876 S D, Perris, CA 92570
Local realty services provided by:CENTURY 21 Cornerstone
876 S D,Perris, CA 92570
$6,950,000
- - Beds
- - Baths
- 29,560 sq. ft.
- Multi-family
- Active
Listed by: james hebish
Office: james hebish broker562-537-2144
MLS#:PW26090989
Source:CRMLS
Price summary
- Price:$6,950,000
- Price per sq. ft.:$235.12
About this home
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-maintenance opportunity with significant long-term appreciation potential in Southern California's Inland Empire region....
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Home facts
- Year built:2021
- Listing ID #:PW26090989
- Added:1 day(s) ago
- Updated:April 28, 2026 at 12:29 PM
Rooms and interior
- Living area:29,560 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:2021
- Building area:29,560 sq. ft.
- Lot area:0.95 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$6,950,000
- Price per sq. ft.:$235.12
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Inside, Washer
Parking
- Total parking spaces:29
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