Off Market  

1785 N Perris Blvd
Perris, CA 92571

Bd   — Ba   13,750 Sqft
Options Options Options Buy it all or Ground Lease a partial approx 25,000 s.f. of prime Perris frontage corner lot at Perris Blvd and Hart ideal for fast food or other retailer. Directly across the street from the brand New Super Wall Mart and existing Mall and Multiplex Movie Theater. Fast growing area adding great commercial value. The property has a RARE residential/commercial Zoning for the location. Lots can be split and or sold or developed separately, please see drawing in the pictures above. It is on 1-1/2 acres sitting on two APN's with a lot line adjustment, allowing for more frontage on Perris Blvd for a commercial use. Who doesn't like options and this commercial/residential property fits the bill!!! The property currently exists as a 21 unit residential apartment complex. Rental history is great!! Current owners increased rental income 25% in less than two years on track to increase rental income another 10% this year!!! Owners were in the process of developing the property as a commercial residential use. They were in the final stages with the city of Perris for a lot line adjustment and lot split to be able to use the frontage property, (25,000 s.f.), for commercial use and retain the back lot as residential units. Sold as-is.
  • Neighborhood: Central Perris
  • Days on Movoto: 228
  • Year Built: 1950
  • HOA:
  • $/Sqft: $203
  • Lot: 1.50 Acres
  • Property Type: Single Family
  • MLS#: IG16088068
  • MLS:
  • Listing Office: William Thompson, Broker
  • Listing Broker: William Thompson
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Property History for 1785 N Perris Blvd, Perris

Status
Date
Price
Listed
Apr 27, 2016
$2,795,000
#IG16088068

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Built in 1950, this single family house at 1785 N Perris Blvd, Perris CA, 92571 is approximately 13,750 square feet and comes with 21 parking spots. It was last listed for $2,795,000 with a cost per Sqft of $203. 1785 N Perris Blvd is located in the Central Perris neighborhood in the Perris Elementary. The closest school is Perris High School.

1785 N Perris Blvd, Perris CA, 92571 was on the market for 228 days. The median days on the market for properties in this area is 49 with a median list price of $305,000 and median cost per square foot of $161. Its current status is removed under the MLS #IG16088068.

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