Property Details
About this Property
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.
MLS Listing Information
MLS #
CROC24215045
MLS Source
California Regional MLS
Days on Site
71
Interior Features
Appliances
Dryer, Washer
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 23 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
876 S D St is a Residential Income in Perris, CA 92570. This – square foot property sits on a 41,382 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,500,000 and was built in 2019. This address can also be written as 876 S D St, Perris, CA 92570.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact Mike Marcu, (949) 688-1224
