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Investment opportunity – Do Not Disturb Tenants. Calling all investors and developers! 640 Apache Rd is a rare chance to own property in Perris with NO HOA, NO space rent – you own the land! With no age restrictions, this parcel offers multiple exit strategies including fix and flip, redevelopment, or a long-term rental hold. The existing 3-bedroom, 1-bath mobile home sits on a generous 7,405 sq ft lot, providing ample space for future improvements or a complete replacement with a newer unit. All utilities are currently run and connected, adding convenience and value to the site. Being sold AS-IS, exact property condition is not verified and major repairs are expected. This is a perfect opportunity for those seeking a value-add property with potential for strong returns and future appreciation. Ideal for cash or experienced investors looking to expand their portfolio in a growing area of Riverside County. Drive-by only – property is tenant occupied, please do not disturb occupants.
Listing agent: Lauren Barnett DRE #02223468 lauren@hmrealtysocal.com, Listing office: H & M Realty Group
MLS data updated 10/19/2026, 9:27:56 AM PT
Source: CRMLS, MLS #: OC25243668
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 21, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$174,000Closed sale · Apr 21, 2026ZIP 92570 · Apr 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.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.