Home | Riverside County | Perris | 92570 | 876 S D
MLS: CRPW26090989 | Status: | Price: $6,950,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 41,382 | 2021 |
Rare mixed-use investment opportunity in the heart of Perris, California. Built in 2021, this modern 29,560 SF property sits on approximately 0.95 acres and features 15 residential units alongside 8 commercial suites, offering a compelling blend of diversified income streams in a single asset. The residential units consist of spacious townhome-style two-bedroom floor plans ranging from 1,100 to 1,400 SF, each equipped with in-unit washer/dryers and access to an outdoor courtyard. Select units offer the potential to convert to three-bedroom configurations, providing meaningful value-add upside for the right investor. The ground-floor commercial suites range from 650 to 1,540 SF and are currently home to a variety of established tenants, delivering strong in-place cash flow from day one. The property includes 29 parking spaces serving both residential and commercial occupants. Current scheduled rental income stands at $562,681 annually, with a current cap rate of 5.27% and a market cap rate of 5.99%, reflecting additional upside through market-rate repositioning of residential units and commercial lease rollovers. Current NOI is $366,290, with a market pro forma NOI of $416,306. Priced at $6,950,000 ($233.53/SF), this newly constructed asset offers investors a turnkey, low-main
| Field | Value |
|---|---|
| MLS # | CRPW26090989 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Other, Dryer, Washer |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
James Hebish
James Hebish Broker
License #: 02135254
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 15 | – |
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This listing information is up-to-date as of April 28, 2026. For the most current information, please contact James Hebish.