876 S D

Perris, CA 92570

$6,950,000
Price
2
Beds
42
Baths
29,560 Sq. Ft.
$235 / Sq. Ft.
29,560
Sq. Ft.
$235
per Sq. Ft.
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Description

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...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.
  1. Listed by James Hebish • DRE #02135254 • Brokerage DRE #02135254 • James Hebish Broker

Property Details for 876 South D

View
Courtyard
Parking Spaces Total
29
Private Pool
No
Total Units
29.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
29560
Assessor Parcel Number
313-273-010
LISTING UPDATED: 04/27/2026 02:57 PM

Property Details for 876 South D

StatusActive
MLS #PW26090989
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeResidential Income
Year Built2021
Lot Size0.95 AC / 41,382 SF
CountyRiverside County
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Location

Listing Courtesy of James Hebish Broker, James Hebish, DRE #02135254
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Building Information for 876 South D

Stories3Residences-Year Built2021Building Size-Lot Size0.95 AC / 41,382 SF

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$34,997 per month

30 year fixed, 6.46% Interest

Principal and Interest

$34,997

Property Taxes

$0

HOA Dues

$0

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Property Information for 876 South D

Income / Expense / Tax Details
Income Details
  • Gross Income: $562,681
  • Gross Scheduled Income: $562,681
  • Vacancy Allowance: 16880
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $545,801
  • Net Operating Income: $411,930
  • Gross Multiplier: 12.43
  • Cap Rate: 5.9
Expense Details
  • Operating Expense: $133,871
  • Operating Expense Percent: 26.77%
  • Fuel Expense: $8,520
  • Pest Control Expense: $995
  • Electric Expense: $8,520
  • Insurance Expense: $24,558
  • Maintenance Expense: $7,000
  • Professional Management Expense: $0
  • Trash Expense: $8,520
  • Water Sewer Expense: $8,520
  • Total Expenses: $133,871
Tax / Assessment Info
  • Tax Block: 15
  • Tax Tract Number: 313
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Valley
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, Washer Included, Dryer Included
  • Fireplace Features: Patio
  • Fireplace Rooms: Patio
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Street
  • View Description: Courtyard
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 26-30 Units/Acre
  • Number Of Units: 29
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Other
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 29
  • Open Other Spaces Total: 29
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 8
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,622
  • Unit Type Total Rent: $12,983
  • Unit Type Pro Forma: 14281
  • Unit Type Type: 2
Unit 2
  • Unit Type Units Total: 21
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,260
  • Unit Type Total Rent: $33,206
  • Unit Type Pro Forma: 51579
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 15
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 29
  • Number Of Separate Gas Meters: 29
  • Number Of Separate Water Meters: 29

Property History for 876 South D

DateEvent & SourcePriceAppreciation
Apr 27, 2026

Listed (Active)

CLAW #PW26090989MR

$6,950,000—
Apr 27, 2026

Listed (Active)

CRMLS #PW26090989

$6,950,000—
Apr 22, 2019

Withdrawn / Cancelled

SDMLS #IV19066724

—
DateEvent & SourcePrice
04/27/2026

Listed (Active)

CLAW #PW26090989MR

$6,950,000
04/27/2026

Listed (Active)

CRMLS #PW26090989

$6,950,000
04/22/2019

Withdrawn / Cancelled

SDMLS #IV19066724

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 876 South D

This home is within Perris Elementary School District.
Rating
School
Type
Grades
Distance
Perris Elementary School
Public - K to 7
Pinacate Middle School
Public - 7 to 8
Perris High School
Public - 9 to 12
Perris Lake High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Perris Elementary School
PublicK to 7

Pinacate Middle School
Public7 to 8

Perris High School
Public9 to 12

Perris Lake High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 876 South D, Perris, CA 92570

876 South D is a mixed use property for sale in Perris, CA 92570. This property was listed for sale on April 27, 2026 by James Hebish Broker, it's currently listed at $6,950,000. This listing's school districts are Perris Elementary School District, Perris Union High School District. Nearby schools include Perris Elementary School, Pinacate Middle School and Perris High School. 876 South D is a 2-bed, 42-bath, 29,560 sqft mixed use property built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of James Hebish Broker, James Hebish, DRE #02135254

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.