875 Wilson, Perris, CA 92571
Riverside County
Key Facts
Description
TWO HOMES ON ONE LOT — Rare 2.40-acre residential compound in Perris offering two completely independent living spaces on a single APN. Live in one and rent the other, multi-generational living, or straight investment — the flexibility here is hard to find at this price point. The main residence at 875 Wilson Ave is a spacious 4-bedroom / 2-bath single-story home with approximately 1,570 SF of living area, an open-concept kitchen, dining, and living room, a primary suite with walk-in closet and en-suite bath, three additional bedrooms, and a large enclosed patio/bonus room that adds approximately 391 SF of flexible space — ideal as a sunroom, playroom, home office, or additional lounge. The secondary residence at 879 Wilson Ave is a well-maintained 3-bedroom / 2-bath single-story home at approximately 1,130 SF with an attached two-car garage and private driveway, built in 2004. Completely separate entrance, completely independent living. Both homes are single-story and sit on a flat, fully usable lot of approximately 104,544 SF (2.40 acres) with plenty of room for vehicles, outdoor space, storage, and privacy between the two residences. Property Highlights: • Two separate addresses (875 & 879) on a single APN 311-170-018 • 4/2 main home (±1,570 SF living + ±391 SF bonus patio) + 3/2 secondary home (±1,130 SF) • Combined estimated rental income: $4,750–$5,250/mo if both units leased • FHA financing eligible as a 2-unit property — 3.5% down available • 2026 FHA 2-unit loan limit for Riverside County: $824,450 — all price points qualify • Flat 2.40 acres — no grading needed, fully usable • R-10,000 zoning — City of Perris • Long-held family property (since 1986) • Possible use as a 6-bed assisted living facility with proper permitting and upgrading This is an owner-occupant’s dream for building equity while offsetting carrying costs, and an investor’s opportunity to acquire two income streams on one deed in a growing Inland Empire submarket. Perris median home price: $573,000 and rising. Buyer to verify all square footage, zoning, permitted uses, and lot configuration independently. Property sold as-is. All information deemed reliable but not guaranteed.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
2004
Stories
1
Living Area
3,225 sq ft
Lot Size
2.40 acres
Garage Spaces
4
Parking Spaces
14
Days on Market
10
MLS® Listing#
IV26123352
Property Features
Heating
Pool
Laundry
Lot Features
Community
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
311170018
Directions
From the 215 Fwy, take the CA-74 E/Redlands Ave exit going east, follow Redlands Ave, turn right onto E San Jacinto Ave., left onto Wilson Ave., property will be on your right.
Affordability Calculator
$155,000
Estimated monthly payment
$4,125/mo
Principal $620,000 · Est. interest $864,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Perris, CA
- $580,247
- Median Listing Price
- 45
- Median Days on Market
- 1,990
- Median Sq Ft
- $293
- Median Price / Sq Ft
- 158
- Active Listings
- This home’s price is 34% above the area median.
- Its price per sq ft is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Perris, CA.
Location
Getting Around
Points of Interest in Perris, CA
Showing the Perris area map.
Nearby Schools
Sky View Elementary
Elementary · 0.1 mi away
Palms Elementary School
Elementary · 0.5 mi away
Clearwater Elementary
Elementary · 0.6 mi away
Ambassador Christian Academy
School · 0.6 mi away
Renu Hope Foundation
School · 0.7 mi away
Del Rio Student Center - Springs Charter Schools
Elementary · 0.7 mi away
Temple Christian School
School · 0.7 mi away
Perris High School
Secondary · 0.8 mi away
Perris Elementary School District
Elementary · 1.1 mi away
Perris Union High School District
Secondary · 1.1 mi away
Perris Union High School Dist
Secondary · 1.2 mi away
Oak Grove Center
School · 1.2 mi away
Perris Union High School
Secondary · 1.3 mi away
California Military Institute
Secondary · 1.3 mi away
St James Catholic School
Secondary · 1.3 mi away
Nan Sanders Elementary School
Elementary · 1.3 mi away
Innovative Horizons Charter
Elementary · 1.3 mi away
St James Religious Education
School · 1.4 mi away
Triple Crown Elementary School
Elementary · 1.5 mi away
Orange Vista High School
Secondary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1217 Strand, Perris, CA | $547,900 | 4 | 3 | 1,948 |
| 3873 Strand, Perris, CA | $548,000 | 4 | 3 | 2,313 |
| 23250 El Nido, Perris, CA | $549,900 | 3 | 2 | 1,560 |
| 21540 Foxwood Court, Perris, CA | $549,999 | 4 | 2 | 1,550 |
| 1752 Campanella, Perris, CA | $550,000 | 4 | 3 | 2,619 |
| 24657 State Highway 74, Perris, CA | $550,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Perris
Listing Courtesy: M G R REAL ESTATE - 310-365-9450
Presented by: ALEX GONZALEZ
Licensed in the state of California.