NEW! Buy and sell safely with virtual options - Learn More
About the Listing OC06634 - SMARCMIK
The Mogharebi Group is pleased to present New Majestic, a distinctive mixed-use investment opportunity located at 876 S D Street in the heart of Perris, California. Built in 2019, this three-story property features 15 spacious apartment homes totaling approximately 20,600 square feet, along with eight ground-floor retail spaces totaling approximately 7,544 square feet, for a combined 28,144 square feet. The residential component consists of four two-bedroom/two-bathroom units and eleven two-bedroom/two-and-a-half-bathroom townhome-style units, with floor plans ranging from approximately 1,085 to 1,400 square feet. Quality construction and desirable amenities include granite countertops, hardwood-style flooring, stainless-steel appliances, washer/dryer hookups, private patios or balconies, and a controlled-access environment. Strategically positioned across from Mercado Park in downtown Perris, New Majestic offers investors the opportunity to acquire a newer-construction asset with diversified income streams from both residential and commercial tenants. The property benefits from proximity to shopping, dining, employment centers, the Perris-Downtown Metrolink Station, and Interstate 215. Individually metered gas and electricity there is a potential additional RUBS income opportunity for operational efficiency and increased revenue. With its attractive unit mix, modern construction, prominent downtown location, and potential for income growth, New Majestic represents a compelling investment opportunity in Riverside County's expanding Inland Empire market.
Listing Highlights for 876 S D
Interior Details
- Bedrooms: 12
- Bathrooms: 5 Full
- Appliances: Washer
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 21-25 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 29
- Roof:
- Others: 2+ Total Units
- Sewer: Sewer Assessment(s)
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 313273010
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
876 S D Perris, CA 92570
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
