NOT LISTED FOR SALE

1279 W Williams St Banning, CA 92220

5 Beds
3 Baths
4,300 Sq Ft
0.77 Acres

Last Sold December 20, 2023

Last sale price $700,000 $163 Per Sq Ft

2 Days on Market

Highlights

  • 0.77 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of December 2023

GREAT FOURPLEX WITH INCOME POTENTIAL IN THE HEART OF BANNING, (2) 3 BEDROOMS AND 2 BATHS AND (2) 2 BEDROOMS 1 BATH UNITS, LIVE IN ONE AND COLLECT RENT OR JSUT CREATE SOME INCOME POSSIBILITIES. ZONING MIGHT ALLOW MORE UNITS BUT BUYERS AND THEIR AGENTS TO SATISFY THEMSELVES WITH CITY AND COUNTY OFFICIALS, LOT HAS ALMOST 3/4 OF AN ACRE!

Last Agent to Sell the Property

Hernan Orellana

REAL ESTATE MASTERS GROUP License #01214395 Listed on: 12/04/2023

Last Buyer's Agent

Tammy Newsom

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #01714049

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.77 Acre Lot
  • 1 Common Wall

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,300 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 277
  • Assessor Parcel Number 540103020
  • $85 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,400
  • Trash Expense $215
  • Water Sewer Expense $150
  • Operating Expense $1,765
  • Gross Income $4,050
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Other Phone Description: 909-7541717
  • Price Per Unit: 187500
  • Property Attached: Yes
  • Water Sewer Expenses: 150.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 540103020
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 162.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 215.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 33541.00
  • Lot Size Acres: 0.7700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Gross Income: 4050.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 33541.0000 Square Feet
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 1765.00

Tax Info

  • Tax Lot: 277
  • TaxOtherAnnualAssessmentAmount: 85.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $700,000 -6.7% $163 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $750,000 -- $174 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hernan Orellana

    Seller's Agent in 2023

    Hernan Orellana

    REAL ESTATE MASTERS GROUP

    (909) 754-1717

    28 in this area

    83 Total Sales

    Hernan Orellana
    Section Image
  • Tammy Newsom

    Buyer's Agent in 2023

    Tammy Newsom

    BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

    (951) 492-8470

    6 in this area

    20 Total Sales

    Tammy Newsom
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23220777

California Regional Multiple Listing Service (CRMLS)

APN: 540-103-020

California Riverside County Banning 92220

1279 W Williams St, Banning, CA

This home is located at 1279 W Williams St, Banning, CA 92220 since 04 December 2023. This property was built in 1963. 1279 W Williams St is a home located in Riverside County with nearby schools including Banning High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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