22540 Markham Street, Perris, California 92570, Perris, 92570 - 0 bed, 0 bath
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Perris, California 92570
Analysis of 22540 Markham Street, Perris, California 92570 is currently available with a list price of $599,999. 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 1999, the manufactured home is approximately 25 years old. Although the age falls within the 'Fair' range, the listing explicitly states 'Value in the Land' and focuses on industrial redevelopment, indicating the structure has significant deferred maintenance and likely requires major rehab or removal to reach the site's highest and best use.
The property features a massive 37,026 sq ft flat lot with RC-VIDR zoning, offering exceptional flexibility for future development, expansion, or mixed-use projects in a high-growth corridor.
Equipped with a functional steel building and ample usable land, the site is perfectly suited for a workshop, business storage, heavy equipment, or recreational vehicle use.
Situated in the rapidly expanding Inland Empire near the I-215, the property is positioned within a major industrial and distribution hub, ensuring strong long-term land value.
As a 1999 manufactured home where the primary value is placed on the land, the residential structure may limit financing options and appeal for traditional home seekers.
With 86 days on the market and a significant $75,000 price reduction, the property has struggled to gain traction, suggesting initial overvaluation or niche buyer demand.
Value in the Land - Zoned RC-VIDR - Spacious manufactured home on a 37,026 sq ft lot offering exceptional flexibility and future potential. Features 3 bedrooms, 2 bathrooms, and approx. 1,736 sq ft of living space. Enjoy usable, flat land ideal for animals, equipment, RVs, or recreational use. Property includes a steel building, perfect for storage, workshop, or business use. Currently trying to sell with 18420 Decker, the photos reflect both properties. Located in the rapidly expanding Inland Empire, Perris has become a growing logistics and industrial hub, driven by its proximity to major transportation corridors including the I-215 and regional distribution networks. Multiple large-scale industrial and commercial developments are actively underway throughout the city, further supporting long-term growth and demand in the area. This property presents a unique opportunity for investors, owner-users, or developers seeking usable land in a high-growth corridor. Potential to purchase with adjacent property at 18420 Decker Rd for expanded development possibilities.
No exterior & parking available.
No sensitive facilities data found.
Jul 18, 2026
$599,999
$625,000
-4% Price Drop
Initial Listing
May 26, 2026
$625,000
$700,000
-11% Price Drop
Initial Listing
Apr 22, 2026
$700,000
Initial Listing
Mar 30, 1998
$1,000
Public Record