725 E Williams, Banning, CA 92220
725 E Williams, Banning, CA 92220
725 E Williams, Banning, CA 92220
725 E Williams, Banning, CA 92220
725 E Williams, Banning, CA 92220
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$ 780,000
Est. payment | /mo

3 Beds

3 Baths

1,744 SqFt


Save
$ 780,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,744 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,744 sqft

Price per Sqft $447

MLS Listing ID CV26205760

Bedrooms 3

Full Baths 1

Half Baths 2

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1950

Lot Size 1.680 Acres

Property Sub-Type Single Family Residence

Property Description

Attention builders, developers, and savvy investors—725 E Williams St represents a rare, high-yield opportunity in the rapidly expanding Banning market. Boasting a massive, level 1.68-acre lot, this property offers the perfect combination of immediate rental income and massive future upside.The property features a spacious 1,744 sq ft home (3 beds, 1 full bath, 2 half baths, and a 3-car garage) that is currently occupied by reliable tenants. This provides an excellent turnkey setup to generate steady holding income while you navigate architectural planning, engineering, and city permits.Per the City of Banning, the true value lies in the land, which is zoned HDR (High Density Residential). This zoning permits a density baseline of 11 to 18 units per acre, allowing for a 25+ unit build out (with the added possibility of lucrative density bonuses for Senior Housing or Low-Income Housing initiatives).
PROPERTY SALES AS IS.

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Zoning R-3

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link

Pool None

Community Features Street Lights, Sidewalks

View Y/N Yes

View City Lights, Mountain(s)

Roof Type Tar/Gravel

Porch None

Total Parking Spaces 3

Private Pool No

Building

Lot Description 16-20 Units/Acre

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Schools

School District Banning Unified

Others

Senior Community No

Tax ID 541110013

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Fereshteh Haddad ACREAGE REAL ESTATE 909 518-5848, DRE #01220577

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Dusty Mulhearn

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