Active

876 S D

Perris, CA 92570
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Bed 0

Bed

Bath 0

Bath

SqFt29,560

Sqft

SqFt41,382

Sqft(Lot)

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. T he 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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Detail Ic Property Details

Property Type : Residential Income

Price : $6,950,000

AD Id : 77793928

MLS Id : PW26090989

Lot Size : 41,382 Sqft

Living Area Size : 29,560

Year Built : 2021

County : Riverside

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Other
  • Interior Features

    Property Appliances: Dryer,Washer Fireplace: Outside
  • Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: Outside Has Fireplace: 1

  • Building Information

    Year Built: 2021 Building Area Total: 29,560
  • Pool Features

    None

    Laundry Features

    Inside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.95
  • Lot Size Source: Assessor Lot Size Square Feet: 41382

  • Listing Price Information

    Original List Price: 6,950,000 Listing Contract Date: 2026-04-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 313273010

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: SRCAR - Southwest Riverside County Directions: 876 S D St, Perris, CA 92570 Source Property Type: Residential Income Area: SRCAR - Southwest Riverside County Property SubType: Mixed Use
  • Building and Construction

    Property Age: 5 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Builder Entry Level: 1 Entry Location: Street Property Attached: Yes Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
W Ellis Road, Perris, CA, 92570 $564,999 4 2 1,595 1,595 SqFt
Stafford Street, Perris, CA, 92570 $640,000 4 2 1,362 1,362 SqFt
3516 Mill Creek, Perris, CA, 92570 $595,000 3 2 2,184 2,184 SqFt
3320 Jack Rabbit Court, Perris, CA, 92570 $585,000 4 2 2,640 2,640 SqFt
160 E 3rd, Perris, CA, 92570 $459,900 2 1 856 856 SqFt
453 Cimarron Drive, Perris, CA, 92570 $575,000 4 2 1,771 1,771 SqFt
2460 Fernwood, Perris, CA, 92570 $531,000 3 2 1,445 1,445 SqFt
333 Deer Lane Way, Perris, CA, 92570 $583,492 3 2 1,942 1,942 SqFt
345 Charlton Street, Perris, CA, 92570 $569,900 3 2 1,942 1,942 SqFt
2409 Tulip Dr, Perris, CA, 92570 $549,900 4 2 1,808 1,808 SqFt

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ByOwner last updated this listing 06/04/2026 @ 06:10

MLS: PW26090989 LISTED BY: James Hebish, James Hebish Broker 562-537-2144 SOURCE: CRMLS

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