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Ana Algarin

ana@anaalgarin.com +1(760) 208-3978

$ 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 Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,744 sqft

Price per Sqft $447

MLS Listing ID CV26205760

Style Ranch

Bedrooms 3

Full Baths 1

Half Baths 2

Year Built 1950

Lot Size 1.680 Acres

Lot Dimensions 73,181

Property Sub-Type Detached

Property Description

Attention builders, developers, and savvy investors725 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

Zoning R-3

Direction 10 E Exit Hargrave st left on Hargrave st left on Williams st 300 FT PROPERTY ON YOUR RIGHT.

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Carpet, Linoleum/Vinyl

Fireplaces Type FP in Living Room

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 3.0

Fence Chain Link

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, City Lights

Roof Type Rock/Gravel

Total Parking Spaces 3

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 541110013

Acceptable Financing Cash, Cash To Existing Loan, Cash To New Loan, Conventional, Exchange

Listing Terms Cash, Cash To Existing Loan, Cash To New Loan, Conventional, Exchange

Special Listing Condition Standard

Listed by Fereshteh Haddad, DRE#01220577 ACREAGE REAL ESTATE
Co-listed byNON LISTED OFFICE

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(760) 208-3978

ana@anaalgarin.com

Learn More About LPT Realty

725 E Williams Banning, CA 92220