
Perris, California 92571
This 4-bedroom, 3-bathroom residence represents a High-Potential Investment Opportunity, currently listed at $499,900. The property is positioned above the $383,162 Fair Market Value, reflecting a premium that necessitates a strategic renovation approach. With a Fair Condition Rating and a requirement for significant TLC, the home offers a blank canvas for value-add improvements. Located within the Perris Union High School District, this asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive rehabilitation to maximize long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 452 Cherry Vista Drive Subject | $499,900* List Price | 4 | 3 | 1,407 | $272 | - |
A 1491 Portrait Sold | $465,000 | 4 | 3 | 1,500 | $310 | 0.2 mi |
B 1455 Remembrance Drive Sold | $520,000 | 4 | 3 | 1,749 | $297 | 0.1 mi |
C 1481 Ashbury Way Sold | $435,000 | 3 | 2 | 1,119 | $389 | 0.1 mi |
D 726 Manecita Circle Sold | $513,000 | 3 | 3 | 1,435 | $357 | 0.3 mi |
E 2107 Star Thistle Sold | $385,000 | 3 | 3 | 1,391 | $277 | 0.9 mi |
F 1506 Keepsake Sold | $443,000 | 3 | 3 | 1,300 | $341 | 0.2 mi |
G 377 Aurora Pending | $499,000 List Price | 4 | 3 | 1,407 | $355 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (34+ years old) with no mentioned renovations. The listing explicitly states the home 'needs TLC,' and photos reveal dated interiors, wall damage/patching, and a cracked driveway, indicating a need for significant rehab.
With 4 bedrooms and 3 bathrooms, this home offers a functional and versatile floor plan that is highly desirable for growing families or multi-generational living.
The property is identified as needing 'TLC,' presenting a prime opportunity for investors or handy homeowners to build significant sweat equity through strategic renovations.
The presence of cooperative tenants facilitates a smoother viewing process, allowing prospective buyers and agents to easily access and evaluate the property.
The home requires immediate attention and repairs, which may complicate traditional financing and necessitate additional upfront capital from the buyer.
At 3,920 square feet, the lot is relatively small for a detached residence, offering limited outdoor space for gardening, entertaining, or future expansions.
This home needs TLC. Home is a 4bedroom, 2.5 bath. Current tenants are very cooperative to allow showings. Bring your buyers in. Please call or text LA. We’ll get you a prompt response.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,407 | 2,048 | 20% |
| Lot Size | 3,920 | 6,098 | 20% |
| Price | $499.9K | $560.0K | 20% |
| Price per sq ft | $355 | $277 | 77% |
| Built year | 1990 | 2005 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 177 | 2% |
May 1, 2026
$499,900
Initial Listing
Sep 28, 2007
$178,500
Public Record
Jun 23, 2004
$240,000
Public Record
May 10, 2002
$126,000
Public Record
Jan 26, 1994
$93,000
Public Record