858-525-5007

876 D, Perris CA 92570 | $6,500,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 41382 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 3
  • Year Built: 2019
  • MLS#: OC24215045
  • Community: 699 - Not Defined

Listing provided courtesy of Mike Marcu of Mike Marcu, Broker. Last updated 2024-11-28 09:11:52.000000. Listing information © 2024 SANDICOR.

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.

More Details

0.95 Acres
3 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985