501 Redding Way, Perris, California 92570, Perris, 92570 - 4 bed, 4 bath
Loading property details...
Perris, California 92570
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $599,000—positioned well above the $583,102 Fair Market Value by 2%. Despite the premium, the property offers significant value through its Mint Condition Rating and recent comprehensive renovations. Key features include a permitted "dirty kitchen" for ADU conversion, a new HVAC system, and a spacious corner lot. This home balances modern lifestyle upgrades with long-term income potential, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready property with expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Redding Way Subject | $599,000* List Price | 4 | 4 | 1,868 | $312 | - |
A 221 W 10th Sold | $489,000 | 4 | 3 | 1,579 | $310 | 0.6 mi |
B 231 W 10th Street Sold | $489,000 | 4 | 3 | 1,745 | $280 | 0.6 mi |
C 1315 Plaza Way Sold | $535,000 | 4 | 3 | 2,150 | $249 | 0.5 mi |
D 1893 Loma Bonita Active | $559,000 List Price | 6 | 3 | 1,800 | $311 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1993, the interior has undergone a recent comprehensive renovation (likely <5 years) including a modern kitchen with shaker cabinets and quartz countertops, updated bathrooms, and new LVP flooring throughout. The HVAC system is less than one year old, and the home is in turnkey, mint condition.
The property features a permitted 'dirty kitchen' in the rear that offers a streamlined conversion opportunity into an Accessory Dwelling Unit (ADU), ideal for rental income or multi-generational living.
This move-in-ready home boasts a brand-new A/C system with a 2-year warranty, a whole-house fan, and includes all major appliances and a 7-camera Ring security system, providing immediate value and peace of mind.
Situated on a spacious 7,405 sqft corner lot, the home offers enhanced privacy, superior curb appeal, and more outdoor versatility compared to standard interior parcels.
Built in 1993, the residence is over 30 years old, which may lead to upcoming maintenance requirements for original systems such as roofing or plumbing that are nearing the end of their typical lifecycles.
With four bedrooms configured within 1,868 square feet, the individual room dimensions may feel restrictive for buyers seeking larger, more expansive private living spaces.
Turnkey House at a corner lot; 4 bedroom/3 bath with permitted "dirty kitchen" in the back that can be converted into an ADU; fireplace; A/C system less than 1 year old with 2 year warranty; whole house fan; fridge, washer, dryer, microwave to remain; gas fireplace; 7 cameras (Ring) to remain.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,868 | 1,916 |
| Lot Size | 7,405 | 7,016 |
| Price | $599.0K | $583.5K |
| Price per sq ft | $321 | $293 |
| Built year | 1993 | 1997 |
| HOA | $0 | $99 |
| Days on market | 21 | 67 |
Jul 1, 2026
$599,000
Initial Listing
Nov 12, 2003
$210,000
Public Record