1502 Remembrance Drive, Perris, California 92571, Perris, 92571 - 4 bed, 3 bath
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Perris, California 92571
This property presents a High-Potential Investment Opportunity with a List Price of $410,000—positioned well below the $416,895 Fair Market Value by 1%. This valuation gap offers $6,895 in Instant Equity for buyers willing to execute a comprehensive renovation. With a Condition Rating of 5, the home requires a full overhaul, including roof and interior finishes. The functional two-story layout and scenic mountain views provide a solid foundation for value-add strategies. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1502 Remembrance Drive Subject | $410,000* List Price | 4 | 3 | 1,749 | $238 | - |
A 1534 Heirloom Ave Sold | $416,000 | 4 | 3 | 1,749 | $238 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (34 years old) with no evidence of prior renovations. The listing explicitly states the home needs a complete renovation, including the roof, flooring, and paint. Images show original 1990s kitchen cabinetry, outdated appliances, and severely neglected interior surfaces, fitting the criteria for a full rehab project.
The two-story layout features four bedrooms on the upper level and separate living, family, and dining areas, providing a highly practical foundation for a modern family home.
Priced as a 'blank canvas' for investors and flippers, this property offers a prime opportunity to build substantial equity through a comprehensive renovation.
The property boasts impressive views of the surrounding hills, mountains, and city lights, adding long-term aesthetic value and appeal to the location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1749, other record lot size in square feet = 3484.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1749, living area = 1749.
The home requires a complete overhaul, including a new roof, flooring, and paint, which necessitates a significant budget and contractor involvement.
Welcome to 1502 Remembrance Dr! Attention investors, flippers, and handy buyers—this 4-bedroom, 2.5-bathroom single-family home offers 1,749 square feet of highly functional living space and an attached garage. Built in 1990, this property features an excellent two-story layout with a formal dining room, a separate family room, a cozy living room fireplace, and all four bedrooms conveniently located upstairs. This functional floor plan provides the perfect blank canvas for your next transformation. The property needs a complete renovation (including roof, flooring, and paint) and is sold strictly as-is. Bring your contractor and unlock the equity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,749 | 1,916 |
| Lot Size | 1,749 | 7,016 |
| Price | $410.0K | $583.5K |
| Price per sq ft | $234 | $293 |
| Built year | 1990 | 1997 |
| HOA | $0 | $99 |
| Days on market | 13 | 67 |
Jul 9, 2026
$410,000
Initial Listing