NOT LISTED FOR SALE

403 E Williams St Banning, CA 92220

3 Beds
2 Baths
-- Sq Ft
0.92 Acres

Last Sold January 13, 2015

Last sale price $300,000

26 Days on Market

About This Home

As of January 2015

What a great investment opportunity, Seller motivated,nice area across the street from(under construction) Banning Court House,five units (4) 1 Bedroom, 1Bathroom and (1) 2 bedroom, 1 bathroom detached home, low vacancy, units located within walking distance from Old Downtown Banning,with easy access to 10 Freeway.
Each unit has its own private back patio,the property is individually metered for gas and electricity.This property has approximately 39,969 sqft of lot size,which includes ample parking spaces for tenants .Great opportunity to live in one and let the other 4 units pay for your investment.

Last Agent to Sell the Property

LETICIA DOBRANSKI

IMPORIUM REALTY CORPORATION License #01276118 Listed on: 11/18/2014

Last Buyer's Agent

Ismael Chavez

The Agency License #01797522

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.92 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 161
  • Tax Tract Number 442
  • Assessor Parcel Number 541110004

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,107
  • Trash Expense $60
  • Water Sewer Expense $150
  • New Taxes Expense $3,456
  • Gross Income $3,275
  • Net Operating Income $30,808

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 541110004
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 11.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 39969.00
  • Lot Size Acres: 0.9180

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3275.00
  • Gross Scheduled Income: 39300.00
  • Insurance Expense: 1107.00
  • Lot Size Area: 39969.0000 Square Feet
  • Net Operating Income: 30808.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 707.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3456.00
  • Tax Lot: 161
  • Tax Tract Number: 442
  • Tax Year: 2013

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
01/13/2015 01/13/15 Sold $300,000 -9.1% --
12/14/2014 12/14/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $330,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14246097

California Regional Multiple Listing Service (CRMLS)

APN: 541-110-004