Detail

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 2024-11-22 09:11:45.000000. 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

Michael Citrin​

Call or Text: 858-755-0075

    TESTIMONIALS

    Read about client's experience working with Michael Citrin

    Michael Citrin has been my professional real estate representative for the past 20 years when I moved to North County, San Diego. He has represented me in all of my homes - both sales and purchases, and he has also represented my family, friends and colleagues. Michael is exceptionally knowledgeable with regards to all areas of real estate, including related ancillary industries and I fully trust him. He is a trusted advisor and now a dear friend.

    - S.M.

    Michael Citrin has been my professional real estate representative for the past 20 years when I moved to North County, San Diego. He has represented me in all of my homes - both sales and purchases, and he has also represented my family, friends and colleagues. Michael is exceptionally knowledgeable?with regards to all areas of real estate, including related ancillary industries and I fully trust him. He is a trusted advisor and now a dear friend.

    - M.K.

    Extraordinary service! Purchased my 3rd home and Michael has been there since day one! The stress of finding the perfect home is lifted with Michael. You can definitely feel the passion whenever he speaks Real Estate. His passion fuels his eagerness to help you find your next home. His cheerful personality is contagious! Thanks for all that you do!

    - R.S.

    SUBMIT A REVIEW

    FULL NAME:
    PHONE:
    E-MAIL ADDRESS: