Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    • MLS#: OC24215045 ( Multi-Family )
    • Street Address: Address Not Provided
    • Viewed: 32
    • Price: $6,500,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2019
    • Bldg sqft: 0
    • Days On Market: 131
    • Additional Information
    • County: RIVERSIDE
    • City: Perris
    • Zipcode: 92570
    • Provided by: Mike Marcu, Broker
    • Contact: Mike Mike
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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.
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    Features
    Property Type
    1. Multi-Family
    Views
    1. 32
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836