ActiveResidential · sale

718 Torrey Court

Perris, CA 92571

$764,880

  • 4 beds
  • 4 baths
  • 2,584 sq ft
  • 0.16 acres
  • Built 2023

Listed by OLIVEWOOD REALTY GROUP INC · MLS #IV26195339

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PROPERTY QUESTIONS & SHOWINGS

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718 Torrey Court, Perris, CA 92571 · MLS #IV26195339

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Inside you will find a bright, open floor plan filled with natural light, new custom paint, luxury vinyl plank flooring, custom lighting, and ceiling fans throughout.

Details worth a look

Outside you will find a fully landscaped backyard oasis, featuring a covered patio that provides the perfect setting for morning coffee, weekend barbecues, or year-round outdoor enjoyment.

Year built

Built in 2023.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome Home! Discover this exceptional home nestled on a quiet cul-de-sac, offering spacious, thoughtfully designed living with 4 bedrooms, 4 bathrooms, and a versatile flex room with endless possibilities. Perfect for a 5th bedroom, home office, guest room, hobby room, gym or additional living area, this flexible layout is also ideal for multi-generational living, with an additional suite perfect for in-laws providing plenty of room to grow, gather, and feel right at home. Inside you will find a bright, open floor plan filled with natural light, new custom paint, luxury vinyl plank flooring, custom lighting, and ceiling fans throughout. The gourmet kitchen features beautiful cabinetry, custom hardware, quartz countertops, and a spacious island, flowing seamlessly into the main living area. The open-concept design makes entertaining effortless while keeping everyone connected. Enjoy the added convenience of ceiling surround sound with pre-wiring for a 7-speaker system, perfect for movie nights, entertaining, or relaxing at home. The spacious primary suite offers a peaceful retreat, complete with a generously large bathroom, walk-in shower, and ample space to unwind at the end of the day. Outside you will find a fully landscaped backyard oasis, featuring a covered patio that provides the perfect setting for morning coffee, weekend barbecues, or year-round outdoor enjoyment. Additional highlights include no HOA, paid-off solar with a backup battery, providing energy efficiency and added peace of mind. The garage features epoxy flooring along with ample room for parking, storage, and more. Conveniently located near schools, parks, shopping, and major commuter routes, this home combines comfort, flexibility, and convenience in one wonderful package. Come see everything this beautiful home has to offer and discover why it could be your perfect place to call home!

THE NEIGHBORHOOD

Explore the location.

718 Torrey Court, Perris, CA 92571

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months
Months of supply4.112-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2023
Full baths
4
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
SixBurnerStove,BuiltInRange,DoubleOven,Dishwasher,EnergyStarQualifiedAppliances,GasCooktop,Disposal,HighEfficiencyWaterHeater,Microwave
Flooring
Laminate
Utilities
ElectricityConnected,NaturalGasAvailable,SewerConnected,WaterConnected
Fencing
ExcellentCondition
Accessibility
None
Pool
No
Pool features
None
Parcel
302331019
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,187.00
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

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Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #IV26195339 · California Regional MLS

Listing brokerage: OLIVEWOOD REALTY GROUP INC
Listing agent: VICTORIA MURILLO

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.