$699,000
PENDING

Estimated payment $4,209/month

Total Views 4,331
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1-Story Property
  • Central Air
  • Property is Fully Fenced

About This Home

Incredible investment opportunity in a prime location! This fully rented tri-plex sits on a spacious half-acre lot with room to expand or build additional units. The property features three separate homes, a 4-bed, 2-bath main house, a 1-bed, 1-bath unit, and a studio, each offering privacy and versatility for tenants or multi-generational living. Energy efficient upgrades such as solar and mini splits. The large lot offers ample parking, open space, and potential for future development or ADU additions. Whether you’re looking to grow your portfolio or live in one unit while renting the others, this property checks all the boxes. Strong rental income, modern upgrades, and endless upside potential make this a rare find!

Listing Agent

Caleb Northcutt

eXp Realty of California, Inc. License #02245351 Listed on: 10/15/2025

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • 1-Story Property

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Rancho Village Community
  • Rancho Village Subdivision

Building Details

  • Operating Expense $10,710

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Unit Levels: 1 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 7.1
  • Co List Office Mls Id: 992900
  • Subdivision Name: Rancho Village (33625)
  • BuildingName: Rancho Village
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-12-05T23:33:40Z
  • AgeRestrictions: N/K
  • FullAddress: 820 N Perris Blvd
  • ShortSale: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Fencing: Full
  • Roof: Composition
  • Construction Type: Stucco

Utilities

  • Cooling: Central Forced Air, Wall/Window

Rental Info

  • Tenant Pays: N/K

Multi Family

  • Number Of Buildings: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 10710.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,684 $546,210 $130,050 $416,160
2023 $6,684 $525,000 $125,000 $400,000
2022 $3,503 $248,775 $42,798 $205,977
2021 $2,864 $243,898 $41,959 $201,939
2020 $2,842 $241,398 $41,529 $199,869
2019 $2,776 $332,441 $46,663 $285,778
2018 $3,708 $325,924 $45,750 $280,174
2017 $2,099 $182,043 $36,397 $145,646
2016 $2,057 $178,475 $35,684 $142,791
2015 $2,017 $175,797 $35,149 $140,648
2014 $1,970 $172,355 $34,461 $137,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2025 11/28/25 Pending -- -- --
10/15/2025 10/15/25 For Sale $699,000 0.0% --
07/31/2022 07/31/22 For Rent $3,000 0.0% --
01/20/2022 01/20/22 Sold $510,000 -5.5% $175 / Sq Ft View Prior Sale
10/21/2021 10/21/21 Pending -- -- --
09/19/2021 09/19/21 Price Changed $539,900 -8.5% $185 / Sq Ft
08/10/2021 08/10/21 Price Changed $589,900 -5.6% $203 / Sq Ft
07/21/2021 07/21/21 For Sale $625,000 -- $215 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Wfg Title Company
Quit Claim Deed -- Wfg Title Company
Grant Deed -- Ticor Title
Deed -- Stewart Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $576,000 New Conventional
Previous Owner $459,000 New Conventional
Source: Public Records

Source: San Diego MLS

MLS Number: 250042519

San Diego MLS

APN: 311-072-011