NOT LISTED FOR SALE

1646 W Williams St Banning, CA 92220

5 Beds
5 Baths
2,921 Sq Ft
9,656 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $739,000 $253 Per Sq Ft

14 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Accessible Parking
  • No HOA
  • Living Room
  • Tile Flooring

About This Home

As of August 2023

INVESTMENT OPPORTUNITY KNOCKS!!!.... Well maintained single story building, 5 one bedroom apartments. recently painted outside. Nice location in the city of Banning, just two minutes from 10 freeway. Close to entertainment like Cabazon Resort and Casino. All residents with very long tenancy and never late with rent payment. All on a month to month Contracts. Individual gas and electric meters for each unit, One water meter for the whole building, water paid by landlord as well as trash service, very low maintenance.
Tile floor in all kitchens. tile on bathrooms floors and walls except for one with fiberglass walls. carpets on all bedrooms,
Rents are low due to length of tenancy, No rent control area.

DRIVE BY ONLY, DO NOT DISTURB TENANTS, FOLLOW SHOWING INSTRUCTIONS.

Last Agent to Sell the Property

MARIA BONILLA

REALTY MASTERS & ASSOCIATES License #01711676 Listed on: 07/21/2023

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,656 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,921 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Mountain Views

Kitchen

  • Gas Range
  • Range Hood
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Sewer

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2 MB
  • Tax Tract Number 44
  • Assessor Parcel Number 538150024
  • $68 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Foothills

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,682
  • Other Expense $2,498
  • Trash Expense $2,376
  • Water Sewer Expense $2,100
  • Operating Expense $8,656
  • Net Operating Income $36,525

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 149980
  • Property Attached: Yes
  • Subdivision Name Other: unk
  • View: Yes
  • Water Sewer Expenses: 2100.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 538150024
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Entry Location: street
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 253.00
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Range Hood
  • Heating Type: Wall Furnace
  • Sewer: Private Sewer
  • Trash Expense: 2376.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9656.00
  • Lot Size Acres: 0.2217

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 44520.00
  • Insurance Expense: 1682.00
  • Lot Size Area: 9656.0000 Square Feet
  • Net Operating Income: 36525.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Range: 5
  • Operating Expense: 7995.00
  • Other Expense: 2498.00
  • Other Expense Description: prop tax
  • Rent Control: No
  • Total Actual Rent: 3710.00
  • Total Expenses: 8656.00

Tax Info

  • Tax Lot: 2 MB
  • Tax Tract Number: 044...
  • TaxOtherAnnualAssessmentAmount: 67.70

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $739,000 -1.5% $253 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $749,900 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MARIA BONILLA

    REALTY MASTERS & ASSOCIATES

    (909) 560-0507

    1 in this area

    15 Total Sales

    MARIA BONILLA
    Section Image

  • N

    Buyer's Agent in 2023

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5 in this area

    5,981 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23134394

California Regional Multiple Listing Service (CRMLS)

APN: 538-150-024

California Riverside County Banning 92220

1646 W Williams St, Banning, CA

This home is located at 1646 W Williams St, Banning, CA 92220 since 21 July 2023. This property was built in 1980. 1646 W Williams St is a home located in Riverside County with nearby schools including Banning High School and Calvary Christian 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

Nearby Homes