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PRIME DOWNTOWN PERRIS DEVELOPMENT OPPORTUNITY! Three contiguous vacant parcels totaling approximately 3 acres, located near 7th Street & G Street and being sold together. Situated within the Downtown Perris Specific Plan – Urban Village district, offering excellent potential for high-density residential and mixed-use development. Urban Village development concepts include 3–5 story stacked flats, rowhouses, courtyard housing, live/work units, and mixed-use buildings with residential above ground-floor commercial uses. City planning documents indicate Urban Village zoning may accommodate densities up to approximately 35 dwelling units per acre, providing the potential for a significant multifamily development. Current preliminary estimates suggest 54+ units may be possible, subject to City approval and site design. City of Perris Flat, vacant land with street frontage and no existing structures offers a strong infill development opportunity in the heart of Perris. Conveniently located near Downtown Perris, shopping, restaurants, schools, Metrolink, major transportation corridors and freeway access. APNs 310-090-003, 310-090-004 & 310-090-005. All three parcels are being sold together for $2,100,000. No development plans or entitlements are currently in place. Buyer and buyer's agent to independently verify zoning, acreage, allowable density, unit count, permitted uses, utilities, development standards and all development potential with the City of Perris and appropriate agencies.
Listing agent: GREGG HOLT DRE #01748493 Gregg@NorthSouthRealty.net, Listing office: North South Realty
MLS data updated 10/19/2026, 2:06:10 AM PT
Source: CRMLS, MLS #: IV26199828
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 1, 2026
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This home · nearest recorded event
$2,100,000Original asking price · Sep 1, 2026ZIP 92570 · Sep 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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