332 W 11th, Perris, California 92570, Perris, 92570 - 3 bed, 2 bath
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Perris, California 92570
This property presents a High-Potential Investment Opportunity with a List Price of $529,000—positioned well below the $511,862 Fair Market Value by -3%. Featuring a 3-bedroom main house and a separate casita, this Multi-Family Dwelling offers significant rental income potential. While the home maintains a Condition Rating of 4, the swimming pool and RV-ready vehicle access provide rare functional utility. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the casita for multi-generational living or supplemental cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 332 W 11th Subject | $529,000* List Price | 3 | 2 | 1,600 | $320 | - |
A 3701 Tower Sold | $560,000 | 3 | 2 | 1,746 | $321 | 0.8 mi |
B 480 Deerhill Road Sold | $418,000 | 2 | 2 | 1,780 | $235 | 1.0 mi |
C 1315 Plaza Way Sold | $535,000 | 4 | 3 | 2,150 | $249 | 0.3 mi |
D 317 W 8th Active | $450,000 List Price | 3 | 2 | 1,318 | $341 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1954 and shows a mix of updates and dated elements. While the kitchen features newer shaker-style cabinets, stone counters, and LVP flooring (likely a 5-15 year old renovation), the presence of a portable AC unit suggests the central HVAC system is either missing or inadequate. The exterior and yard require maintenance, and the overall age of the structure and systems necessitates further modernization.
The property features a main 3-bedroom house plus a separate casita with its own kitchen and bathroom, offering excellent potential for multi-generational living or rental income.
Boasting a back gate and two additional vehicle gates, the property provides superior access for multiple cars, RVs, or equipment, which is a rare find in this market.
The backyard is fully enclosed by a durable block fence and includes a swimming pool, providing a private and secure space for recreation and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 480.
Built in 1954, the home may require updates to its original systems and finishes to meet modern efficiency and aesthetic standards.
With two dwellings and a swimming pool on a 6,534 sqft lot, the actual usable yard space may feel limited compared to single-dwelling properties.
Multi Family Dwelling. House and Casita! The main house features 3 bedrooms and 2 bathrooms. The casita includes 2 small rooms, a family kitchen, and 1 bathroom. Huge backyard that boasts a swimming pool, a back gate for vehicle access, and block fence with 2 additional gates for cars.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,600 | 1,916 |
| Lot Size | 6,534 | 7,016 |
| Price | $529.0K | $583.5K |
| Price per sq ft | $331 | $293 |
| Built year | 1954 | 1997 |
| HOA | $0 | $99 |
| Days on market | 5 | 67 |
Jul 17, 2026
$529,000
Initial Listing
May 31, 2013
$100,000
Public Record
Dec 30, 2004
$200,000
Public Record