Movoto Real Estate
Sold on 12/05/2025
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197 E 7th St, Perris, CA 92570

$540,000

Last sold 12/05/2025 after 80 Days

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    bed

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    bath

Multi-family not for sale

About 197 E 7th St

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
First time on the market in over 40 years! This rare offering features two detached homes on one corner lot, each with its own address, garage, and private fenced yard. Long-term family owned and occupied, this property presents incredible potential for multi-generational living, investment, or dual rental income. The main residence is located at 197 E 7th St, while the secondary home sits at 704 S Perris Blvd. Both units offer 2 bedrooms and 1 bathroom, along with their own attached garages and separate yards for privacy. The unit at 704 S Perris Blvd has been tastefully updated, showcasing an upgraded kitchen, updated flooring, modern recessed lighting, and more. Each home also features the comfort and efficiency of mini-split heating and cooling systems, providing year-round climate control. Set on a corner lot with dual addresses, this property offers flexibility—live in one and rent the other, keep both as income-producing units, or create a family compound with space for everyone. The location is convenient to local schools, shopping, dining, parks, and commuter routes, making it a desirable spot for both residents and tenants alike. Homes with this kind of versatility and pride of ownership rarely come to market. Don’t miss this exceptional opportunity to secure a property with endless possibilities in the growing city of Perris.
Listed by
Listing Agent - Lauren Espey
Listing Agent Contact: Realtorlaurenespey@gmail.com
Listing Office - Century 21 Masters
Source: CRMLS mls logo
MLS#SW25218395 • last updated 10 months ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.17
Lot Size (SqFt) 7405
Year Built 1958
Interior
Interior Features Ceiling Fan(s)
Accessibility Features 2+ Access Exits
Exterior
Building Area Square Feet, 2272
Parking Direct Garage Access, Driveway, Garage
# Parking Spaces 2
# Garage Spaces 2
Lot Description Corner Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Curbs, Sidewalks, Suburban
Directions Located On The Corner Of E 7th St And S Perris Blvd
APN 313262015
Multifamily Details
$535K
Range: $481K-$588K
Last 30 days 
Rental est.: $2,687/month
Gross rent multiplier: 16.7
  • Dec 2025
    mls logo MLS # SW25218395
  • Dec 5, 2025 Sold
    $540,000 (-1.8%)
  • Oct 22, 2025 Pending
    —
  • Oct 3, 2025 Listed
    —
  • Sep 26, 2025 Pending
    —
  • Sep 16, 2025 Listed
    $549,900
  • Year Property taxes Tax assessment
  • 2024
    $2,340 +28.1%
    $130,524 +4.04%
  • 2023
    $1,827 +2.7%
    $125,458
  • 2022
    $1,779 +24.7%
    $125,458 +4.04%
  • 2021
    $1,427 +0.3%
    $120,588 +1.04%
  • 2020
    $1,423 +2.3%
    $119,352
  • 2019
    $1,390 +4.7%
    $119,352 +2.0%
  • 2018
    $1,328 +1.4%
    $117,013 +2.0%
  • 2017
    $1,310 +2.0%
    $114,720 +4.04%
  • 2016
    $1,284 +2.0%
    $110,267
  • 2015
    $1,259
    —
  • 197 E 7th St
    $540K
  • Downtown Perris
    $499K -9% y/y
  • 92570
    $599K 0% y/y
  • Perris
    $594K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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