
Perris, California 92571
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $524,000—positioned slightly above the $521,525 Fair Market Value. While the home maintains a Condition Rating of 4, it offers significant versatility through its Multigenerational Living Potential, including a converted garage and backyard studio. These features provide unique utility for large households or rental income, despite the need for permit verification. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-utility asset in the Perris Union High district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 Coudures Way Subject | $524,000* List Price | 3 | 3 | 1,850 | $282 | - |
A 462 Coudures Way Sold | $544,000 | 4 | 3 | 1,850 | $294 | 0.1 mi |
B 662 Spinnaker Sold | $521,000 | 3 | 3 | 1,800 | $289 | 0.2 mi |
C 1455 Remembrance Drive Sold | $520,000 | 4 | 3 | 1,749 | $297 | 0.7 mi |
D 1832 Havasu Street Sold | $519,000 | 3 | 3 | 1,449 | $358 | 0.3 mi |
E 1491 Portrait Sold | $465,000 | 4 | 3 | 1,500 | $310 | 0.7 mi |
F 2247 Firebrand Avenue Sold | $515,000 | 3 | 3 | 1,400 | $368 | 0.5 mi |
G 1476 Keepsake Sold | $385,000 | 4 | 3 | 1,749 | $220 | 0.7 mi |
H 300 Mildred Sold | $528,880 | 4 | 3 | 1,998 | $265 | 0.9 mi |
I 755 Spinnaker Pending | $510,000 List Price | 3 | 3 | 1,492 | $342 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 30 years old (built 1994). While the main living areas have received cosmetic updates like tile flooring and recessed lighting, the home retains dated features such as popcorn ceilings. Furthermore, the garage conversion and backyard studio appear to be DIY projects with unfinished cabinetry and unverified permits, requiring professional updates to reach a 'Good' standing.
The home features contemporary finishes including wide-tile flooring, recessed lighting, and a remodeled kitchen with sleek countertops, offering a move-in-ready experience for buyers.
With a converted garage featuring two bedrooms and a kitchen, plus an additional backyard studio, the property is uniquely equipped for large families or potential rental income.
The 1,850 sqft floor plan offers a seamless flow between living areas and a cozy fireplace, providing a functional environment for both daily living and entertaining.
The garage conversion and backyard studio require buyer verification, posing a risk of unpermitted work that could impact financing, insurance, or future legal compliance.
The conversion of the two-car garage into living space eliminates traditional covered parking and storage, which may be a significant drawback for standard residential buyers.
***BACK ON THE MARKET***PRICE REDUCE*** Turnkey home offers the perfect blend of style, comfort, and functionality in one of most desirable neighborhoods. Beautifully updated 3-bedroom, 2.5 -bath single-family residence in Perris CA. This move-in-ready home features an open layout, wide-TILE flooring Downstairs, recessed lighting, fresh neutral finishes, and great natural light throughout. The beautiful kitchen includes warm wood cabinetry, sleek countertops, pendant lighting. All 3 bedrooms are on the 2nd floor and provide flexible space for family, Designed with flexibility in mind, the floor plan provides ample room for multigenerational living, large households, home offices, guest accommodations, or a combination of all four. Multiple living and gathering areas create separation and functionality while maintaining a comfortable flow throughout the home. The family room features a fireplace that serves as a central gathering space, while the generous bedroom count offers options rarely found in today’s market. Outside, the backyard provides additional space for outdoor dining, recreation, gardening, or future customization. The backyard features a small studio with all the amenity's and the 2 car garage is converted to a 2 bedrooms and small kitchen and bathroom.(buyer to verify). Conveniently located near schools, shopping, dining, parks, and major transportation routes, this property offers the space, versatility. A great opportunity to own a home of this size with room to adapt to your needs for years to come
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,850 | 1,916 |
| Lot Size | 3,920 | 7,016 |
| Price | $524.0K | $583.5K |
| Price per sq ft | $283 | $293 |
| Built year | 1994 | 1997 |
| HOA | $0 | $99 |
| Days on market | 9 | 67 |
Jul 13, 2026
$524,000
Initial Listing
Sep 13, 2017
$280,000
Public Record
Dec 17, 2009
$147,000
Public Record
Nov 23, 2004
$140,000
Public Record
Apr 20, 2001
$139,500
Public Record