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Short Sale – Subject to Lender Approval. Welcome to 129 Olivetree Dr, a move in ready single story home located in an established neighborhood within the growing City of Perris. With continued development, expanding amenities, and convenient commuter access, Perris has become an increasingly attractive option for buyers seeking value, space, and long-term upside in Riverside County. This charming residence offers 2 bedrooms, 1 bathroom, and approximately 794 square feet of thoughtfully updated living space. Inside, you’ll find luxury vinyl plank flooring throughout, creating a clean and modern look while offering durability and easy maintenance. The functional floorplan provides a comfortable flow between the living room, dining area, and kitchen, making the home feel open and efficient for everyday living. The kitchen and living spaces are well positioned for both relaxing and entertaining, while the overall condition of the home reflects pride of ownership and true turnkey appeal. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property is ready for its next chapter. Situated on an approximately 3,920 square foot lot, the backyard offers private outdoor space with room to garden, entertain, or create your own retreat. The attached two car garage provides ample parking and storage, while also presenting possible future ADU or studio conversion potential for those exploring additional income or flexible living options. Buyer to verify all ADU possibilities, zoning, and requirements with the City of Perris. Additional features include laundry hookups in the garage, welcoming curb appeal, and a location convenient to local parks, schools, shopping centers, dining, and freeway access for commuters traveling throughout the Inland Empire. Perris continues to evolve with new growth, infrastructure, and investment, making now an exciting time to purchase in the area. Whether you are looking for a comfortable place to call home or a smart real estate investment, 129 Olivetree Dr offers affordability, functionality, and future potential all in one package.
Listing agent: Christian Rios DRE #02003529 C.RiosSolutions@gmail.com, Listing office: eXp Realty of Southern California, Inc.
MLS data updated 10/16/2026, 11:35:35 PM PT
Source: CRMLS, MLS #: SW26030236
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 3, 2026
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This home · nearest recorded event
$389,000Asking price recorded · Jun 3, 2026ZIP 92571 · Jun 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.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.