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20434 Myron Street, Perris, California 92570, Perris, 92570 - 3 bed, 3 bath

20434 Myron Street, Perris, California 92570 home-pic-0
ACTIVE$480,000
20434 Myron Street, Perris, California 92570
3Beds
3Baths
1,431Sqft
Lot
Year Built
1958
Close
-
List price
$480K
Original List price
$520K
Price/Sqft
$335
HOA
-
Days on market
-
Sold On
-
MLS number
250045231SD
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,6 Pros. Rank: price - $480.0K(13th), sqft - 1431(18th), beds - 3(34th), baths - 3(50th).

RARE OPPORTUNITY: Main Home and an ADU on private Lot in Perris! 20434 Myron St, Perris, CA | Maine Residence | Total: 4 Beds | 3 Baths | on 0.34 Acres Land Welcome to a truly unique property that delivers both exceptional investment potential and a serene living experience. This is the rare, income-generating opportunity you've been searching for, tucked away on a spacious, fully secured lot. The Investor's Dream: Dual Income Streams Savvy investors will immediately recognize the massive value proposition: One separate, fully functional single-family home and an ADU on one parcel. This setup is ideal for maximizing rental income, providing unparalleled flexibility, and mitigating vacancy risk. Primary Residence (3 Bed, 2 Bath): A sizable home offering ample space for a family, featuring 3 comfortable bedrooms and 2 full bathrooms. This unit provides a strong anchor rental or the perfect primary residence. An ADU (1 Bed, 1 Bath): An ideal companion unit for passive income, multi-generational living, or a home office/studio. This self-contained 1-bedroom, 1-bathroom home is a highly desirable rental unit. First-Time Buyer's Retreat: Privacy and Space- ALL IS SOLD AS-IS For the first-time homeowner looking for a quiet lifestyle or supplemental income, this property offers incredible stability and flexibility. Live in the larger house and rent out the smaller unit to offset your mortgage, or house an extended family member nearby while maintaining complete privacy. NEEDS REPAIRS

Price History

Date
Event
Price
12/16/25
Price Change
$480,000-5.9%
12/11/25
Price Change
$510,000-1.9%
12/05/25
Listing
$520,000
Condition Rating
Poor
Built in 1958, this property explicitly states 'NEEDS REPAIRS' and is 'SOLD AS-IS.' The images confirm a severely outdated condition, with the kitchen featuring original or very old wood cabinets, dated linoleum flooring, and old appliances. The bathroom is particularly concerning with carpeted flooring, extremely old light fixtures, and a dated vanity. The overall property shows significant wear, neglected landscaping, and outdated systems (e.g., wall heater, old roof AC unit), indicating a need for substantial repairs and rehabilitation throughout.
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 = 18730, living area = 1438.
Income-Generating ADU: The property includes a separate, fully functional ADU (1 bed, 1 bath) alongside the main residence, offering significant potential for rental income, multi-generational living, or a dedicated home office.
Spacious & Secured Lot: Situated on a generous 0.34-acre, fully secured lot, providing ample outdoor space, privacy, and potential for further landscaping or development.
Versatile Buyer Appeal: Ideal for both savvy investors seeking dual income streams and first-time homeowners looking to offset mortgage costs or accommodate extended family.
Total Accommodation Capacity: With a combined total of 4 bedrooms and 3 bathrooms across the main home and ADU, it offers substantial living space for various family configurations.
Privacy & Serenity: The large, private lot and separate units contribute to a serene living experience with enhanced privacy for occupants.

Cons

As-Is Condition & Repair Needs: Explicitly stated as 'SOLD AS-IS' and 'NEEDS REPAIRS,' indicating potential for significant immediate and future investment in renovations and maintenance.
Older Property Age: Built in 1958, the property's age suggests potential for outdated systems, infrastructure, and deferred maintenance, which could lead to unexpected repair costs.
Recent Price Reductions: Multiple price drops from the original listing price of $520,000 to $480,000 suggest initial overpricing or challenges in attracting buyers, potentially indicating market resistance to its current condition or value.

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