1893 Loma Bonita, Perris, California 92570, Perris, 92570 - 3 bed, 2 bath
1893 Loma Bonita
Perris, California 92570
Property Price
SUMMARY
Analysis of 1893 Loma Bonita, Perris, California 92570 reveals a property with a current list price of $550,000, which is 4% above the estimated $526,075 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Perris Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1893 Loma Bonita Subject | $550,000* List Price | 3 | 2 | 1,417 | $371 | - |
A 2031 Yucateca Street Sold | $499,900 | 3 | 2 | 1,417 | $353 | 0.0 mi |
B 221 W 10th Sold | $489,000 | 4 | 3 | 1,579 | $310 | 0.9 mi |
C 154 E 11th Street Active | $520,000 List Price | 3 | 2 | 1,423 | $365 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1990, this property shows signs of recent updates, particularly in the bathroom which features modern tiling and a sliding glass shower door. The hallway has updated recessed lighting, and the backyard includes artificial turf, indicating improvements within the last 5-8 years, aligning with the 'Good' criteria for extensive renovations. While the main living area's tiled flooring appears dated, it is clean and well-maintained. The absence of kitchen images prevents a full assessment of that area, but based on other visible updates, the property is considered move-in ready with functional systems and some modern touches, though not a complete, top-to-bottom renovation.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 8276, living area = 1417.
- Generous Lot Size
The property boasts a substantial lot size of 8,276 sqft, offering ample outdoor space for landscaping, recreation, or potential expansion.
- Recent Price Adjustment
The current list price of $550,000 reflects a recent reduction from the original $570,000, indicating seller motivation and a potentially more competitive offering.
CONSRISKS & DEFICIENCIES
- Lack of Desirable Views
The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or premium outlooks.
- Multiple Price Reductions
The listing has undergone two price reductions since its original listing, potentially signaling initial overpricing or a longer time on the market, which could raise buyer concerns.
- Potential for Updates
Built in 1990, the home may require modernization or upgrades to interior finishes and systems to meet contemporary buyer preferences and compete with newer constructions.
About 1893 Loma Bonita
Exceptional opportunity in Perris. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,417 | 2,287 | 16% |
| Lot Size | 8,276 | 9,365.5 | 48% |
| Price | $550.0K | $627.0K | 24% |
| Price per sq ft | $388 | $307 | 80% |
| Built year | 1990 | 2005 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 203 | 13% |
Pricing History
Listed for Sale
Feb 7, 2026
$550,000
$565,990
-3% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$565,990
$570,000
-1% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$570,000
Initial Listing
Sold
Dec 17, 2021
$475,000
Public Record
Sold
Oct 12, 2016
$170,000
Public Record
Sold
May 20, 2009
$110,000
Public Record
Sold
Jun 23, 2004
$229,000
Public Record
Sold
Jul 1, 1998
$59,000
Public Record