
Perris, California 92571
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well above the $473,410 Fair Market Value by -16%. Given the Poor Condition Rating and the need for comprehensive rehabilitation of internal systems, this asset requires a strategic capital injection to realize its full potential. The 3-bedroom, 3-bathroom layout provides a functional foundation for value-add renovations. This is a distressed asset ideal for Fix-and-Flip Investors or Contractors capable of managing significant property improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 Hacienda Avenue Subject | $550,000* List Price | 3 | 3 | 1,631 | $290 | - |
A 1491 Portrait Sold | $465,000 | 4 | 3 | 1,500 | $310 | 0.6 mi |
B 1455 Remembrance Drive Sold | $520,000 | 4 | 3 | 1,749 | $297 | 0.5 mi |
C 1832 Havasu Street Sold | $519,000 | 3 | 3 | 1,449 | $358 | 1.0 mi |
D 1509 Portrait Sold | $465,000 | 3 | 2 | 1,204 | $386 | 0.6 mi |
E 1081 Mako Sold | $535,000 | 4 | 3 | 1,987 | $269 | 0.3 mi |
F 316 Randy Sold | $562,000 | 5 | 3 | 2,115 | $266 | 0.4 mi |
G 452 Cherry Vista Drive Active | $499,900 List Price | 4 | 3 | 1,407 | $355 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1991, making it 35 years old and placing it in the 'Poor' category (>30y) based on the provided criteria. The exterior shows signs of deferred maintenance and significant clutter, suggesting that the kitchen, bathrooms, and internal systems (HVAC/Electric) are likely original and require a full rehabilitation to meet modern standards.
The property features a desirable 3-bedroom, 3-bathroom configuration, providing ample privacy and convenience for families or multi-generational living.
Built in 1991, the home benefits from more contemporary building standards and systems compared to older inventory in the region.
Listed at $550,000, this single-family residence offers an accessible entry point into the Southern California market for a move-in ready home.
With a lot size of approximately 4,356 square feet, the outdoor space is relatively compact, which may limit gardening or large-scale entertaining.
Having been on the market for 31 days at its original list price, the property may be facing stiff competition or requires a more aggressive marketing strategy to attract buyers.
Exceptional opportunity in Perris. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 1,631 | 1,916 |
| Lot Size | 4,356 | 7,016 |
| Price | $550.0K | $583.5K |
| Price per sq ft | $337 | $293 |
| Built year | 1991 | 1997 |
| HOA | $0 | $99 |
| Days on market | 34 | 67 |
Jun 18, 2026
$550,000
Initial Listing