$525,000
$550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2,358 SqFt
SOLD DATE : 12/10/2021
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,358 sqft
Price per Sqft $222
MLS Listing ID IG21020809
Sold Date 12/10/21
HOA Y/N No
Year Built 1947
Annual Tax Amount $2,039
Tax Year 2020
Lot Size 1.580 Acres
Acres 1.58
Lot Dimensions Public Records
Property 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!
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Heating Central, Wall Furnace
Cooling Evaporative Cooling
Fireplace No
Laundry Laundry Room
Exterior
Fence Block, Chain Link, Wood
Utilities Available Electricity Connected
Roof Type Composition
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Lot Over 40000 Sqft, Landscaped, Street Level
Story 1
Water Public
Others
Tax ID 538190019
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jose Jesus Acosta • Corcoran Global Living
GET MORE INFORMATION
Partner | Lic# DRE# 01065018/02178736