Beautiful Horse Property with newly remodeled Manufactured Homes. The homes have access to its own well water, propane, electric and septic. The property has two domestic water wells, 2 irrigation wells. This estate offers many possibilities: Acreage, privacy, and a wonderful view of the valley.
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.
The duplex is situated on a large lot in the city or Perris. The property allows plenty of parking and additional storage for the tenants. One of the units has 3 bedrooms, 1 bathroom, a kitchen, and family room. The other unit has 2 bedrooms, 1 bathroom, a kitchen, and a family room.
Versatile Duplex with Expansion Potential in the Heart of Perris!!! Welcome to 182 & 184 State St, Perris, CA —a unique multi-family investment opportunity! This property, situated on a spacious 8,712 SF lot, offers a maintained duplex with two distinct units, ideal for investors or families seeking a flexible living arrangement. Each unit within this multi-family dwelling features 1+ bedrooms and 1 bathroom, providing comfortable living spaces and kitchens equipped with ample cabinetry. The layout ensures privacy and convenience, making it perfect for rental income or multi-generational living. One of the standout features of this property is its potential for expansion. Previously, the lot housed an additional building, which has since been removed. It’s unknown if the utilities for a third prospective unit are still present, offering a unique opportunity for buyers with vision. However, buyers are advised to conduct their due diligence to explore this potential. SELLER WILLING TO CARRY NOTE. Property being sold with Tenants in place. The property also includes a shared yard, ideal for outdoor gatherings or simply relaxing in the California sunshine. A fenced front yard enhances security and curb appeal, while ample parking is provided with street options. Located in the thriving city of Perris, this property offers easy access to local schools, parks, shopping, and dining. Major highways are just minutes away, making commuting to nearby cities simple and convenient. Whether you're looking to expand your real estate portfolio or secure a versatile home with future potential, 182 & 184 State St is a rare find. Schedule your private showing today and explore the possibilities!
Perris is located in California. Perris, California has a population of 78,106. Perris is more family-centric than the surrounding county with 47.45% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Perris, California is $70,910. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Perris is 29.2 years.
The average high temperature in July is 98.4 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 11.9 inches per year, with 0 inches of snow per year.
