22761 Cajalco, Perris, California 92570, Perris, 92570 - 3 bed, 1 bath
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Perris, California 92570
Analysis of 22761 Cajalco, Perris, California 92570 is currently available with a list price of $5,500,000. 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 property was built in 1991 (33 years ago) and shows no evidence of recent renovations or updates. The listing is marketed primarily for its 5-acre land value and industrial zoning potential rather than the residential structure. The absence of interior photos and the cluttered, industrial appearance of the site in aerial imagery suggest the home requires substantial rehabilitation and is likely in a state of significant deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 1912.
The property is situated in a high-growth corridor with future potential for light industrial zoning, making it a prime target for strategic investors and developers.
Featuring 5 acres of entirely flat and usable land, this parcel offers maximum flexibility for large-scale construction or industrial expansion projects.
The $5.5 million list price is significantly higher than traditional residential values, requiring a buyer who can justify the cost based on future commercial conversion.
Currently zoned as residential, any industrial development is contingent upon successful navigation of local planning changes and rezoning approvals.
5 acres of flat usable land, potential property on Cajalco Rd, in growing Perris area. The property is currently zoned for residential use, in addition, the area is undergoing planning and development changes, with future potential for light Industrial zoning, making this parcel especially attractive for investors and developers. Conveniently located near major highways including I-215 and Highway 74, the property offers easy access and strong visibility in a corridor experiencing rapid growth and industrial expansion.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 1,912 | 2,194 | 34% |
| Lot Size | 217,800 | 12,210.5 | 98% |
| Price | $5.50M | $635.4K | 99% |
| Price per sq ft | $2.9K | $311 | 99% |
| Built year | 1991 | 2005 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 183 | 1% |
Apr 2, 2026
$5,500,000
Initial Listing
Oct 26, 2001
$193,500
Public Record