$1,999,900

Est. payment - /mo

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0.77 Acres Lot

Active

1279 W Williams ST Banning, CA 92220

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Solera (Slra)

MLS Listing ID IV24249911

HOA Y/N No

Year Built 1947

Lot Size 0.770 Acres

Property Sub-Type Apartment

Property 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!

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Zoning R3

Interior

Heating None

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Mountainous

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 540103020

Acceptable Financing Owner Will Carry, Submit

Listing Terms Owner Will Carry, Submit

Special Listing Condition Standard

Listed by ROBERT WATKINS • RE/MAX TIME REALTY • 909-205-5848

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