Description
Excellent investment opportunity with owner-occupancy flexibility! This well-maintained triplex features a spacious 2-bedroom, 1-bath main residence which is currently vacant for you to move into or rent out, and two 1-bedroom, 1-bath units. Recent improvements include new interior paint and flooring throughout all three units, creating a fresh, move-in-ready appeal. The main residence has been recently refreshed and includes an attached garage with existing plumbing, offering potential value-add opportunities. One unit is currently vacant, providing an ideal option for an owner-occupant or a new tenant, while the other two units are tenant-occupied. Additional features include mini-split HVAC systems in two units, on-site laundry facilities, three gas meters, three electric meters, and two water meters, allowing tenants to pay their own gas and electric utilities. With updated interiors, separate utility metering, and strong rental appeal, this property presents an outstanding opportunity for investors seeking a versatile income-producing asset or buyers looking to offset housing expenses through rental occupancy.
Details
| MLS # | IG26164556 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1960 |
| Days On Site | 38 |
| Listing Provided By | FAMILY TREE REALTY, INC. | Joseph Estrada |
Features
| SQ Feet | 2,224 |
|---|---|
| Garage | 1 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.23 |
| Property View | Yes |
Interior
| Cooling | Ductless, Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Window Features | Blinds |
| Appliances | Gas Range, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Lot Features | Back Yard, Front Yard, Lawn, Yard |
| Fencing | Block, Brick, Chain Link |
Parking
| Parking Features | Driveway, Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Rural |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Banning |
| Zip Code | 92220 |
| Area | 263 Banning | Beaumont | Cherry Valley |
| Community Name | Banning |
| Listing VS Median (in Banning) | |
Price: $599,600 low | high Med: $528,990 sqft: 2,224 low | high Med: 2,533 $ / sqft: $270 low | high Med: $209 On site: 38 low | high Med: 84 | |
Market Activity 92220
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Banning |
| Zip Code | 92220 |
| Area | 263 Banning | Beaumont | Cherry Valley |
| Community Name | Banning |
| Listing VS Median (in Banning) | |
Price: $599,600 low | high Med: $528,990 sqft: 2,224 low | high Med: 2,533 $ / sqft: $270 low | high Med: $209 On site: 38 low | high Med: 84 | |
