217 E 5th Street, Perris, California 92570, Perris, 92570 - 7 bed, 5 bath
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Perris, California 92570
Analysis of 217 E 5th Street, Perris, California 92570 is currently available with a list price of $749,000. 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.
Property is move-in ready.
Built in 2004, the property is 20 years old and remains in well-maintained, move-in ready condition. The kitchen features updated solid-surface countertops and a modern tile backsplash, though it retains original oak cabinetry. Bathrooms and flooring are functional but dated, aligning with the 10-20 year criteria for a 'Good' rating.
The property features a fully permitted, detached 3-bedroom, 2-bathroom ADU, providing a rare opportunity for significant rental income or a perfect setup for multigenerational living.
Built in 2004, this home offers more contemporary building standards and systems compared to older inventory in the area, likely reducing immediate maintenance and renovation costs.
With a combined total of 8 bedrooms and 5 bathrooms across two structures, the property offers exceptional flexibility for large families or investors seeking high-density rental yields.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3147, other record living area = 2022. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
The 7,405 sqft lot is heavily occupied by the two large residential structures, which may result in restricted private yard space and limited outdoor amenities for residents.
Located in Perris, the property is situated in an inland market that may experience different appreciation trajectories and demand levels compared to primary coastal California regions.
Welcome to this exceptional property in the heart of Perris featuring a spacious 5-bedroom, 3-bathroom single-family home plus a legal detached 3-bedroom, 2-bathroom ADU! The main residence is move-in ready and offers an abundance of versatile living space, perfect for large families, multigenerational living, or those seeking extra room for a home office or entertainment area. The fully permitted detached ADU provides incredible flexibility and income potential with its own 3 bedrooms and 2 bathrooms — ideal for rental income, extended family, or guest accommodations. This unique property offers a rare combination of size, functionality, and investment opportunity all in one. Whether you are looking for owner-occupancy with supplemental income or a strong long-term rental opportunity, this property checks all the boxes. Don’t miss your chance to own this versatile and income-producing property with endless possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 5.0 | 50% |
| Baths | 5.0 | 3.5 | 50% |
| Square foot | 3,147 | 2,467.5 | 75% |
| Lot Size | 7,405 | 84,070.797 | 25% |
| Price | $749.0K | $724.5K | 50% |
| Price per sq ft | $238 | $287 | 25% |
| Built year | 2004 | 1977 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 185 | 25% |
May 5, 2026
$749,000
Initial Listing
Jan 21, 2009
$155,000
Public Record
Aug 15, 2006
$385,000
Public Record
Nov 23, 2004
$285,000
Public Record
Jul 23, 2003
$18,000
Public Record