
Perris, California 92571
This Value-Add Residential Asset is listed at $499,000, offering a stable price point compared to its $468,521 Fair Market Value. Currently holding a Fair Condition Rating, the 1990-built home features original finishes and deferred landscaping, providing a prime canvas for modernization. The property’s strengths lie in its 4-bedroom functional layout and oversized 8,712 sqft lot situated on a private cul-de-sac. Located near Riverside Unified schools, this home is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity in a high-demand commuter hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2607 Ferdinand Court Subject | $499,000* List Price | 4 | 2 | 1,593 | $294 | - |
A 1826 Avenida San Sebastian Sold | $509,000 | 4 | 2 | 1,489 | $342 | 1.0 mi |
B 2070 Dayflower Court Sold | $512,000 | 4 | 2 | 1,636 | $313 | 0.9 mi |
C 421 Lisbon Street Sold | $514,500 | 3 | 2 | 1,520 | $338 | 0.3 mi |
D 2820 Lake View Sold | $540,000 | 3 | 2 | 1,645 | $328 | 0.3 mi |
E 675 Camelia Drive Sold | $465,000 | 3 | 2 | 1,350 | $344 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 34-year-old property falls within the 25-40 year range for 'fair' condition with no evidence of major recent renovations. Images reveal dated features such as older tile flooring, original-style fixtures, and an exterior that shows signs of neglect and deferred landscaping maintenance. While functional, the home requires cosmetic updates and modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1593.
Situated on a quiet cul-de-sac, this property offers enhanced privacy and significantly reduced through-traffic, making it an ideal and safe environment for families.
The expansive 8,712 square foot lot provides ample space for outdoor entertaining, gardening, or the potential addition of an Accessory Dwelling Unit (ADU).
Built in 1990, the property may require cosmetic updates or system modernizations to align with contemporary aesthetic and energy-efficiency standards.
The property is specifically noted as having no views, which may be a competitive disadvantage compared to other homes in the Riverside County area that offer hillside or city light vistas.
Welcome to a charming home located on a quiet cul-de-sac in the heart of Perris. This property offers a functional floor plan with comfortable living spaces and natural light throughout. The kitchen provides ample cabinetry and counter space, opening to the main living and dining areas—ideal for everyday living. Bedrooms are generously sized, with the primary suite offering privacy and comfort. The backyard offers room for outdoor enjoyment, entertaining, or future customization. Conveniently located near schools, parks, shopping, and commuter access. A great opportunity for homeowners or investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,593 | 2,111 | 27% |
| Lot Size | 8,712 | 6,534 | 83% |
| Price | $499.0K | $570.0K | 22% |
| Price per sq ft | $313 | $277 | 66% |
| Built year | 1990 | 2005 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 184 | 5% |
Feb 9, 2026
$499,000
Initial Listing
Aug 20, 2018
$300,000
Public Record
Jan 30, 2007
$343,000
Public Record
Dec 30, 2005
$388,000
Public Record