160 E 3rd, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath
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Perris, California 92570
This Turnkey Mixed-Use Residence is listed at $459,900, reflecting a premium for its dual-zoning capabilities relative to the $405,213 Fair Market Value. Boasting an Excellent Condition Rating, the property features a fully renovated interior, a new roof paid in full by the seller at closing, and energy-efficient solar panels. The expansive 11,326 square foot lot provides significant room for physical expansion or commercial parking in a strategic downtown location near the Perris Union High district. This versatile home offers a welcoming move-in-ready lifestyle for Small Business Owners or Owner-Occupants.
Property is new construction or fully renovated.
The property is described as fully renovated and turnkey, featuring a new roof and solar panels. Despite its 1938 original build date, the listing highlights extensive recent renovations that meet the criteria for excellent condition, with all major components updated to current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 856.
The property is designated for both residential and commercial use, providing a unique opportunity for business owners to operate from home or for investors to maximize rental yield.
With a generous 11,326 square foot lot, there is significant room for physical expansion, the addition of an ADU, or ample parking for commercial purposes.
At only 856 square feet with a 2-bedroom, 1-bathroom configuration, the living space may be too restrictive for larger families or those needing more interior utility.
The requirement to assume a $220 monthly solar panel lease adds a fixed recurring expense that may affect a buyer's monthly debt-to-income ratio and overall affordability.
Originally built in 1938, the property may have underlying infrastructure or foundational characteristics typical of older homes that renovations might not fully address.
This fully renovated single-story residential and commercial property offers ample space for expansion and is ideally located downtown, just minutes away. A true must-see gem. Solar panels are leasing together with a new roof. the new roof seller can pay in full at the COE. the leasing of the panels is $220 a month.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 856 | 2,194 | 2% |
| Lot Size | 11,326 | 10,890 | 50% |
| Price | $459.9K | $635.0K | 10% |
| Price per sq ft | $537 | $311 | 97% |
| Built year | 1938 | 2005 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 179 | 27% |
Jan 5, 2026
$459,900
Initial Listing
Aug 9, 2021
$325,000
Public Record
Feb 20, 2003
$99,500
Public Record