or More
Entry Location:

2
Laundry:

Dryer Included, Washer Included
Laundry:

1

Location

Directions:

215 freeway to Redlands Avenue west to 4th Street right to D Street left
Latitude:

33.77638700
Longitude:

-117.22903300

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Lot Features:

26-30 Units/Acre, Corner Lot
Lot Size Area:

41382.0000
Lot Size Acres:

0.9500
Lot Size SqFt:

41382.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

15
Tax Census Tract:

428.02
Tax Tract:

273
Tax Lot:

4

The Listing

Special Listing Conditions:

Standard
Parcel Number:

313273010

Heating & Cooling

Heating:

1
Heating:

Central

Utilities

Sewer:

Public Sewer, Sewer Assessments

The Community

Features:

Curbs, Rural
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking:

No
Parking:

None
Parking Spaces:

29.00
Uncovered Spaces:

29.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/16/24 Oct 16, 2024	Listed / Active	CRMLS_CA	$6,500,000	12.1% (5.3% / YR)
7/8/22 Jul 8, 2022		CRMLS_CA	$5,800,000	-7.9%
5/25/22 May 25, 2022		CRMLS_CA	$6,300,000

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This multifamily located in Downtown Perris, Perris, CA 92570 is currently for sale for $6,500,000. 876 S D Street is a – square foot multifamily with – beds and – baths that has been on Estately for 67 days. 876 S D Street is in the Downtown Perris neighborhood of Perris and has a WalkScore® of 60, making it somewhat walkable. This multifamily is in the attendance area of Pinacate Middle School, Perris Elementary School, and Perris High School.

Listing Courtesy of: CRMLS_CA and Mike Marcu, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 11:04 on Dec 22.

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, 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.