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504 S C Street, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath

504 S C Street, Perris, California 92570 home-pic-0
ACTIVE$410,000$962/sqft
Est. Value: $375,083
-8%
AboveEstimate
504 S C Street, Perris, California 92570
2Beds
1Bath
962Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($375,083.28) is $34,916.72 (8%) lower than the list price ($410,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 962.
Top Cons:
Historic Age & Need for Updates: Built in 1912, the home is over a century old and explicitly stated to benefit from updating, indicating potential significant renovation costs for modernization.

Compared to the nearby listings

Price:$410.0K vs avg $625.5K ($-215,500)3%
Size:962 sqft vs avg 2,287 sqft2%
Price/sqft:$426 vs avg $30988%

More Insights

Built in 1912 (114 years old).
Condition: Built in 1912, this property is over a century old and explicitly stated to need updating. The images confirm a very outdated interior with significant wear and tear. The kitchen features old wooden cabinets, worn countertops, and heavily peeling linoleum/vinyl flooring. The bathroom is similarly dated with an old vanity and the same worn flooring. While the structure appears intact, the cosmetic and functional components of the interior, particularly the kitchen and bathroom, require substantial repairs and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Year Built
1912
Close
-
List price
$410K
Original List price
$410K
Price/Sqft
$426
HOA
-
Days on market
-
Sold On
-
MLS number
SW26001984
Home ConditionPoor
Features
Patio
View-

About this home

Great opportunity in a prime Perris location. Situated on a generous 0.30-acre lot, this 2 bedroom, 1 bath home offers 962 square feet of living space with incredible upside and flexibility. The property sits on a large, usable parcel with ample room to expand, making it ideal for investors or buyers looking to add value. There is strong potential to build an ADU, create additional living space for extended family, rental income. The home features a functional layout with a spacious living area, natural light, and a separate kitchen and dining space. While the property can benefit from updating, it presents a rare lot size for the area. Additional highlights include long driveway with plenty of parking, and solar panels that will be paid off through escrow, offering future energy savings for the next owner. Conveniently located near schools, shopping, and major commuter routes, this property offers both immediate livability and long term development potential. Whether you’re an investor, builder, or buyer looking for space and opportunity, this is a property worth considering.

C
Christian Rios
Listing Agent
Condition Rating
Poor
Built in 1912, this property is over a century old and explicitly stated to need updating. The images confirm a very outdated interior with significant wear and tear. The kitchen features old wooden cabinets, worn countertops, and heavily peeling linoleum/vinyl flooring. The bathroom is similarly dated with an old vanity and the same worn flooring. While the structure appears intact, the cosmetic and functional components of the interior, particularly the kitchen and bathroom, require substantial repairs and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 962.
Generous Lot Size & Expansion Potential: The property boasts a substantial 0.30-acre lot, a rare find in the area, offering ample room for expansion and development.
ADU & Income Generation Potential: The large, usable parcel presents a strong opportunity to build an Accessory Dwelling Unit (ADU), providing potential for additional living space or rental income.
Paid-Off Solar Panels: Future energy savings are secured with solar panels that will be paid off through escrow, adding significant long-term value and reducing utility costs.
Prime & Convenient Location: Situated in a prime Perris location, the property offers convenient access to schools, shopping, and major commuter routes, enhancing its desirability.
High Investor & Value-Add Appeal: This property is an excellent opportunity for investors, builders, or buyers seeking to add value, with significant upside and long-term development potential.

Cons

Historic Age & Need for Updates: Built in 1912, the home is over a century old and explicitly stated to benefit from updating, indicating potential significant renovation costs for modernization.
Limited Living Space: With only 962 square feet, the interior living space is relatively small, which may not meet the needs of larger families or those desiring more room.
Single Bathroom Configuration: The home features only one bathroom for two bedrooms, which can be a significant drawback for a modern household and may require an upgrade.
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