160 E E3rd Street, Perris, California 92570, Perris, 92570 - 2 bed, 1 bath

160 E E3rd Street, Perris, California 92570 home-pic-0
ACTIVE$469,900
160 E E3rd Street, Perris, California 92570
2Beds
1Bath
856Sqft
11,326Lot
Year Built
1938
Close
-
List price
$470K
Original List price
$480K
Price/Sqft
$549
HOA
-
Days on market
-
Sold On
-
MLS number
PW25145434
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros.

Welcome to this 2, 1-bathroom home located in the heart of Perris, conveniently close to downtown. Ideal for a retired couple or first-time buyers, this property features a new roof, air conditioning, and solar panels (subject to approval by the solar company to assume the solar payments). The garage has been converted into an additional, and the spacious lot offers potential for business use or residential purposes. Come see it—you'll love it!

Price History

Date
Event
Price
08/02/25
$469,900
07/05/25
$479,900
Condition Rating
Fair

The property, built in 1938, benefits from recent major system upgrades including a new roof, air conditioning, and solar panels, which are significant positives. However, there are no details or images provided for the interior, specifically the kitchen and bathrooms. Given the age of the home, it is highly probable that these critical areas are outdated in style and features, requiring minor to substantial updates or renovations to meet current standards. The exterior image shows a basic, older home, consistent with its age. The recent system updates prevent a 'Poor' rating, but the likely outdated interior, due to lack of information, places it in the 'Fair' category.
Pros & Cons

Pros

Mixed-Use Zoning & Business Potential: The property's mixed-use sub-type and spacious lot explicitly offer potential for business use, providing a unique value proposition beyond standard residential properties.
Recent Major Upgrades: Key components like the roof and air conditioning are new, significantly reducing immediate maintenance costs and enhancing comfort for the buyer.
Large Lot Size: With a generous lot size of 11,326 sqft, there is ample space for expansion, landscaping, or leveraging the mixed-use potential.
Energy Efficiency (Solar Panels): The inclusion of solar panels offers potential long-term energy savings, contributing to lower utility bills for the occupant.
Prime Downtown Location: Situated in the heart of Perris and conveniently close to downtown, the property benefits from accessibility to amenities and potential visibility for business operations.

Cons

Compact Living Space: The home offers a modest 856 sqft with 2 bedrooms and 1 bathroom, which may be restrictive for larger families or those desiring more expansive living areas.
Converted Garage: The garage has been converted, potentially impacting dedicated parking, storage, or requiring verification of permits and quality of conversion.
Solar Lease Assumption Required: The solar panels are subject to lease assumption by the buyer, which involves an approval process and ongoing financial obligations rather than outright ownership.

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