154 E 11th Street, Perris, California 92570, Perris, 92570 - 3 bed, 2 bath
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Perris, California 92570
This Modern Single-Family Residence is a well-positioned asset listed at $520,000, matching its $520,000 Fair Market Value. Constructed in 2005, the home features a Good Condition Rating with a functional 1,423 sqft layout and a private Patio. The property’s primary advantage is the Detached Garage with Alley Access, providing a clear path for an ADU Conversion to generate rental income or accommodate multi-generational living. Located in the Perris Union High district near major freeways, it offers a blend of lifestyle and financial flexibility for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 154 E 11th Street Subject | $499,999* List Price | 3 | 2 | 1,423 | $351 | - |
A 221 W 10th Sold | $489,000 | 4 | 3 | 1,579 | $310 | 0.2 mi |
B 3701 Tower Sold | $560,000 | 3 | 2 | 1,746 | $321 | 0.7 mi |
C 231 W 10th Street Sold | $489,000 | 4 | 3 | 1,745 | $280 | 0.2 mi |
D 468 Birch Sold | $480,000 | 3 | 2 | 1,086 | $442 | 0.7 mi |
E 242 E 6th Sold | $485,000 | 4 | 2 | 1,302 | $373 | 0.3 mi |
F 2031 Yucateca Street Sold | $499,900 | 3 | 2 | 1,417 | $353 | 0.9 mi |
G 347 Columbine Court Active | $480,000 List Price | 3 | 2 | 1,188 | $404 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property meets the criteria for a 'good' condition score as it is a relatively modern build with functional systems and a move-in-ready status. While the listing suggests 'potential' for equity through cosmetic updates and an ADU conversion, the home itself appears well-maintained with standard 2000s-era finishes in the kitchen and bathrooms. It shows typical wear for its age but does not require immediate major structural or system rehabilitation.
The detached garage with a private alley entrance offers a turnkey opportunity for an Accessory Dwelling Unit (ADU) conversion, providing significant potential for rental income or multi-generational living.
Constructed in 2005, the property benefits from more contemporary building codes, systems, and a functional floor plan compared to the older housing stock often found in the area.
Positioned in a growing market near Menifee, the home provides excellent proximity to schools, shopping, dining, and major freeways, making it highly attractive for commuters and families.
While the lot is functional, the 5,662 sqft size may feel restrictive once the garage is converted to an ADU, leaving limited private outdoor space for the primary residence.
The emphasis on 'potential' and 'equity' suggests the interior may require cosmetic updates or minor repairs to compete with fully renovated homes in the current market.
Welcome to 154 E 11th St — a rare opportunity in Perris with incredible potential! This charming single-family home features spacious living areas and a detached garage with a private alley entrance, perfectly positioned and ready for conversion into an ADU (Accessory Dwelling Unit) — ideal for rental income or multi-generational living. Located on a generous lot in the heart of Menifee’s growing market, this property offers tremendous value and flexibility for investors or owner-occupants alike. Don’t miss your chance to maximize equity with an ADU conversion and effortless backyard access. Minutes from shopping, dining, schools, and freeways — this home is ready for its next chapter!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,423 | 2,194 | 13% |
| Lot Size | 5,662.8 | 10,019 | 17% |
| Price | $500.0K | $635.0K | 17% |
| Price per sq ft | $351 | $311 | 70% |
| Built year | 2005 | 2005 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 126 | 179 | 30% |
Apr 8, 2026
$499,999
$520,000
-4% Price Drop
Initial Listing
Dec 17, 2025
$520,000
Initial Listing
Jun 7, 2022
$460,000
Public Record
Sep 1, 2016
$246,000
Public Record
Dec 31, 2008
$89,500
Public Record
Nov 2, 2005
$330,000
Public Record
Oct 20, 2004
$199,000
Public Record