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Off Market Dec 2020 for $450K

$599,877

Est. refi paymentEst. refi $1,803/mo

•

4 ba

•

850

sq ft

22508 Old Elsinore Rd, Perris, CA 92570

About this home

Come build your own dream ranch style home or just keep it the way it is. Extra large corner lot sitting on almost 34,000 sq. ft. !!! Whether you want to live in one of the units while renting the other 3 or just renting all 4 units, this is a good investment property located in the Perris / Mead Valley area with value on land with lots of potential! With current rents, the CAP RATE is 8% - Each of the 4 units have their own legal address, utility meters (except water) and mail boxes. 3 of the units have 2 bedrooms, 1 bath (2 units have inside washer and dryer hookups and private yards. Units are currently renting for $1000 per month and one of the units has 1 bedroom, 1 bath, currently renting for $850 per month. 2 septic tanks on property. All tenants have been renting for long a time and all (including the current seller) would like to stay renting.

Multi-familyProperty Type

1935Year Built

0.78 acresLot Size

$706Est. Price/Sq.Ft.

Listed by Giselle Martinez •DRE #02032754 • Excellence RE Real Estate

Bought with Manuel Meraz •DRE #01986175 • Master Key Real Estate

Redfin checked: a minute ago

•Source:CRMLS #IG20213805

Redfin Estimate

$599,877

$150K since sold in December 2020$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24% lower than the average sale price ($789K) of 6 comparable homes.

SOLD MAY 12, 2026
$700,000
A
5 beds2.5 baths2,120 sq ft
20398 Bailly, Perris, CA 92570
SOLD MAY 28, 2026
$670,000
B
4 beds2 baths1,700 sq ft
19124 Glenwood Ave, Riverside, CA 92508
Lumen Solutions, Inc.
SOLD MAY 7, 2026
$1,200,000
C
7 beds4 baths— sq ft
19030 Santa Rosa Mine Rd, Perris, CA 92570
SOLD JUL 24, 2026
$555,000
D
3 beds2 baths1,218 sq ft
21769 High, Perris, CA 92570
SOLD MAR 30, 2026
$875,000
E
6 beds3 baths2,885 sq ft
19975 Heartwood Dr, Perris, CA 92570
SOLD APR 20, 2026
$735,000
F
4 beds3 baths2,630 sq ft
21725 Pinewood, Perris, CA 92570

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Earn from this home

Sell

$244,359

Est. take-home

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Est. cash available

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Market trends in 92570, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

+0.6% MoM

Median sale price

$625K

$15K MoM

Avg. days on market

37d

3 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SAT, 12PM TO 3PM
$420,000
2 beds2 baths1,960 sq ft
449 Crown Rdg, Perris, CA 92570
3D WALKTHROUGH
$769,900
5 beds2.5 baths2,920 sq ft
19316 Aspenleaf, Perris, CA 92570
COMING SOON
$930,000
3 beds2.5 baths3,263 sq ft
19862 Starmist, Perris, CA 92570
$509,000
5 beds2 baths1,305 sq ft
560 W 10th St, Perris, CA 92570
$499,000
3 beds2 baths1,568 sq ft
22300 Juniper, Perris, CA 92570
$535,000
3 beds2 baths1,462 sq ft
232 1 St, Perris, CA 92570
$1,350,000
3 beds2 baths2,612 sq ft
19217 Idaleona, Perris, CA 92570
$900,000
3 beds1 bath1,339 sq ft
23615 Marshall St, Perris, CA 92570
$990,000
4 beds2 baths2,190 sq ft
21798 Ridgedale Dr, Perris, CA 92570
OPEN SAT
$1,219,999
6 beds3 baths4,635 sq ft
17720 Copper Queen, Perris, CA 92570
See all

Provided by Redfin

Sale history for 22508 Old Elsinore Rd

Date

Event

Price

CRMLS #IG20213805

Dec 4, 2020

Sold

$450,000

$529/sq ft

Oct 19, 2020

Relisted

—

Oct 9, 2020

Listed

$450,000

$529/sq ft

Public Records

Dec 2, 2013

Sold

$235,000

$276/sq ft

CRMLS #I12085001

Dec 3, 2013

Sold

$240,000

$282/sq ft

Mar 20, 2013

Pending

—

Jul 9, 2012

Listed

$289,900

$341/sq ft

CRMLS #K12047337

Jun 25, 2012

Listing Removed

—

Jun 25, 2012

Sold

$169,000

$199/sq ft

May 1, 2012

Pending

—

Apr 16, 2012

Price Changed

$124,900

$147/sq ft

Apr 14, 2012

Relisted

—

Apr 13, 2012

Delisted

—

Apr 13, 2012

Listed

$154,900

$182/sq ft

This is a very unique property, Built in 1935 There is a 2 bedrooom 1 bath home which is 22508 Old Elsinore Rd, and located just behind it are three cottages, which have a separate address 22255, 22257,22259 Hillview Drive. 22255 is a two bedroom, one bath, 22257 is a one bedroom one bath, 22255 is a two bedroom one bath. The records indicate 1719 SF so all estimates of SF are estimates. The units all need TLC, but well worth the inverstment. The dirt driveway to the Hillview units is a common drive used as access to several homes on the street. The water is City Water, which is on one meter which is shared by all 4 units. Each unit has it own Gas and Electric meter. Sewer system is Septic, 22259 has its own septic system, which is located in the front yard of 22257, however units 22257,22255 and 22508 Old Elsinore share a septic system. This property has great potential, live in one rent the others. the property has a great country atmosphere.

CRMLS #C317287

May 10, 2004

Listing Removed

—

Nov 10, 2003

Listed

$279,000

$328/sq ft

Public Records

Feb 27, 2004

Sold

$285,000

$335/sq ft

Public Records

Jan 1, 1982

Sold

$80,000

$94/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,567 (+2.5%)

$92,006 + $395,086

$487,092

2024

$5,429 (−0.3%)

$92,006 + $395,086

$487,092

2023

$5,445 (+1.4%)

$90,202 + $387,340

$477,542

2022

$5,371 (+2.0%)

$88,434 + $379,746

$468,180

2021

$5,266 (+13.5%)

$86,700 + $372,300

$459,000

2020

$4,639 (+29.2%)

$85,000 + $365,000

$450,000

2019

$3,590 (−20.6%)

$39,228 + $224,176

$263,404

2018

$4,522 (+2.8%)

$38,459 + $219,781

$258,240

2017

$4,397 (+8.5%)

$36,966 + $211,248

$248,214

2016

$4,053 (+48.9%)

$36,966 + $211,248

$248,214

2015

$2,722 (+2.4%)

$36,242 + $207,106

$243,348

2014

$2,659 (+38.8%)

$35,000 + $200,000

$235,000

2013

$1,915 (+45.7%)

$35,000 + $200,000

$235,000

2012

$1,314 (−61.0%)

$35,700 + $136,680

$172,380

2011

$3,368 (+1.0%)

$35,700 + $86,700

$122,400

2010

$3,333 (−0.4%)

$66,581 + $249,691

$316,272

2009

$3,345 (+2.2%)

$66,085 + $247,826

$313,911

2008

$3,272

$66,243 + $248,416

$314,659

Tax history for 22508 Old Elsinore Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,567 (+2.5%)

$92,006 + $395,086

$487,092

2024

$5,429 (−0.3%)

$92,006 + $395,086

$487,092

2023

$5,445 (+1.4%)

$90,202 + $387,340

$477,542

2022

$5,371 (+2.0%)

$88,434 + $379,746

$468,180

2021

$5,266 (+13.5%)

$86,700 + $372,300

$459,000

2020

$4,639 (+29.2%)

$85,000 + $365,000

$450,000

2019

$3,590 (−20.6%)

$39,228 + $224,176

$263,404

2018

$4,522 (+2.8%)

$38,459 + $219,781

$258,240

2017

$4,397 (+8.5%)

$36,966 + $211,248

$248,214

2016

$4,053 (+48.9%)

$36,966 + $211,248

$248,214

2015

$2,722 (+2.4%)

$36,242 + $207,106

$243,348

2014

$2,659 (+38.8%)

$35,000 + $200,000

$235,000

2013

$1,915 (+45.7%)

$35,000 + $200,000

$235,000

2012

$1,314 (−61.0%)

$35,700 + $136,680

$172,380

2011

$3,368 (+1.0%)

$35,700 + $86,700

$122,400

2010

$3,333 (−0.4%)

$66,581 + $249,691

$316,272

2009

$3,345 (+2.2%)

$66,085 + $247,826

$313,911

2008

$3,272

$66,243 + $248,416

$314,659

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.78 Acres

Year renovated

1935

Sq. Ft.

573

Year built

1935

Style

Other

County

Riverside County

APN

323120001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Nov 28, 2022 • Final

Fire residential building

Demolition

Plumbing

Remodel

Water heater

Jul 15, 2022 • Final

Residential addition, rehab (bar) - rsfr - rehab single family dwelling

Addition

Demolition

Plumbing

Remodel

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking / Garage Information
Assigned
Has Parking

Interior

Laundry Information
Has Laundry
Gas Dryer Hookup, Inside, Washer Hookup

Kitchen Information
Appliances: Water Heater Unit
Has Appliances

Cooling Information
Wall Window
Has Cooling

Room Information
Kitchen, Laundry, Living Room

Flooring Information
Carpet, Concrete, Vinyl

Heating Information
Wall Heater
Has Heating

Interior Features
Levels: One

Exterior

Exterior Information
Fencing: Average Condition
Has Fence

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Agricultural, Back Yard, Corner Lot, Front Yard, Horse Property, Lot 20000-39999 Sqft, Ranch, Value In Land

Property Information
Total # of Units: 4
Accessibility Features: Parking
Common Walls: No Common Walls
Parcel Number: 323120001
Property Condition: Additions/Alterations, Fixer, Repairs Cosmetic, Repairs Major
Total # of Stories: 1
Year Built Source: Assessor

Financial

Assesments Information
Assessments: Buyer to Verify, Unknown

Lease / Rental Details
Operating Expense: $9,800
Tenant Pays: All Utilities, Exterior Maintenance, Gardener, Gas
Total Actual Rent: $3,850

Utilities

Utilities Information
Sewer: Septic Type Unknown
Cable Available, Electricity Connected, Natural Gas Connected, Telephone - In Street, Water Connected
Water Source: District/Public

Location

Unit Type 1 Information
Unit Key Numeric: 10665973
Listing Key Numeric: 364813948
Actual Rent: $1,000
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $3,000
Total # of Units: 3

Unit Type 2 Information
Unit Key Numeric: 10665974
Listing Key Numeric: 364813948
Actual Rent: $850
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $850
Total # of Units: 1

Expenses
Trash: $400
Total: $9,625
Insurance: $1,600
Water Sewer: $2,000
New Taxes: $5,625

Multi-Unit Information
Net Operating Income: $36,575
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 850
Gross Scheduled Income: $46,200
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 4
# of Wall AC: 4

Neighborhood Information
Community Features: Horse Trails, Riding/Stables, Rural, Street Lighting, Suburban

Location Information
Latitude: 33.79362800
Longitude: -117.27400900
Directions: Old Elsinore Rd in between "Aloha Rd and Callaway Rd" Use GPS: 22259 Hillview Dr, Perris CA
Road Frontage Type: Access via County Road, Access via Highway
Road Surface Type: Maintained
Zoning: R-R

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 573
Stories: 1.0
Lot Size: 0.78 acres
Style: Other
Year Built: 1935
Year Renovated: 1935
County: Riverside County
APN: 323120001

Home facts updated by county records on Aug 7, 2026

Other

Miscellaneous Information
Exclusions: horse stalls

Listing Information
Days Active in MLS: 3
Continuous Days Active in MLS: 3

Listing Agent Information
List Agent First Name: Giselle
List Agent Last Name: Martinez

Listing Office Information
List Office Name: Excellence RE Real Estate

Selling Agent Information
Buyer Agent First Name: Manuel
Buyer Agent Last Name: Meraz

Selling Office Information
Buyer Office Name: Master Key Real Estate

Around this home

Schools

Good Hope Elementary School

Public K-6 • Assigned • 1.5mi

2/10

Pinacate Middle School

Public 7-8 • Assigned • 2.9mi

1/10

Perris High School

Public 9-12 • Assigned • 2.9mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

6/10 Fire Factor

11% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 103° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

19 unhealthy days expected this year, 23 days in 30 years

Provided by First Street

Historical weather

Perris, CA • 92570

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$570,000 – $690,000

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Nearby similar homes

$1,199,000

10 beds6.5 baths5,508 sq ft

22125 Post Rd, Perris, CA 92570

New listings for sale in 92570

OPEN SAT, 12PM TO 3PM

$420,000

2 beds2 baths1,960 sq ft

449 Crown Rdg, Perris, CA 92570

3D WALKTHROUGH

$769,900

5 beds2.5 baths2,920 sq ft

19316 Aspenleaf, Perris, CA 92570

COMING SOON

$930,000

3 beds2.5 baths3,263 sq ft

19862 Starmist, Perris, CA 92570

$509,000

5 beds2 baths1,305 sq ft

560 W 10th St, Perris, CA 92570

$499,000

3 beds2 baths1,568 sq ft

22300 Juniper, Perris, CA 92570

$535,000

3 beds2 baths1,462 sq ft

232 1 St, Perris, CA 92570

$1,350,000

3 beds2 baths2,612 sq ft

19217 Idaleona, Perris, CA 92570

$900,000

3 beds1 bath1,339 sq ft

23615 Marshall St, Perris, CA 92570

$990,000

4 beds2 baths2,190 sq ft

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Home values near 22508 Old Elsinore Rd

Data from public records.

Address	Redfin Estimate
22487 Old Elsinore Road, Perris, CA 6 Beds \| 3 Baths \| 2672 Sq. Ft.	$570,923
22401 Old Elsinore Road, Perris, CA 2 Beds \| 2 Baths \| 1080 Sq. Ft.	$287,823

Address	Redfin Estimate
22430 Old Elsinore Road, Perris, CA 2 Beds \| 1 Baths \| 600 Sq. Ft.	$185,322
22520 Old Elsinore Road, Perris, CA 2 Beds \| 1 Baths \| 720 Sq. Ft.	$221,243

Address	Redfin Estimate
22518 Old Elsinore Road, Perris, CA 1 Beds \| 1 Baths \| 573 Sq. Ft.	$374,473
22450 Old Elsinore Road, Perris, CA 3 Beds \| - Baths \| 1104 Sq. Ft.	$319,679

Property information provided by CRMLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 92570, CA

Sale history for 22508 Old Elsinore Rd

Tax history for 22508 Old Elsinore Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 92570

Home values near 22508 Old Elsinore Rd

More real estate resources