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$760,000
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Property Description
TWO HOMES ON ONE LOT - Rare 2.40-acre residential compound in Perris offering two completely independent living spaces on a single APN. Live in one and rent the other, multi-generational living, or straight investment - the flexibility here is hard to find at this price point.
The main residence at 875 Wilson Ave is a spacious 4-bedroom / 2-bath single-story home with approximately 1,570 SF of living area, an open-concept kitchen, dining, and living room, a primary suite with walk-in closet and en-suite bath, three additional bedrooms, and a large enclosed patio/bonus room that adds approximately 391 SF of flexible space - ideal as a sunroom, playroom, home office, or additional lounge.
The secondary residence at 879 Wilson Ave is a well-maintained 3-bedroom / 2-bath single-story home at approximately 1,130 SF with an attached two-car garage and private driveway, built in 2004. Completely separate entrance, completely independent living.
Both homes are single-story and sit on a flat, fully usable lot of approximately 104,544 SF (2.40 acres) with plenty of room for vehicles, outdoor space, storage, and privacy between the two residences.
Property Highlights:
•Two separate addresses (875 & 879) on a single APN 311-170-018
•4/2 main home (±1,570 SF living + ±391 SF bonus patio) + 3/2 secondary home (±1,130 SF)
•Combined estimated rental income: $4,750-$5,250/mo if both units leased
•FHA financing eligible as a 2-unit property - 3.5% down available
•2026 FHA 2-unit loan limit for Riverside County: $824,450 - all price points qualify
•Flat 2.40 acres - no grading needed, fully usable
•R-10,000 zoning - City of Perris
•Long-held family property (since 1986)
•Possible use as a 6-bed assisted living facility with proper permitting and upgrading
This is an owner-occupant's dream for building equity while offsetting carrying costs, and an investor's opportunity to acquire two income streams on one deed in a growing Inland Empire submarket. Perris median home price: $573,000 and rising.
Buyer to verify all square footage, zoning, permitted uses, and lot configuration independently. Property sold as-is. All information deemed reliable but not guaranteed.
Full Property Details
Full Property Details for 875 Wilson
General
- Sold For: $760,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV26123352
- Added to Site: 81 day(s) ago
Rooms
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: SRCAR - Southwest Riverside County
- County: Riverside
- Development Name: SRCAR - Southwest Riverside County
- Driving Directions: From the 215 Fwy, take the CA-74 E/Redlands Ave exit going east, follow Redlands Ave, turn right onto E San Jacinto Ave., left onto Wilson Ave., property will be on your right.
Heating & Cooling
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,225
- Year Built: 2004
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 2.4
- Lot Size Source: Assessor
- Lot Description: Lot Over 40000 Sqft, Rectangular Lot, 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $235.66
- Price Per Unit: 387500
Listed by M G R Real Estate, ALEX GONZALEZ
Sold by Southland Real Estate Group Inc., DENNIS ARGUELLO
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Schools
Schools serving 875 Wilson
School Districts:Perris Union High School District, Perris Elementary School District
| Name | Grades | Distance |
|---|---|---|
Sky View Elementary School 625 Mildred Street, Perris, CA 92570 | K-6 | 0.2 mi |
Pinacate Middle School 1990 South A Street, Perris, CA 92570 | 7-8 | 2.4 mi |
Perris High School 175 East Nuevo Road, Perris, CA 92571 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 875 Wilson
Date
Details
Price
Change
Source
7/23/2026
Sold
$760,000
-1.94%
MLS
6/09/2026
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
875 Wilson, Perris, CA 92571 (MLS# IV26123352) is a Multi-Family property that was sold at $760,000 on July 23, 2026. Want to learn more about 875 Wilson? Do you have questions about finding other Multi-Family real estate for sale in Perris? You can browse all Perris real estate or contact a Coldwell Banker agent to request more information.

