
Perris, California 92570
This Turnkey Hybrid Property is a High-Potential Investment Opportunity, listed at $559,000—positioned well below the $569,184 Fair Market Value by 1.8%. This valuation gap offers $10,184 in Instant Equity. Featuring a Condition Rating of 2, the home includes a permitted 2-bedroom ADU, solar panels, and modern interior finishes. Its unique layout provides significant rental income potential or multigenerational flexibility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with built-in wealth-building capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1893 Loma Bonita Subject | $559,000* List Price | 6 | 3 | 1,800 | $309 | - |
A 221 W 10th Sold | $489,000 | 4 | 3 | 1,579 | $310 | 0.9 mi |
B 1315 Plaza Way Sold | $535,000 | 4 | 3 | 2,150 | $249 | 0.9 mi |
C 501 Redding Way Active | $599,000 List Price | 4 | 4 | 1,868 | $321 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1990, the property has undergone a comprehensive recent remodel. The kitchen features modern white cabinetry and stainless steel appliances, bathrooms have been beautifully updated with contemporary tile and glass enclosures, and luxury vinyl flooring is present throughout. The inclusion of solar panels and a highly maintained exterior with artificial turf suggests the home is in mint condition with no immediate maintenance required.
The property includes a permitted garage-converted ADU with 2 bedrooms and 1 bathroom, providing an excellent opportunity for rental income or multigenerational living.
Equipped with solar panels and artificial turf, the home offers significant long-term savings on utility bills and reduced landscaping upkeep.
The residence features modern upgrades including luxury vinyl flooring and beautifully remodeled bathrooms, reflecting high pride of ownership and move-in readiness.
Because the garage has been converted into an ADU, the property lacks traditional covered parking and enclosed storage for vehicles or equipment.
Fitting 6 bedrooms into 1,800 square feet suggests that individual room sizes and common living areas may feel cramped compared to standard layouts.
What an opportunity this is! You cannot find anything this large for this price in all of Riverside County. Whether you have a growing family, a multigenerational living situation, or are looking for additional income, look no further than this super clean and remodeled 4 bedroom / 2 bathroom + a garage converted ADU with 2 bedrooms / 1 bathroom AND SOLAR! The home is in amazing condition, the owners have real pride. The home has tile and luxury vinyl flooring throughout. The bathrooms were remodeled beautifully and will make you proud to call this your home. Enjoy the spacious backyard for entertaining with the built-in covered barbeque and the patio cover that stretches the entire rear of the home. Artificial turf saves utility costs, but the solar takes your savings a step further. This NO HOA neighborhood is extremely quiet and backs up to vacant land. If you don't need all 6 bedrooms, you can rent out the ADU to cut your mortgage down. This is a great introduction to growing your wealth as an investor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,800 | 1,916 |
| Lot Size | 8,276 | 7,016 |
| Price | $559.0K | $583.5K |
| Price per sq ft | $311 | $293 |
| Built year | 1990 | 1997 |
| HOA | $0 | $99 |
| Days on market | 41 | 67 |
Jun 11, 2026
$559,000
Initial Listing
Dec 17, 2021
$475,000
Public Record
Oct 12, 2016
$170,000
Public Record
May 20, 2009
$110,000
Public Record
Jun 23, 2004
$229,000
Public Record
Jul 1, 1998
$59,000
Public Record