251 4Th StPerris, CA 92570

  • Land
  • 0.16 AC
For Sale
$449,000 View listing

Property Details for 251 4Th St

Lot size
0.16 AC
Zone code
C1
Property type
Land
Property subtype
Commercial land
APN
310-042-036
APU
310042036

Description

This exceptional 1,003-square-foot property at 251 4th Street, Perris, CA, presents a unique opportunity for entrepreneurs seeking a blend of residential comfort and commercial viability. Situated on a sizable 0.16-acre lot in a thriving commercial area, this property offers significant potential. Its proximity to Downtown Perris ensures easy access to local amenities, while the nearby 215 Freeway provides convenient commuting options. The property boasts a recently painted exterior and a newer roof, minimizing immediate maintenance concerns. The air conditioning unit has recently undergone servicing, ensuring efficient and reliable climate control. The generous lot size allows for the potential addition of an Accessory Dwelling Unit (ADU), expanding the property's versatility and income potential. This location is also convenient to restaurants and shopping, adding to its overall appeal. This is an ideal property for those seeking a combined live-work space in a vibrant and accessible location. The property is priced at $449,000 and offers a rare opportunity to own a versatile and well-maintained property in a prime commercial area. Don't miss this chance to establish your business and enjoy comfortable living in the heart of Perris.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,192,354
    Hospitality
    $2,008,184
    Educational
    $1,670,786
    Medical
    $1,728,247
    Retail
    $2,599,000
251 4Th St, Perris, California

Location Insight

City
Perris
County
Riverside
State
California
Latitude
33.7821
Longitude
-117.225
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
$506
$43,096
-
$43,096
-
-
-
-

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