2607 Ferdinand Court, Perris, California 92571, Perris, 92571 - 5 bed, 3 bath
ACTIVE$489,000
2607 Ferdinand Court, Perris, California 92571
5Beds
3Baths
1,593Sqft
8,712Lot
Year Built
1990
Close
-
List price
$489K
Original List price
$489K
Price/Sqft
$307
HOA
-
Days on market
-
Sold On
-
MLS number
PW25273866
Home ConditionFair
Features
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,6 Pros. Rank: price - $489.0K(21th), sqft - 1593(32th), beds - 5(80th), baths - 3(50th).
Spacious 5-bedroom, 3-bathroom home — an investor’s dream and a perfect opportunity for any investment portfolio.
Price History
Date
Event
Price
12/10/25
Listing
$489,000
08/20/18
Sold
$300,000
01/30/07
Sold
$343,000
12/30/05
Sold
$388,000
Condition Rating
Fair
Built in 1990, this 34-year-old property shows significant signs of age and lack of modern updates. The kitchen features dated linoleum flooring and an overall cluttered, old-fashioned aesthetic, though a stainless steel refrigerator is present. The bathroom vanity, faucet, and mirror appear to be original or older builder-grade, functional but very dated. The exterior, while painted, and the neglected backyard further indicate a need for substantial cosmetic and likely system updates. The property is livable but requires minor to moderate renovations to bring it up to current standards, aligning with the 'fair' condition criteria for a home built over 20 years ago with no major renovations.
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 = 8712, living area = 1593.
High Bedroom/Bathroom Count: The property features 5 bedrooms and 3 bathrooms, making it suitable for larger families or offering strong potential for rental income.
Investor-Ready Opportunity: Explicitly marketed as an 'investor’s dream' and 'perfect opportunity for any investment portfolio,' indicating potential for value-add or rental returns.
Generous Lot Size: With an 8,712 sqft lot, the property provides ample outdoor space for recreation, landscaping, or potential future expansion.
Significant Appreciation Potential: The current listing price of $489,000, compared to its last sale of $300,000 in 2018, suggests strong market appreciation or potential for future equity growth.
Established Construction Year: Built in 1990, the home is from an era often associated with solid construction, potentially offering a more robust foundation than some newer builds, assuming good maintenance.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Age and Potential for Outdated Systems: As a 34-year-old property (built in 1990), major systems like HVAC, plumbing, and electrical, along with interior finishes, may be original and require significant updates or replacement.
Cramped Living Space per Bedroom: With 1,593 sqft for 5 bedrooms and 3 bathrooms, the individual living areas and bedrooms are likely to feel small or cramped, potentially not meeting modern expectations for spaciousness.
Implied Need for Investment/Renovation: The 'investor’s dream' designation often implies the property requires substantial capital investment for renovations, repairs, or cosmetic upgrades to maximize its value, which may deter move-in ready buyers.