359 Bahia Street, Perris, California 92571, Perris, 92571 - 3 bed, 3 bath
359 Bahia Street
Perris, California 92571
Property Price
SUMMARY
Analysis of 359 Bahia Street, Perris, California 92571 reveals a property with a current list price of $375,000, which is 138% above the estimated $157,102 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 359 Bahia Street Subject | $375,000* List Price | 3 | 3 | 1,435 | $109 | - |
A 185 Peppertree Drive Sold | $475,000 | 3 | 3 | 1,461 | $325 | 1.0 mi |
B 1491 Portrait Active | $485,000 List Price | 4 | 3 | 1,500 | $323 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1987 and explicitly marketed as a 'prime renovation opportunity' for investors, this property requires substantial rehabilitation. The listing description and the significant price discount relative to neighborhood comparables (approximately $100,000 below market for move-in ready homes) indicate significant deferred maintenance and the need for major updates to the kitchen, bathrooms, and potentially major systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Potential
Marketed as a prime renovation opportunity, this property offers significant value-add potential for investors or flippers looking to capitalize on a high-demand neighborhood.
- Desirable Location
Situated in a sought-after area of Perris, the property benefits from a strong residential appeal and proximity to local schools and amenities.
- Functional Floor Plan
The 1,435-square-foot layout featuring 3 bedrooms and 3 bathrooms provides a versatile and practical foundation for modern family living once renovated.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The property is positioned as a project, implying substantial deferred maintenance or modernization needs that will require immediate capital expenditure.
- Compact Lot Size
At 3,920 square feet, the lot is relatively small for a single-family residence, which may limit outdoor recreational space or future expansion possibilities.
About 359 Bahia Street
Attention Investors Prime Renovation Opportunity! Don't miss this exceptional chance to invest in your next renovation project, located in a highly desirable neighborhood. This property is brimming with potential and offers a unique opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,435 | 2,103 | 24% |
| Lot Size | 3,920 | 6,534 | 16% |
| Price | $375.0K | $570.0K | 1% |
| Price per sq ft | $261 | $281 | 36% |
| Built year | 1987 | 2005 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 161 | 179 | 39% |
Pricing History
Listed for Sale
Sep 27, 2025
$375,000
Initial Listing