311 Red Pine Place, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath
311 Red Pine Place
Perris, California 92570
Property Price
SUMMARY
Analysis of 311 Red Pine Place, Perris, California 92570 reveals a property with a current list price of $390,000, which is 6% above the estimated $366,786 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | $422 | - |
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 1917 Teak Street Sold | $435,000 | 3 | 2 | 1,086 | $401 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Affordable Entry Point
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.
- Strategic Location
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.
- Investment Potential
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.
CONSRISKS & DEFICIENCIES
- Limited Living Space
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.
- Kitchen Requires Modernization
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.
- Aging Infrastructure
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.
About 311 Red Pine Place
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 4.0 | 7% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 870 | 2,287 | 3% |
| Lot Size | 3,485 | 9,365.5 | 3% |
| Price | $390.0K | $627.0K | 3% |
| Price per sq ft | $448 | $307 | 93% |
| Built year | 1985 | 2005 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 203 | 1% |
Pricing History
Listed for Sale
Jan 26, 2026
$390,000
Initial Listing
Sold
May 3, 2012
$86,000
Public Record
Sold
Jul 13, 2011
$65,000
Public Record
Sold
Dec 7, 2007
$155,000
Public Record
Sold
Oct 11, 2001
$77,000
Public Record
Sold
Jun 30, 1995
$31,000
Public Record