18373 Avenue D, Perris, California 92570, Perris, 92570 - 3 bed, 1 bath
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Perris, California 92570
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $639,900—positioned above the $619,908 Fair Market Value. While the property is priced slightly above market, its Condition Rating of 4 and nearly one-acre lot offer significant long-term upside. Featuring recent cosmetic updates and a detached workshop, the property provides a functional base for expansion. This asset is ideal for Buy-and-Hold Investors seeking land value or Owner-Occupants looking to cultivate a private ranch lifestyle in the Val Verde district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18373 Avenue D Subject | $639,900* List Price | 3 | 1 | 1,006 | $616 | - |
A 18951 Avenue B Pending | $679,000 List Price | 3 | 2 | 1,320 | $514 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 61 years old (built 1963) but has received recent cosmetic updates including new vinyl flooring, fresh interior/exterior paint, and a mini-split HVAC system. While move-in ready, it remains dated with popcorn ceilings and a single bathroom for three bedrooms. The listing's emphasis on 'land value' and 'potential' suggests the structure is functional but secondary to the nearly one-acre lot.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42689, living area = 1006.
Situated on nearly one acre of usable land, this property offers significant potential for a ranch lifestyle, animal keeping, or future structural expansion.
The home features fresh interior and exterior paint, new vinyl flooring, and a new garage door, providing a clean and updated aesthetic for immediate occupancy.
With only one bathroom serving three bedrooms, the layout may be restrictive for larger families or those seeking modern convenience.
The interior living area is relatively small at 1,006 square feet, which may require an extension or creative use of space to maximize the property's footprint.
Want space? Endless Possibilities on Nearly an Acre – Create Your Dream Ranch Lifestyle! Welcome to a rare opportunity in Perris, CA - where space, freedom, and potential come together. Situated on nearly one acre of usable land, this property is perfect for those looking to build their dream ranch, expand, or invest in land value with long-term upside. The existing home offers 3 bedrooms, 1 bathroom, a spacious living area, and a large kitchen—providing a comfortable starting point while you bring your vision to life. Recent updates include fresh interior and exterior paint, new vinyl flooring, and a new garage door. The garage has washer and dryer hook ups and a side covered entry access. The property also includes a detached work shed with electricity and water (non-conforming)—perfect for a workshop, storage, or creative space. Whether you're looking to create a private ranch, invest in land, or design your forever home, this is your chance to own a piece of land with so much potential in a growing area. Seller and listing agent are related thru family relatives.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,006 | 2,174 | 6% |
| Lot Size | 42,689 | 13,068 | 65% |
| Price | $639.9K | $625.0K | 53% |
| Price per sq ft | $636 | $319 | 98% |
| Built year | 1963 | 2002 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 158 | 2% |
May 12, 2026
$639,900
Initial Listing
Nov 30, 2010
$75,000
Public Record
Jun 8, 2005
$350,000
Public Record
May 25, 1994
$87,000
Public Record