Movoto Real Estate
Sold on 12/10/2025
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20975 Oleander Ave, Perris, CA 92570

$1,075,000

Last sold 12/10/2025 after 79 Days

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    bath

Multi-family not for sale

About 20975 Oleander Ave

Property type Multi-family
Year built 1994
HOA fee $0/month
Lot size 2.21 Acre
Parking 2 garage spaces
Rental estimate
Property description
A Rare Opportunity: Two Remodeled Homes on 2.21 Usable Acres! Discover the ultimate in flexible living and investment potential with this unique property featuring two meticulously remodeled, single-story homes on a massive 2.21-acre usable lot. The possibilities are truly endless—bring your business equipment, semi-trucks, farm animals, or explore the potential for adding more homes. Access gates from all three sides of the lot. MAIN HOME: Step inside and be immediately impressed by the open layout and attention to detail. This home has been thoughtfully renovated with luxurious finishes throughout, including new baseboards and casing, fresh interior and exterior paint, modern plumbing and lighting fixtures, and durable waterproof luxury vinyl plank flooring. The dream kitchen is a showstopper, featuring sleek quartz countertops, wood shaker cabinets with custom features (lazy Susan, spice rack, pull-out trash/recycle bins, and soft-close doors/drawers), a stainless steel sink, and quality stainless steel appliances. The open-concept great room, with a beautiful wood-burning fireplace, is perfect for entertaining. The spacious primary bedroom boasts a walk-in closet with double shelving, and the primary bathroom offers a new, easy-to-clean walk-in shower and dual sinks. The secondary bedrooms are exceptionally large, providing plenty of space. SECOND HOME: The second home, with its own separate address and private gated driveway, features 1 bedroom and 1 bathroom. It showcases similar high-quality finishes to the main house, including new flooring, complete kitchen and bathroom with two sinks. Enjoy comfort year-round with two mini-split A/C units and peace of mind with a new roof and concrete patio. Both homes are designed for energy efficiency with newer LED lighting and dual-pane vinyl windows. The property also includes an oversized two-car garage perfect for storing vehicles and favorite toys and a separate RV pad. This is a rare chance to own a versatile property with pride of workmanship, so you can have pride of ownership from day one.
Listed by
Listing Agent - John Babai
Listing Agent Contact: 949-216-8200
Listing Office - Arc Realty
Source: CRMLS mls logo
MLS#OC25218102 • last updated 10 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 2.21
Lot Size (SqFt) 96268
Year Built 1994
Condition Updated/Remodeled
Interior
Appliances Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Vented Exhaust Fan, Water Heater Central, Water Heater, Water Line To Refrigerator
Interior Features In-Law Floorplan, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting
Accessibility Features 2+ Access Exits, 32 Inch Or More Wide Doors, Doors - Swing In, No Interior Steps
Window Features Double Pane Windows, Low Emissivity Windows, Screens
Exterior
Foundation Slab
Construction Drywall Walls, Stucco
Building Area Square Feet, 2516
Parking Direct Garage Access, Driveway, Concrete, Paved, Garage, Garage Faces Front, Garage Door Opener, Gated, Oversized, RV Access/Parking, RV Potential
# Uncovered Spaces 30
# Parking Spaces 32
# Garage Spaces 2
Other Structures Guest House Detached, Two On A Lot
Lot Description Back Yard, Corner Lot, Front Yard, Horse Property Unimproved, Landscaped, Lawn, Lot Over 40000 Sqft, Ranch, Sprinklers Drip System, Sprinklers In Front
Amenities / Utilities
Fireplaces Family Room, Gas
Sewer/ Septic Conventional Septic
Water Source Public
Electric 220 Volts In Garage
Spa None
Pool None
Location
View Mountain(s)
County Riverside
Community Features Horse Trails, Rural
Neighborhood Mead Valley
Zoning A-1-1
Directions Corner Of Oleander Ave & Brown St., Park In Front Of 18025 Brown St. (house W/ Tile Roof W/ Driveway)
APN 315040016
Multifamily Details
Expense: Trash 1200
Expense: Insurance 3000
Total Expenses 5400
Expense: Water/ Sewer 1200
Gross Income 72000
Gross Scheduled Income 72000
Lot/ Land Details
Road Frontage County Road
Road Surface Paved
Rental est.: $2,687/month
Gross rent multiplier: 33.3
  • Dec 2025
    mls logo MLS # OC25218102
  • Dec 10, 2025 Sold
    $1,075,000
  • Dec 10, 2025 Pending
    —
  • Nov 26, 2025 Listed
    —
  • Oct 17, 2025 Pending
    —
  • Sep 22, 2025 Listed
    $1,099,900
  • Dec 2025
    mls logo MLS # OC25199633
  • Dec 10, 2025 Sold
    $1,075,000
  • Dec 10, 2025 Pending
    —
  • Nov 26, 2025 Listed
    —
  • Oct 17, 2025 Pending
    —
  • Oct 1, 2025 Price Change
    $1,075,000 (-2.3%)
  • Sep 22, 2025 Listed
    $1,099,900
  • Year Property taxes Tax assessment
  • 2024
    $2,164 +1.0%
    $192,960 +4.04%
  • 2023
    $2,143 +2.0%
    $185,468 +14.17%
  • 2022
    $2,101 +13.8%
    $162,445 +2.0%
  • 2021
    $1,846 +1.0%
    $159,260
  • 2020
    $1,828 +6.4%
    $159,260 +1.04%
  • 2019
    $1,718 +1.4%
    $157,628 +2.0%
  • 2018
    $1,695 +2.4%
    $154,539 +2.0%
  • 2017
    $1,656 +1.1%
    $151,509 +4.04%
  • 2016
    $1,637 +1.5%
    $145,628
  • 2015
    $1,613
    —
  • 20975 Oleander Ave
    $1.07M
  • —
  • 92570
    $599K +1% y/y
  • Perris
    $593K 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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