Listing date: 2025-01-01, Last update: 2025-01-01

$1,999,900 For Sale

1279 W Williams Street, Banning, CA 92220

  • -Beds
  • -Baths
  • -
    sqft
  • 33,541
    sqft Lot
  • Beds
  • Baths
  • sqft
  • 33,541 sqft lot
Property Highlight
Year built
1947
Listed for
6 days
Price / Home Size
$ - / sqft
Parking
0
HOA
$0 / mo
A/C
Central Air
Home Type
Apartment(Attached)
View
    Description

Incredible Investment Opportunity – 1279 Williams St., Banning, CA Attention seasoned investors! 1279 Williams St. presents a rare opportunity to acquire a high-performing, cash-flowing asset in the heart of Banning, CA. This recently remodeled 5-unit property offers a diverse unit mix to attract a range of tenants, ensuring steady occupancy and strong rental income. The units range in size from a spacious 4-bedroom, 2-bathroom layout to a cozy 1-bedroom, 1-bathroom setup, appealing to families and individuals alike. The property generates an impressive gross rent of $11,700 per month, making it a turnkey investment with significant upside potential. With all major renovations completed, there’s no need for additional upfront expenses—simply step in and start collecting rent immediately. Each unit has been modernized, reducing maintenance costs and ensuring tenant satisfaction. To make this deal even more enticing, the seller is open to carrying a note at a competitive interest rate or exploring creative financing solutions tailored to your needs. These options make it easier than ever to maximize your ROI and secure this incredible property. Strategically located in Riverside County, a region known for its growing demand for rental housing, 1279 Williams St. offers investors the ideal combination of low vacancy rates and high cash flow potential. Whether you’re looking to expand your portfolio or secure a stable income-generating asset, this property is truly a no-brainer. Seize this opportunity to own a fully remodeled, cash-flowing gem that pencils out from day one. Contact us today for more details or to schedule a private tour!

Listing Provided Agent
  • • Name: ROBERT WATKINS
  • • DRE: 01459483
  • • Email: Robert@Watkinsregroup.com
  • • Phone: -
Listing Provided Office
  • • Name: RE/MAX TIME REALTY
  • • Email: eortizwayland@gmail.com
  • • Phone: 909-373-0880
Source
  • • CRMLS #IV24249911crmls logo
Local Information
Home Details for 1279 W Williams Street
Interior
Features
  • Common walls: Two Common Walls Or More
Appliances
  • Laundry: Inside
Bathrooms
Bedrooms
Heating & Cooling
  • Heating: None
  • Cooling: Central Air
Exterior
Features
  • Home Type: Multifamily
  • New Construction: No
  • Levels: One
  • Stories: 1
  • Entry Level: 1
  • Entry Location: 1st floor
Parking & Garage
Lot
  • Size: 33,541 sqft
  • Size source: Assessor
  • Elevation Unit: Feet
Details
  • Parcel Number: 540103020
  • Special Condition: Standard
  • Property Condition: Zoning: R3
  • # of Total unit: 5
  • Common Interest: Community Apartment
Utilities
Utilities
  • Water: Public
  • Sewer: Public Sewer
Community & HOA
Community
  • Mountainous
HOA
Property Financial History
DateEventPrice
01/01/2025Source: CRMLS #IV24249911
Back on Market
-
12/18/2024Source: CRMLS #IV24249911
Off Market
-
12/17/2024Source: CRMLS #IV24249911
Listed for Sale
$ 1,999,900
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