
Perris, California 92571
This Spacious Two-Story Residence is a High-Potential Investment Opportunity, listed at $518,888—positioned well below the $578,653 Fair Market Value by 10%. This valuation gap offers $59,765 in Instant Equity for buyers. The home features a Good Condition Rating with an updated interior including Luxury Vinyl Plank Flooring and Granite Countertops. Boasting scenic Mountain Views and proximity to the Perris Union High District, this property balances lifestyle comfort with financial upside. It is ideal for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 Mildred Subject | $518,888* List Price | 4 | 3 | 1,998 | $290 | - |
A 1081 Mako Sold | $535,000 | 4 | 3 | 1,987 | $269 | 0.3 mi |
B 662 Spinnaker Sold | $521,000 | 3 | 3 | 1,800 | $289 | 1.0 mi |
C 1443 Remembrance Drive Sold | $515,000 | 4 | 3 | 1,749 | $294 | 0.2 mi |
D 1529 Arrow Creek Dr Sold | $472,000 | 4 | 3 | 2,132 | $221 | 0.3 mi |
E 661 Corte San Julian Sold | $515,000 | 4 | 3 | 2,216 | $232 | 0.2 mi |
F 509 Granite View Sold | $502,000 | 4 | 3 | 1,650 | $304 | 1.0 mi |
G 338 Mildred Active Under Contract | $499,999 List Price | 4 | 3 | 1,998 | $250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant recent cosmetic updates, including new luxury vinyl plank flooring and fresh neutral paint throughout. The kitchen features updated granite countertops and a modern stainless steel range, though it retains the original 1991 oak cabinetry and fluorescent light box. While the bathrooms and some fixtures are dated, they appear well-maintained. The backyard is currently unfinished dirt, but the interior's turn-key condition meets the criteria for a 'good' rating.
With nearly 2,000 sq ft and four bedrooms, this home provides a functional and spacious layout ideal for growing families or multi-generational living.
The property boasts pleasant views of the surrounding mountains and neighborhood greenery, enhancing the overall ambiance and curb appeal.
Situated in a quiet neighborhood with easy access to major commuter routes, schools, and shopping, offering a balance of tranquility and convenience.
The property was recently sold within the past year on 2025-09-15. The sold price is $399,000.00. The property was recently sold within the past year on 2025-09-12. The sold price is $345,000.00.
Built in 1991 and marketed as 'ready for customization,' the home likely requires modern interior updates and landscaping to reach its full market potential.
The 4,792 sq ft lot is relatively compact for a home of this size, which may restrict significant outdoor additions or large-scale backyard entertaining.
Spacious 4-bedroom, 2.5-bath home offering nearly 2,000 sq ft of comfortable living space in a quiet Perris neighborhood. Built in 1991, this residence features a functional two-story layout with generous living and dining areas, ideal for both everyday living and entertaining. The home includes a bright kitchen with ample cabinetry, a welcoming living room with fireplace, and well-sized bedrooms including a private primary suite. Situated on a sizable lot with a backyard ready for customization, this property offers excellent potential for outdoor living or future improvements. Additional highlights include an attached 2-car garage and convenient access to nearby schools, shopping, and major commuter routes. A great opportunity for homeowners or investors seeking value and space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,998 | 2,118 | 44% |
| Lot Size | 4,792 | 6,526 | 36% |
| Price | $518.9K | $572.5K | 34% |
| Price per sq ft | $260 | $276 | 37% |
| Built year | 1991 | 2005 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 184 | 1% |
Apr 2, 2026
$518,888
Initial Listing
Sep 15, 2025
$399,000
Public Record
Sep 12, 2025
$345,000
Public Record
Mar 11, 2009
$120,000
Public Record
Nov 15, 2005
$350,000
Public Record