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Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV26123352
Sold Date 07/23/26
Bedrooms 7
Lot Size 2.400 Acres
Property Sub-Type Res Income 2-4 Units
Type of Financing Conventional,FHA,VA
Property Type Res Income 2-4 Units
Property 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-1
Location
State CA
County Riverside
Zoning Assessor
Direction 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 o
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 311170018
Acceptable Financing Conventional, FHA, VA
Listing Terms Conventional, FHA, VA
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Bought with DENNIS ARGUELLO Southland Real Estate Group Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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