NOT LISTED FOR SALE

506 W Williams St Banning, CA 92220

4 Beds
4 Baths
2,072 Sq Ft
0.59 Acres Lot

Sale Details

Date Sold: August 15, 2016

Last sale price $250,000 $121 Per Sq Ft

22 Days on Market

Highlights

  • Private Pool
  • Fireplace in Bathroom
  • Laundry Room
  • 25,700 Sq Ft lot
  • Cooling Available
  • Wall Furnace

About This Home

As of August 2016

506 W. Williams St. Apt: A & B, 508 W. Williams St. four apartment units, all 4 units situated on a large .59 acre fenced lot, all four units are 1 bedroom, 1 bathroom, fully occupied, $2,400 monthly income, $28,800 annual income.

Last Agent to Sell the Property

Manny Houshmand

KELLER WILLIAMS REALTY License #01272049 Listed on: 06/15/2016

KELLER WILLIAMS REALTY

Co-Listed By

JOYCE GEBHART

CENTURY 21 TOP PRODUCERS License #01253279

Last Buyer's Agent

Jenny Zhang

IRN REALTY License #01854689

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 25,700 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,072 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Parking

  • 10 Parking Spaces
  • Parking Available
  • Gravel Driveway
  • Unassigned Parking

Pool

  • Private Pool

Utilities

  • Cooling Available
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 245
  • Tax Tract Number 910
  • Assessor Parcel Number 5401700280000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $300
  • Gross Income $2,400
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0.59 Acres

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 5401700280000
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Bath, Family Room, Gas, Kitchen
  • Levels: One
  • Price Per Square Foot: 120.66

Exterior Features

  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Gravel, Unassigned
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25700.00
  • Price Per Lot Square Foot: 9.73

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Net Operating Income: 25200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • Tax Lot: 245
  • Tax Tract Number: 00910
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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
08/15/2016 08/15/16 Sold $250,000 -9.1% $121 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $275,000 -- $133 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV16129957

California Regional Multiple Listing Service (CRMLS)
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