20646 Markham, Perris, California 92570, Perris, 92570 - 4 bed, 2 bath
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Perris, California 92570
Analysis of 20646 Markham, Perris, California 92570 is currently available with a list price of $1,881,688. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1953, this property is over 70 years old. The MLS listing explicitly notes its 'Advanced Age & Potential for Updates' and states it will 'likely requiring substantial investment in modernizing systems, infrastructure, and aesthetics.' Crucially, there are no interior photos provided, especially of the kitchen or bathrooms, which strongly suggests these key areas are in very poor, outdated condition, likely requiring complete renovation. The exterior images show an older, modest home and dilapidated greenhouses, indicating a general lack of recent maintenance and significant deferred repairs. The property requires substantial rehabilitation to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 211266, living area = 1913.
The property features a substantial 4.85-acre lot (211,266 sqft), providing exceptional privacy, outdoor potential, and room for expansion or agricultural pursuits.
With 4 bedrooms and 1913 sqft, the home offers a generous floor plan suitable for families or those requiring multiple living spaces.
The current list price of $1.88 million is nearly double the property's sale price of $950,000 just six months prior, raising serious concerns about its market competitiveness and valuation.
Built in 1953, the home is over 70 years old, likely requiring substantial investment in modernizing systems, infrastructure, and aesthetics to meet contemporary buyer demands.
The property is noted as having 'None' for views, which, coupled with its elevated price point, diminishes its overall appeal and perceived value compared to competing properties.
Exceptional opportunity in Perris. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,913 | 2,194 | 33% |
| Lot Size | 211,266 | 10,890 | 98% |
| Price | $1.88M | $635.0K | 99% |
| Price per sq ft | $984 | $311 | 99% |
| Built year | 1953 | 2005 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 167 | 179 | 43% |
Nov 6, 2025
$1,881,688
Initial Listing
Apr 11, 2024
$950,000
Public Record
Jun 16, 2000
$140,000
Public Record
Jan 16, 1996
$150,000
Public Record