
Perris, California 92570
This Development-Ready Victorian Asset is listed at $640,000, a price reflecting the unique utility of its rare R-3 Zoned Double Lot. Although the list price exceeds the $530,614 Fair Market Value, the nearly 14,000 square foot lot provides massive upside for building a duplex or ADUs. Currently holding a Fair Condition Rating, the 1932 home features a Pool and Spa, Mountain Views, and sits within the Perris Union High district. This property serves as a strategic acquisition for Developers or Multi-generational Buyers looking to maximize land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 239 W 7th Street Subject | $640,000* List Price | 3 | 2 | 1,656 | $302 | - |
A 144 Kruse Street Sold | $505,000 | 4 | 2 | 1,723 | $293 | 0.7 mi |
B 591 W 3rd Active | $580,000 List Price | 3 | 2 | 1,404 | $413 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1932, retains significant original character and has a newer HVAC system. However, the kitchen features dated mint-green cabinets, older appliances (mixed black and stainless), and basic tile countertops/backsplash, suggesting a renovation from 15-30 years ago. The bathrooms are also notably dated, with one featuring a black toilet and older vanity, and the other a traditional but not modern vanity. While functional and well-maintained, these key areas show clear signs of being outdated and would require substantial updates for a contemporary aesthetic, aligning with the 'fair' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13938, living area = 1656.
Situated on a rare R-3 zoned double lot totaling nearly 14,000 square feet, this property offers significant investment potential for building a duplex, ADUs, or a second single-family home.
A timeless 1932 Victorian gem, the home boasts lovingly preserved rich architectural details, coved ceilings, period moldings, and original character.
As a 1932 Victorian home, despite preserved character, the property may require ongoing maintenance and potential updates to older systems (e.g., plumbing, electrical) not explicitly mentioned as upgraded.
The significant development potential (duplex, ADUs) is contingent on 'buyer to verify with city,' which implies potential complexities, costs, and time for due diligence and municipal approvals.
While architectural character is preserved, the description does not highlight modern updates to key interior areas like the kitchen or bathrooms, which may be a consideration for buyers seeking contemporary finishes.
Introducing the Mabel Merritt House, a timeless 1932 Victorian gem that blends vintage elegance, modern comfort, and investment potential — all set on a rare R-3 zoned double lot totaling nearly 14,000 square feet. This is more than just a home — it's an opportunity to build, expand, and create value in one of Perris’ most exciting development zones. Two legal parcels provide incredible potential to build a duplex, ADUs, or even a second single-family home (buyer to verify with city). Whether you’re an investor, developer, or a buyer looking to create a multi-generational compound, this property checks all the boxes. Inside, you'll find 3 spacious bedrooms, 2 full bathrooms, and 1,656 square feet of warm, inviting living space. Rich architectural details — coved ceilings, period moldings, and original character — have been lovingly preserved, while thoughtful upgrades like a newer HVAC system ensure year-round comfort. A sun-drenched enclosed sunroom offers the perfect space for morning coffee, reading, or a home office. Step outside to your own private resort-style backyard, complete with a sparkling pool, jacuzzi, and a gazebo ideal for entertaining or relaxing under the stars. There's ample parking, rear access via alley, and an oversized detached 2-car garage — plus space for RVs, trailers, or work trucks. Located just minutes from shopping, dining, schools, parks, and the Metrolink station, the Mabel Merritt House provides character, flexibility, and growth potential — all wrapped in a piece of Southern California history. Don’t miss this rare chance to own a home with soul, space, and serious upside. Schedule your private showing today!
No exterior & parking available.
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| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,656 | 2,194 | 19% |
| Lot Size | 13,938 | 10,890 | 54% |
| Price | $640.0K | $635.0K | 52% |
| Price per sq ft | $386 | $311 | 80% |
| Built year | 1932 | 2005 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 292 | 180 | 86% |
Jan 3, 2026
$640,000
$650,000
-2% Price Drop
Initial Listing
Aug 27, 2025
$650,000
Initial Listing
Jul 4, 2025
$670,000
Initial Listing