122 E Bowen, Perris, California 92571, Perris, 92571 - 3 bed, 2 bath
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Perris, California 92571
This Value-Add Residential Asset is listed at $415,000, compared to a $355,096 Fair Market Value. The property currently holds a Condition Rating of 5, requiring extensive rehabilitation of the kitchen and bathrooms to meet modern standards. Despite the need for repairs, the 7,405 sqft lot provides high utilization potential within the Perris Union High district. Its strategic location near major freeways and shopping centers ensures strong rental demand once modernized. This project is ideal for Fix-and-Flip Investors or Contractors seeking a high-potential renovation in the heart of Perris.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 E Bowen Subject | $415,000* List Price | 3 | 2 | 1,188 | $299 | - |
A 1443 Caron Sold | $465,000 | 3 | 2 | 1,133 | $410 | 0.8 mi |
B 1255 Comiskey Court Pending | $450,000 List Price | 4 | 2 | 1,417 | $318 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980, this property is over 40 years old with no evidence of significant recent renovations. The kitchen features severely outdated and damaged cabinets (some missing doors), worn laminate countertops, and old tile flooring, requiring substantial rehabilitation. Bathrooms are also very dated with old tiles and basic fixtures. While the HVAC and water heater appear to be functional, the overall interior condition, particularly the kitchen and bathrooms, indicates a need for extensive repairs and modernization to meet current living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1188.
The property boasts a highly convenient location, situated near schools, shopping centers, and major freeways, offering excellent accessibility for residents.
Described as ideal for first-time buyers or a new family, its welcoming layout and size cater well to this demographic.
Constructed in 1980, the home is over 40 years old, which may indicate a need for updates to systems, finishes, or appliances to meet contemporary standards.
The list price has seen a substantial increase from its original listing ($370,000 to $450,000) and from its last sale in 2020 ($290,000), which may require justification in the current market.
The property explicitly states 'view: None,' which could be a drawback for buyers who prioritize scenic outlooks or specific vistas.
Charming and cozy home in the heart of Perris! Conveniently located near schools, shopping centers, and major freeways, this home offers both comfort and accessibility. Ideal for first-time buyers or a new family, this property features a welcoming layout with great potential to make it your own. A fantastic opportunity you won’t want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,188 | 2,118 | 13% |
| Lot Size | 7,405 | 6,534 | 62% |
| Price | $415.0K | $572.5K | 5% |
| Price per sq ft | $349 | $277 | 78% |
| Built year | 1980 | 2005 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 184 | 10% |
Mar 15, 2026
$415,000
$450,000
-8% Price Drop
Initial Listing
Jan 28, 2026
$450,000
$370,000
+22% Price Increase
Initial Listing
Jan 26, 2026
$370,000
Initial Listing
Feb 10, 2020
$290,000
Public Record
Oct 16, 2017
$249,000
Public Record
Feb 8, 2008
$145,000
Public Record
Mar 22, 2004
$190,000
Public Record
Mar 20, 2003
$139,500
Public Record
Dec 17, 1998
$53,000
Public Record