725 E Williams

Banning, CA 92220
  • $780,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 1,744

    SqFt
  • 1.68

    Acre

About the Listing 52201 - C29055

Attention builders, developers, and savvy investors—725 E Williams St represents a rare, high-yield opportunity in the rapidly expanding Banning market. Boasting a massive, level 1.68-acre lot, this property offers the perfect combination of immediate rental income and massive future upside.The property features a spacious 1,744 sq ft home (3 beds, 1 full bath, 2 half baths, and a 3-car garage) that is currently occupied by reliable tenants. This provides an excellent turnkey setup to generate steady holding income while you navigate architectural planning, engineering, and city permits.Per the City of Banning, the true value lies in the land, which is zoned HDR (High Density Residential). This zoning permits a density baseline of 11 to 18 units per acre, allowing for a 25+ unit build out (with the added possibility of lucrative density bonuses for Senior Housing or Low-Income Housing initiatives). PROPERTY SALES AS IS.

Listing Highlights for 725 E Williams

Status Active
Days on Site 20
Property Type Residential
MLS ® CV26205760
Year Built 1950
Total Square Footage 1,744
Lot/Acreage 1.68

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full / 2 Half
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces: Living Room
  • Floor: Carpet,Vinyl
  • Basement:
  • Other: All Bedrooms Down
  • Water: Public

Exterior Details

  • Lot Description: 16-20 Units/Acre,No Land Lease
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 73,181
  • Zoning: R-3
  • Roof: Tar/Gravel
  • Others: Repairs Cosmetic,Stucco
  • Sewer: Public Sewer
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 541110013
  • Tax Year: N/A

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725 E Williams Banning, CA 92220

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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