RealKey
‪(213) 433-7766‬

18510 Brown Street, Perris, California 92570, Perris, 92570 - 3 bed, 2 bath

18510 Brown Street, Perris, California 92570 home-pic-0
ACTIVE$700,000
18510 Brown Street, Perris, California 92570
3Beds
2Baths
1,964Sqft
40,946Lot
Year Built
1989
Close
-
List price
$700K
Original List price
$750K
Price/Sqft
$356
HOA
-
Days on market
-
Sold On
-
MLS number
PW25094463
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 3 Cons,6 Pros. Rank: price - $700.0K(71th), sqft - 1964(38th), beds - 3(34th), baths - 2(43th).

Charming and full of potential, this 3-bedroom, 1-bath home in the heart of Perris, CA offers a unique opportunity to create your dream ranch lifestyle. Situated on a desirable corner lot, the property includes an attached guest house—added by the owner—featuring its own kitchenette, bathroom, and walk-in closet, perfect for extended family or rental income. With ample space to raise horses, chickens, and goats, this property blends rural charm with city convenience. Whether you're looking to expand, invest, or simply enjoy a peaceful lifestyle, this versatile home is ready to become your personalized ranch retreat.

Condition Rating
Fair
The property was built in 1989, making it 35 years old. While some areas like the living room and dining room feature newer laminate flooring, the overall aesthetic, particularly the main house bathroom with its dated vanity, basic light fixture, and shower/tub combo, suggests it is functional but outdated. The bold paint colors in the main living areas also contribute to an aged feel. The guest house kitchenette is basic with simple white cabinets and portable appliances. The listing description itself implies a need for updates, stating it's 'full of potential' and an opportunity to 'create your dream,' indicating it's not move-in ready with modern finishes. It requires minor updates to modernize.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40946, living area = 1964.
Attached Guest House: The property includes an attached guest house with its own kitchenette, bathroom, and walk-in closet, offering excellent potential for extended family living or rental income.
Expansive Lot Size & Ranch Potential: Situated on a generous 40,946 sqft corner lot, the property provides ample space for a ranch lifestyle, including raising horses, chickens, and goats, appealing to niche buyers.
Desirable Corner Lot: The property's location on a desirable corner lot enhances curb appeal, offers increased privacy, and potentially better access.
Mountain Views: The presence of mountain views adds to the property's aesthetic appeal and overall desirability.
Versatility & Investment Opportunity: Described as 'charming and full of potential,' this home offers significant versatility for expansion, investment, or creating a personalized ranch retreat.

Cons

Significant Valuation Discrepancy: The current list price of $700,000 is substantially higher than the estimated property value of $379,490.615, which may indicate overpricing or a challenge in justifying the value to potential buyers.
Limited Main House Bathrooms: The main 3-bedroom home features only one bathroom, which can be a significant functional drawback for families and may require future renovation to add value.
Implied Need for Updates/Renovations: The description emphasizes 'potential' and the opportunity to 'create your dream,' suggesting the property is not move-in ready and will require additional investment for updates and modernization.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state