129 Olivetree Drive, Perris, California 92571, Perris, 92571 - 2 bed, 1 bath

129 Olivetree Drive, Perris, California 92571 home-pic-0

129 Olivetree Drive

Perris, California 92571

ACTIVE
CONDITION: GOOD
2Beds
1Baths
794Sq Ft
3,920Lot Size

Property Price

LIST PRICE$440,000
EST. MARKET VALUE
$413,524
6% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$413,524
Based on Realkey algorithm analyzing recent comparable sales in Perris.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
129 Olivetree Drive
Subject
$440,000*
List Price
21794$521-
A
513 Wildwood
Sold
$440,00021820$5370.7 mi
B
1878 Neptune
Sold
$440,00022946$4650.8 mi
C
484 Harvest
Sold
$410,00032900$4560.7 mi
D
1534 Wilson Ave
Sold
$420,00021866$4850.8 mi
E
302 Daystar Drive
Sold
$475,000221,011$4700.4 mi
F
767 Clearwater
Sold
$439,00022946$4640.9 mi
G
1829 Springtree
Active
$449,888
List Price
21866$5200.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and has been recently refreshed with modern luxury vinyl plank flooring and fresh paint throughout. While the 1985 construction is still evident in the popcorn ceilings and the style of the painted cabinetry, the kitchen has been updated with granite-style countertops and functional appliances. The home is well-maintained, clean, and requires no immediate renovation, meeting the criteria for a 'Good' condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • Turn-Key Condition

    The property is move-in ready with a refreshed interior featuring luxury vinyl plank flooring, offering a modern aesthetic and immediate occupancy for the new owner.

  • ADU Conversion Potential

    The attached two-car garage presents a valuable opportunity for a future ADU studio conversion, providing potential for rental income or multi-generational living.

  • Commuter-Friendly Location

    Ideally situated with convenient access to major freeways, local schools, shopping, and parks, making it an excellent choice for daily commuters.

CONSRISKS & DEFICIENCIES

  • Limited Living Space

    At approximately 794 square feet, the interior living area is quite compact, which may be a constraint for growing families or those requiring more room.

  • Single Bathroom

    The home features only one bathroom, which can be a significant drawback for households with multiple occupants or when hosting guests.

  • Small Lot Size

    The 3,920 square foot lot is relatively small for the area, limiting outdoor recreational space and potential for large-scale landscaping or gardening.

About 129 Olivetree Drive

Welcome to 129 Olivetree Dr, a move in ready single-story home located in a well established Perris neighborhood. This charming residence features 2 bedrooms, 1 bathroom, and approximately 794 square feet of thoughtfully updated living space. The interior has been refreshed with luxury vinyl plank flooring throughout, creating a clean, modern feel while offering durability and low maintenance. The living area flows seamlessly into the dining space and kitchen, providing a functional layout ideal for everyday living. The home is in excellent condition and turn key for its next owner. Situated on a 3,920 square foot lot, the property includes a private backyard with room to relax, garden, or entertain. An attached two car garage offers ample parking and storage and presents a potential opportunity for a future ADU studio conversion, making this property appealing for both owner-occupants and investors alike. Buyer to verify all ADU feasibility and requirements with the City of Perris. Additional highlights include laundry hookups in the garage, a welcoming front yard, and convenient access to nearby parks, shopping, schools, and freeway access for commuters. Whether you’re looking for a comfortable primary residence or a property with long-term investment potential, 129 Olivetree Dr offers versatility, value, and move-in ready appeal.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1985
Lot Size
3,920 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.04.0
5%
Baths1.03.0
3%
Square foot7942,103
1%
Lot Size3,9206,534
16%
Price$440.0K$570.0K
8%
Price per sq ft$554$281
99%
Built year19852005
3%
HOA$0$0
50%
Days on market24179
1%

Pricing History

Listed for Sale

Feb 11, 2026

$440,000

Initial Listing

Sold

Feb 23, 2023

$405,000

Public Record

Sold

Jan 21, 2016

$175,000

Public Record

Sold

Jul 2, 2010

$105,000

Public Record

Sold

Feb 3, 2010

$57,000

Public Record

Sold

Jun 2, 2006

$290,000

Public Record

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