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876 S DPerris, CA 92570

Riverside County

$6,500,000List price
28,144Sq Ft
2019Year built
0.95Acre lot
3Stories
1 day agoOn market

Description

The Mogharebi Group is pleased to present New Majestic, a distinctive mixed-use investment opportunity located at 876 S D Street in the heart of Perris, California. Built in 2019, this three-story property features 15 spacious apartment homes totaling approximately 20,600 square feet, along with eight ground-floor retail spaces totaling approximately 7,544 square feet, for a combined 28,144 square feet. The residential component consists of four two-bedroom/two-bathroom units and eleven two-bedroom/two-and-a-half-bathroom townhome-style units, with floor plans ranging from approximately 1,085 to 1,400 square feet. Quality construction and desirable amenities include granite countertops, hardwood-style flooring, stainless-steel appliances, washer/dryer hookups, private patios or balconies, and a controlled-access environment. Strategically positioned across from Mercado Park in downtown Perris, New Majestic offers investors the opportunity to acquire a newer-construction asset with diversified income streams from both residential and commercial tenants. The property benefits from proximity to shopping, dining, employment centers, the Perris-Downtown Metrolink Station, and Interstate 215. Individually metered gas and electricity there is a potential additional RUBS income opportunity for operational efficiency and increased revenue. With its attractive unit mix, modern construction, prominent downtown location, and potential for income growth, New Majestic represents a compelling investment opportunity in Riverside County's expanding Inland Empire market.

Property Information

Property type
Residential Income
Sub-type
Apartment
Year built
2019
Stories
3
Building area
28,144 Sq Ft
Lot size
0.95 acres
Parking spaces
29
Days on market
1
MLS® Listing#
OC26221383

Property Features

Appliances
Washer
Heating
Central
Pool
None
Parking
None
Community
Street Lights · Suburban · Sidewalks
Water source
Public
Parcel number
313273010

Directions

215 Freeway to Redlands Avenue west to 4th Street right to D Street

Listing Courtesy: Mike Marcu, Broker - 949 688 1224

Presented by: Mike Marcu

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-10T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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