311 Red Pine Place, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath
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Perris, California 92570
This Entry-Level Residential Asset is listed at $390,000, representing a stable entry point relative to its $358,166 Fair Market Value. Currently holding a Fair Condition Rating, the property offers a distinct Value-Add Opportunity for those ready to perform a Kitchen Modernization and address the Aging Infrastructure typical of its 1985 construction. The efficient 870 sqft floor plan is enhanced by an Attached Garage and a Private Backyard near the 215 freeway. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional Southern California home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Red Pine Place Subject | $390,000* List Price | 2 | 1 | 870 | $412 | - |
A 372 Red Cedar Sold | $395,000 | 2 | 2 | 900 | $439 | 0.1 mi |
B 1704 Sycamore Street Sold | $380,000 | 2 | 1 | 870 | $437 | 0.1 mi |
C 342 Red Pine Active Under Contract | $365,000 List Price | 2 | 2 | 1,009 | $362 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is nearly 40 years old. The listing explicitly states the 'kitchen space ready for your personal touch' and the AI analysis notes 'Kitchen Requires Modernization' and 'Aging Infrastructure' as weaknesses. The exterior image shows a home that appears to be its age, with some visible deferred maintenance in the yard. While functional, it clearly requires updates, particularly in the kitchen, and potential future investment in aging systems, aligning with the 'Fair' condition criteria.
Priced at $390,000, this single-family home offers a highly competitive and accessible entry point into the Southern California real estate market, appealing to first-time buyers or budget-conscious investors.
The property boasts a prime location with convenient access to the 215 freeway, local shopping centers, and schools, enhancing daily convenience and potential for appreciation.
Described as an ideal addition to a rental portfolio, the property's historical sales data indicates significant appreciation over time, suggesting strong investment potential in the area.
With only 870 square feet, 2 bedrooms, and 1 bathroom, the property offers limited living space, which may not suit larger families or buyers desiring more expansive accommodations.
The description indicates the kitchen is 'ready for your personal touch,' suggesting it likely requires significant updates and investment to meet contemporary standards and preferences.
Built in 1985, the home is nearly 40 years old, which may imply the need for future maintenance or upgrades to aging systems such as plumbing, electrical, HVAC, or roofing.
Cozy 2-bedroom, 1-bathroom residence located in a peaceful Perris neighborhood. Spanning 870 square feet of efficient living space, this home offers a bright and functional floor plan that maximizes every inch. The inviting living area leads into a kitchen space ready for your personal touch. The property sits on a 3,485 square foot lot, providing a private backyard space that is easy to maintain while still offering room for outdoor dining or a garden. With an attached garage and a prime location near the 215 freeway, local shopping, and schools, this home is an ideal entry point into the Southern California market or a smart addition to a rental portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 870 | 2,194 | 4% |
| Lot Size | 3,485 | 10,019 | 3% |
| Price | $390.0K | $635.0K | 4% |
| Price per sq ft | $448 | $311 | 92% |
| Built year | 1985 | 2005 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 179 | 15% |
Jan 26, 2026
$390,000
Initial Listing
May 3, 2012
$86,000
Public Record
Jul 13, 2011
$65,000
Public Record
Dec 7, 2007
$155,000
Public Record
Oct 11, 2001
$77,000
Public Record
Jun 30, 1995
$31,000
Public Record