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 $625,000. 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.
The listing explicitly states 'Value in the Land,' signaling the 1999 manufactured home is in sub-par condition. Exterior images show significant deferred maintenance and cracked pavement; at over 25 years old, the structure likely has original, outdated systems and requires a full rehab to meet modern standards.
Zoned RC-VIDR in a high-growth logistics hub, this property offers significant upside for investors or developers looking to capitalize on the Inland Empire's industrial expansion.
The 37,026 sq ft flat lot provides exceptional flexibility for equipment storage, RV parking, or business use, complemented by an existing steel workshop building.
Situated near the I-215 and major distribution networks, the property is perfectly positioned to benefit from the area's increasing demand for commercial and industrial space.
The primary residence is a 1999 manufactured home, which may limit traditional financing options and may be viewed as a teardown for those seeking to maximize the land's value.
At $700,000, the price reflects the land's development potential rather than the residential structure, which may deter standard residential buyers looking for a move-in ready home.
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. 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.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,736 | 2,614 | 33% |
| Lot Size | 37,026 | 5,227 | 67% |
| Price | $625.0K | $625.0K | 50% |
| Price per sq ft | $360 | $235 | 67% |
| Built year | 1999 | 1928 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 143 | 33% |
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