$535,000

2705 W Lincoln Street

Banning CA, 92220

Description

Attn Investors!!! Unique Opportunity, Multi Family, Zoned General Commercial. Two homes on 1.58 acres. Two separate addresses, 1 lot. Currently Tenant Occupied. Live in one, rent the other or use as General Commercial. Three large storage containers, permitted on foundations which add another 960 square feet of usage and are currently rented for $100 ea per mo. Homes have been updated in 2013 and ready to move in. One home has been divided for two fully contained living areas 2/1 and 1/1 Can be converted back to a 3/2. Second home is 1/1 built in 1958. Homes are fenced with storage, yards, fruit trees. Keep as current use or add your commercial usage, verified with City of Banning. Conveniently located to Freeway for commuters. Close to Schools, Outlet Mall, Morongo Casino and Palm Springs!

Details

MLS#IG21020809
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site26

Features

SQ Feet2,358
Units3
Building(s)2
Water FrontNo

Market Activity 92220

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Area Information
StateCA
CountyRiverside
CityBanning
Zip Code92220
Area263 - BanningBeaumontCherry Valley
Listing VS Median (in 92220)
Price:
$535,000
low | high
Med:
$276,450
98.327102803738% of Average
SqFt:
2,358
low | high
Med:
1,125
100% of Average
$ / SqFt:
$227
low | high
Med:
$247
41.116795447423% of Average
On Site:
26
low | high
Med:
69.5
37.410071942446% of Average
Listing Updated: February 8, 2021 8:28:48 AM PST
Janet Laprade LogoMLS Number: IG21020809
Listing Provided By:
Janet Laprade  of  Realty Benefit
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.