23390 Forrest, Perris, California 92570, Perris, 92570 - 8 bed, 3 bath
23390 Forrest
Perris, California 92570
Property Price
SUMMARY
Analysis of 23390 Forrest, Perris, California 92570 is currently available with a list price of $449,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1962, this property is 62 years old with no apparent major renovations in the past 50 years. The images reveal a very dated manufactured home with basic, un-updated interiors and unlandscaped surroundings. The absence of kitchen and bathroom photos strongly suggests these critical areas are in extremely poor and outdated condition, likely requiring full replacement. The listing description itself emphasizes 'land value, income potential, and upside' and 'redevelopment possibilities,' indicating that the primary value lies in the land rather than the existing structures. While technically livable, the structures are well past their functional and aesthetic lifespan, aligning with the 'tear-down' criteria where the property's value is based solely on the land and its potential for redevelopment.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
A rare duplex opportunity offering two separate living units, ideal for investors or owner-occupants seeking rental income in an area with strong rental demand.
- Expansive Lot & Land Value
Situated on a substantial 42,253 sqft parcel, providing significant land value and ample outdoor space.
- Versatile Living Arrangements
Offers flexibility for multi-generational living, owner-occupancy with rental income, or a pure investment portfolio addition.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2286, other record living area = 1186. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 3.
- Property Age
Built in 1962, the property may require updates to systems and aesthetics to meet modern standards and tenant expectations.
- Extensive Buyer Due Diligence
The listing explicitly states that the buyer must verify all information, including zoning and permitted uses, suggesting potential complexities or unconfirmed details.
About 23390 Forrest
Welcome to a rare duplex opportunity offering flexibility, space, and long-term potential. Situated on an expansive lot, this property features two separate living units ideal for investors, multi-generational living, or owner-occupants seeking rental income. Each unit offers generous bedroom counts and functional layouts, providing versatility for a variety of living arrangements. The property sits on a large parcel with ample outdoor space, presenting potential for future enhancements or reconfiguration, subject to buyer verification. With strong rental demand in the area, this property offers an attractive combination of land value, income potential, and upside. Whether you’re looking to live in one unit and rent the other, add to your investment portfolio, or explore redevelopment possibilities, this is a compelling opportunity. Buyer to verify all information including square footage, unit count, zoning, and permitted uses.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1962
- Lot Size
- 42,253 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | - | 67% |
| Baths | 3.0 | - | 67% |
| Square foot | 2,286 | 2,272 | 67% |
| Lot Size | 42,253 | 8,712 | 67% |
| Price | $449.0K | $449.0K | 50% |
| Price per sq ft | $196 | $238 | 33% |
| Built year | 1962 | 1958 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 143 | 33% |
Pricing History
Listed for Sale
Jan 26, 2026
$449,000
Initial Listing