NOT LISTED FOR SALE

5231 W Wilson St Banning, CA 92220

Beaumont Area
-- Beds
-- Baths
6,000 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: August 20, 2025

Last sale price $785,000 $131 Per Sq Ft

Highlights

  • 0.32 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of August 2025

6-unit multifamily property in the Inland Empire with stable tenants and below-market rents. Property sold AS-IS with tenants in place.

Last Agent to Sell the Property

Javier Feria

Coast to Coast Real Estate Inv Brokerage Email: info@adu.realestate License #02125445 Listed on: 08/22/2025

Last Buyer's Agent

Javier Feria

Coast to Coast Real Estate Inv Brokerage Email: info@adu.realestate License #02125445 Listed on: 08/22/2025

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 13,939 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • Property Attached
  • Entry on the 6th floor

Interior Spaces

  • 6,000 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 97
  • Tax Tract Number 1001
  • Assessor Parcel Number 408134005

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $3,742
  • Trash Expense $2,427
  • Water Sewer Expense $6,400
  • New Taxes Expense $4,732
  • Operating Expense $32,974
  • Gross Income $59,400
  • Net Operating Income $26,426

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.32 Acres

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 3.40
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 6400.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 408134005
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 6
  • Price Per Square Foot: 130.83

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2427.00

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13939.00
  • Lot Size Acres: 0.3200

Multi Family

  • Gross Income: 59400.00
  • Gross Scheduled Income: 115200.00
  • Insurance Expense: 3742.00
  • Lot Size Area: 13939.0000 Square Feet
  • Net Operating Income: 26426.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 32974.00
  • Rent Control: No
  • Total Expenses: 32974.00

Tax Info

  • New Taxes Expense: 4732.00
  • Tax Lot: 97
  • Tax Tract Number: 001001

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$785,000 Ticor Title
Jaime And Amanda Serrano Family Living Trust -- None Listed On Document
Serrano Jaime G $530,000 Orange Coast Title Co
Ottele Lyle -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,000,000
Previous Owner Serrano Jaime G $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 For Sale $825,000 +5.1% $138 / Sq Ft
08/20/2025 08/20/25 Sold $785,000 -- $131 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $9,658 $785,000 $196,000 $589,000
2025 $9,465 $738,750 $117,076 $621,674
2023 $9,465 $710,066 $112,531 $597,535
2022 $9,318 $696,144 $110,325 $585,819
2021 $9,140 $682,495 $108,162 $574,333
2020 $9,049 $675,497 $107,053 $568,444
2019 $8,908 $662,253 $104,954 $557,299
2018 $8,876 $649,269 $102,898 $546,371
2017 $8,739 $636,539 $100,881 $535,658
2016 $8,510 $624,058 $98,903 $525,155
2015 $8,368 $614,686 $97,418 $517,268
2014 $8,375 $602,647 $95,510 $507,137
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2508292

California Regional Multiple Listing Service (CRMLS)

APN: 408-134-005

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