NOT LISTED FOR SALE

1261 W Oleander Ave Perris, CA 92571

0.86 Acre
-- Price per Acre
37,462 Sq Ft Lot

Last Sold June 05, 2018

Last sale price $600,000

54 Days on Market

About This Lot

As of June 2018

Cannabis Property for sale located off of the I215 Freeway in Southern California.

Perris California allows the following Cannabis uses (subject to permit): medical retail, medical delivery, manufacturing (Lv. 1 and Lv. 2), distribution, testing, and cultivation (indoor/mixed-light GH).

The property is land with tenants vacating, and is located at 1261 W. Oleander, Perris, CA 92571.

The property is approximately .85 acres or 37, 400 sq. ft. and has street frontage close to the Harley Knox Exit of the I215. If you need more space adjacent parcel may be negotiable.

This property is great for any Cannabis business looking for a footprint in a growing Southern California Market.

Offers and ideas welcome.

City water. Power on site.

Call or email for more information

Last Agent to Sell the Property

Joshua Naggar

JOSHUA D. NAGGAR, BROKER License #01742537 Listed on: 01/31/2018

Last Buyer's Agent

Joshua Naggar

JOSHUA D. NAGGAR, BROKER License #01742537 Listed on: 01/31/2018

Property Details

Property Type

  • Land

Lot Details

  • 0.86 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned MM, LI

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 314100015

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use Comments: Current use is a construction storage yard, ten...
  • Improvements: Fencing, electricity, street front.
  • Ingress Egress: yes
  • Possible Use Comments: Approved cannabis uses in the City of Perris (subject to permit): 1. Cannabis retail (medical), 2. Cannabis delivery (medical, 3. Cannabis culti...
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Survey: Buyer Pays, Corners Marked
  • View: No
  • Zoning: MM
  • Zoning Description: LI
  • Property Type: Land
  • Parcel Number: 314100015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 16.02

Exterior Features

  • Fencing: Chain Link

Utilities

  • Utilities: Electricity Available, Electricity Connected, Water Available, Water Connected
  • Sewer: None
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Lot 20000-39999 Sqft, Level, Value In Land
  • Lot Size Sq Ft: 37462.00
  • Usable Land Percent: 100

Tax Info

  • Tax Census Tract: 426.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Oakhurst If I Reo Llc
Bought by
Brg Oleander Llc

Purchase Details

Closed on
Dec 19, 2023
Sold by
Oakhurst Income Fund I Lp
Bought by
Oakhurst If I Reo Llc

Purchase Details

Closed on
Nov 9, 2023
Sold by
Sbs Trust Deed Network
Bought by
Oakhurst Income Fund I Lp

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 27, 2018
Sold by
Farquharson John G and Farquharson Patricia M
Bought by
Cali Cc Group Inc
Seller's Agent
Joshua Naggar
JOSHUA D. NAGGAR, BROKER
Buyer's Agent
Joshua Naggar
JOSHUA D. NAGGAR, BROKER
List Price
$700,000
Sold Price
$600,000
Premium/Discount to List
-$100,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Farquharson John G and Farquharson Patricia M
Bought by
Farquharson John G and Farquharson Patricia M

Purchase Details

Closed on
Dec 5, 2003
Sold by
Solorzano Ramon G and Solorzano Trudy L
Bought by
Hoskins Max L and Farquharson John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 25, 2003
Sold by
Hoskins Kimberly A
Bought by
Hoskins Max L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Brg Oleander Llc $2,200,000 Old Republic Title
Oakhurst If I Reo Llc -- None Listed On Document
Oakhurst Income Fund I Lp $1,155,861 None Listed On Document
Cali Cc Group Inc $1,200,000 Equity Title Company
Farquharson John G -- --
Hoskins Max L $200,000 Commonwealth Land Title Co
Hoskins Max L -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cali Cc Group Inc $1,020,000
Previous Owner Hoskins Max L $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2018 06/05/18 Sold $600,000 -14.3% --
03/26/2018 03/26/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $700,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,415 $1,000,000 $989,500 $10,500
2023 $7,415 $660,495 $650,719 $9,776
2022 $7,340 $647,545 $637,960 $9,585
2021 $7,197 $634,849 $625,451 $9,398
2020 $7,123 $628,340 $619,038 $9,302
2019 $6,643 $612,000 $606,900 $5,100
2018 $1,403 $126,899 $123,783 $3,116
2017 $1,370 $124,411 $121,356 $3,055
2016 $1,354 $121,973 $118,977 $2,996
2015 $1,334 $120,143 $117,191 $2,952
2014 $1,318 $117,793 $114,897 $2,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18028335

California Regional Multiple Listing Service (CRMLS)

APN: 314-100-015