Property profile

19985 Smith Rd Perris, CA 92570

OFF-MARKET
Retail properties & Spaces
Property ID
US09-0944805
6,800 SF 14.77 ac lot
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Property summary

AI-generated overview

This exceptional 15-acre property in Perris, CA, presents a unique investment opportunity. The offering encompasses five recently remodeled residential units, providing immediate rental income. The main house, a mid-century ranch style home, boasts 4 bedrooms, 2 bathrooms, a 2-car garage, and a large covered patio. Additional structures include a barn with enclosed stalls, a tack room, an office, and a 3/4 bath; an upstairs apartment with 2 bedrooms, 1 bath, and a den; and a detached 3-bedroom, 2-bathroom house with a 2-car garage. Further enhancing the property are two large unpermitted workshop/warehouse buildings, a detached 3-car garage, and an old tennis court with an office and 3/4 bath. Two additional 3-bedroom homes, one with 1 bath and the other with 2 baths, are situated on a separate 5-acre parcel. All units feature recent renovations, including new windows, cabinets, countertops, flooring, doors, paint, electrical and plumbing fixtures, and tile bath enclosures. The property also includes appealing outdoor amenities such as a forest area, open space, gazebos, ponds, and riding areas, presenting potential for further development. The property is zoned R-A-1 and has a total square footage of 6,800 across all structures. The asking price is $2,850,000. APN: 285200001; 285190018.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,800 SF
Lot 14.77 ac (643,381 SF)
UPID US09-0944805

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19985 Smith Rd Perris, CA 92570
Perris metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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