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    Property profile & analytics

    340 8th St Perris, CA 92570-2365

    • Apartment buildings
    • 3,080 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Jan 27, 2025
    $191,500
    Location Intelligence
    Property ID
    US10-2703869
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 340 8th St

    Year built
    1981
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    3,080 SF
    Zone code
    R-1
    Property type
    Apartment buildings
    APN
    313-241-018
    APU
    313241018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.233
    Latitude
    33.7786
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,958
    $48,284
    $122,531
    $170,815
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,922 SF

      1355 Perris Blvd

      APARTMENT HOUSE (5+ UNITS) • 3,922 SF
      1355 Perris Blvd, Perris, CA 92570-2584
      View Details
    • Value Estimation
      $375,000
      3,317 SF

      116 Midway St

      APARTMENT HOUSE (5+ UNITS) • 3,317 SF
      116 Midway St, Perris, CA 92570-3517
      View Details
    • Value Estimation
      $320,000
      2,456 SF

      1040 Tepee Ln

      APARTMENT HOUSE (5+ UNITS) • 2,456 SF
      1040 Tepee Ln, Perris, CA 92570-1743
      View Details
    • Value Estimation
      $280,000
      2,640 SF

      179 5th St

      APARTMENT HOUSE (5+ UNITS) • 2,640 SF
      179 5th St, Perris, CA 92570-2118
      View Details
    • Value Estimation
      $575,000
      1,516 SF

      403 B St

      APARTMENT HOUSE (5+ UNITS) • 1,516 SF
      403 B St, Perris, CA 92570-2052
      View Details
    • Value Estimation
      $205,000
      589 SF

      271 4th St

      APARTMENT HOUSE (5+ UNITS) • 589 SF
      271 4th St, Perris, CA 92570-2010
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      104,544 SF

      2.4 Acres Industrial Land Available

      2.4 acres of land suitable for industrial uses.
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    • Contact for pricing
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      100,121 SF

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      Usable Lot for Vehicle Storage

      Large, flat, fenced lot suitable for vehicle storage.
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    • Contact for pricing
      147,249 SF

      Majestic Freeway Warehouse - 147,249 SF

      Modern Class A Distribution Center, I-215 Access
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      View Details
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    340 8th St
    Perris, CA 92570-2365
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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