441 Placentia, Perris, California 92571, Perris, 92571 - 3 bed, 2 bath
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Perris, California 92571
This property presents a High-Potential Investment Opportunity with a List Price of $485,000, positioned above the $348,009 Fair Market Value. While the current list price exceeds the estimated value, the 7,405 sqft lot and cathedral ceilings provide a solid foundation for value-add renovations. Given the Condition Rating of 5, this asset requires significant modernization to reach its full potential. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive interior overhaul to capitalize on the mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 441 Placentia Subject | $485,000* List Price | 3 | 2 | 1,180 | $295 | - |
A 179 Ensenada Drive Sold | $385,000 | 2 | 2 | 1,200 | $321 | 0.5 mi |
B 2355 Stonybrook Way Active | $459,990 List Price | 3 | 2 | 1,000 | $460 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (>30 years) and explicitly marketed as a fixer-upper. The kitchen and bathrooms are dated with original dark wood cabinetry and worn tile countertops. The presence of popcorn ceilings and the overall need for modernization align with the rehab requirements of the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1180.
The home features soaring cathedral ceilings and an open floor plan that maximizes natural light, creating a spacious and airy atmosphere throughout the main living areas.
Situated on a 7,405 sqft lot, the property offers a large backyard and front yard with scenic mountain views, providing ample space for expansion or outdoor entertaining.
The property is explicitly listed as a fixer-upper, requiring a substantial additional investment in time and capital to address necessary repairs and modern updates.
At 1,180 square feet, the interior living space is relatively compact, which may be a constraint for larger families or those seeking more expansive room sizes.
Welcome to 441 Placentia Ave in Perris — a rare opportunity to own a spacious home with endless potential in a desirable neighborhood setting. This fixer-upper is perfect for buyers looking to customize, renovate, or invest in a property with strong upside value. Step inside to soaring cathedral ceilings that create an open and airy atmosphere throughout the main living areas. The spacious floor plan offers great natural light, a cozy fireplace, and a functional kitchen layout ready for your personal touches and modern updates. Outside, enjoy a generously sized backyard and front yard with a mountain view — ideal for entertaining, gardening, future expansion, or creating your dream outdoor retreat. The large lot provides plenty of room to imagine the possibilities. Whether you are a first-time buyer looking to build equity, an investor searching for your next project, or someone wanting to design a home to your taste, this property offers incredible potential in a growing Perris community. Highlights include; Cathedral ceilings, Large backyard and front yard with a mountain view, Spacious living areas, Great fixer-upper opportunity, Strong upside potential, Convenient location near schools, shopping, and freeway access. Bring your vision and make this home shine!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,180 | 2,085.5 | 12% |
| Lot Size | 7,405 | 6,112 | 69% |
| Price | $485.0K | $561.0K | 16% |
| Price per sq ft | $411 | $276 | 87% |
| Built year | 1987 | 2005 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 179 | 1% |
May 17, 2026
$485,000
Initial Listing
May 15, 2026
$475,000
Initial Listing
Jun 30, 2020
$308,000
Public Record
May 20, 2005
$280,000
Public Record
Oct 11, 2002
$135,000
Public Record