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Property profile & analytics
OFF-MARKET
Office buildings

230 3rd St Perris, CA 92570-2223

805 SF 0.34 ac lot Built 1954
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1010976
Property summary
AI-generated overview

This 805-square-foot commercial building in downtown Perris, California, presents a compelling investment opportunity. Built in 1954, the single-story structure sits on a sizable 0.34-acre lot (14,810 square feet) and is zoned C1. Currently leased month-to-month for $1,100 per month gross, the property is ideal for a variety of uses, including real estate, beauty salons, accounting, or legal practices. Its location in Perris' urban village offers significant upside potential for future development. The property's convenient access to the city center and the Metrolink Station enhances its appeal. The asking price has been reduced to $399,000, representing a significant value proposition. The property's APN is 310-023-013. This is a rare chance to acquire a well-located commercial building in a growing California market. The building's single-story design and ample lot size provide flexibility for various business needs and potential expansion. This property offers a blend of immediate income generation and long-term development prospects, making it an attractive investment in Perris' thriving urban core. The address is 230 E 3rd St, Perris, CA 92570.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction TILT-UP CONCRETE
Total area 805 SF
Lot 0.34 ac (14,810 SF)
Zoning code M1
APN 310-023-013
UPID US09-1010976
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jovita's Income Tax & Notary Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lively Therapy And Educational Prop · 1 yrs held
Lively Therapy And Educational Prop
since 2025
Last sale
$350,000
7 recorded transactions
2025
$350,000
2018
Price N/A
2013
Price N/A
1993
$11,000
1989
$100,000
1989
$30,000
1969
Price N/A
Zoning & alternative use
M1 · Perris, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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