$1,250,000
-$300,0004439 Wade Avenue 1-5, Perris CA 92571
Multi-Family (5 Units)
Property type
501 days
On market
$212
Price per sqft
0 cars
Garage
1910
Year built
47,045 sqft
Lot size
Home highlights
Open Houses
Overview
1.1 acre parcel zoned light-industrial with 5 existing units, plus pool, pool-house and storage unit in rural, bucolic setting featuring Cedar, Birch, Eucalyptus, Loganberry trees with full-circle driveway access, dedicated firepit and more. Decorative sidewalks connect all units. 7 marked parking stalls, add'l unmarked parking for 10+ vehicles on property. Unit #1: 5b/2ba,...
Listing provided by: Jonathan Minerick DRE #01523060 888-400-2513, Homecoin.com
Listing updated: Jan 10, 2026 at 06:01pm.
Last checked: Jun 5, 2026 at 09:00pm
Source: CRMLS #TR25008308
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 5 | 2 | — | $3,000 | $3,000 | $100 | Furnished |
| 1 | 2 | 1 | — | $14,400 | $14,400 | $100 | Furnished |
| 1 | 4 | 2 | — | $0 | $28,800 | $0 | Furnished |
| 1 | 2 | 1 | — | $14,400 | $14,400 | $100 | Furnished |
| 1 | 6 | 2 | — | $36,000 | $36,000 | $100 | Furnished |
# of Buildings: 5
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
10.4x
List Price / Annual Gross Rent
Cap Rate
6.51%
NOI / List Price
Gross Scheduled Income: $120,000
Operating Expense: $38,600
Net Operating Income: $81,400
Annual Operating Expenses
Electric: $23,000
Fuel: $2,400
Insurance: $4,000
Professional Management: $4,800
Trash: $800
Water / Sewer: $3,600
Interior
Cooling: Evaporative Cooling, Whole House Fan
Heating: Floor Furnace, Wall Furnace
Fireplace: Living Room
Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Level
Pool: Association, In Ground
Water Source: None
Sewer: None
Electric: Volts220 In Kitchen
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Water Available, Water Connected, Sewer Not Available, Water Not Available
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 314110031
Additional Parcels: No
Tax Lot: 6
Zoning: CPS
Tax Block: 4
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 4439 Wade Avenue 1-5, Perris, CA 92571. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,000,000
Total Interest
$1,275,445
Total Payment
$2,275,445
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,773
per month
Property History for 4439 Wade Avenue 1-5
Perris Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92571.
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