162 N 3rd

Banning, CA 92220

About this property

*** Back on the Market*** Previous transaction did not close due to buyer/lender's inability to perform, at no fault of seller or property. Great investment opportunity in the heart of Banning! This versatile duplex features two separate units with individual electric and gas meters, making it ideal for rental income or multi-generational living. The front unit offers 1 bedroom and 1 bathroom, complete with its own private fenced front yard, four dedicated parking spaces, and an extended driveway for added convenience. The rear unit features a spacious 2 bedroom, 1 bathroom layout, along with a private outdoor area and ample parking space, perfect for vehicles, equipment, or recreational toys. The long driveway extends from the front of the property all the way to the rear easement, providing additional parking and easy access throughout. Both units offer private, independent living spaces, creating a comfortable and functional setup for occupants. The property also includes a detached laundry room in a separate structure, as well as a detached two-car garage offering additional storage or parking potential. Situated on a fully fenced lot, the property provides privacy, security, and plenty of outdoor space for tenants or future improvements. Conveniently located near local shopping, dining, and with easy access to major commuter routes, this property presents an excellent opportunity for investors or buyers looking to offset their mortgage with rental income. Don’t miss your chance to own a well positioned, income producing property in a growing area!

About this property

*** Back on the Market*** Previous transaction did not close due to buyer/lender's inability to perform, at no fault of seller or property. Great investment opportunity in the heart of Banning! This versatile duplex features two separate units with individual electric and gas meters, making it ideal for rental income or multi-generational living. The front unit offers 1 bedroom and 1 bathroom, complete with its own private fenced front yard, four dedicated parking spaces, and an extended driveway for added convenience. The rear unit features a spacious 2 bedroom, 1 bathroom layout, along with a private outdoor area and ample parking space, perfect for vehicles, equipment, or recreational toys. The long driveway extends from the front of the property all the way to the rear easement, providing additional parking and easy access throughout. Both units offer private, independent living spaces, creating a comfortable and functional setup for occupants. The property also includes a detached laundry room in a separate structure, as well as a detached two-car garage offering additional storage or parking potential. Situated on a fully fenced lot, the property provides privacy, security, and plenty of outdoor space for tenants or future improvements. Conveniently located near local shopping, dining, and with easy access to major commuter routes, this property presents an excellent opportunity for investors or buyers looking to offset their mortgage with rental income. Don’t miss your chance to own a well positioned, income producing property in a growing area!

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$430,000 Active
0 Bed(s)
0
Baths
1,252 sqft

Presented By Desert Lifestyle Properties

Agent Image
Get in touch today! Phone: 1-760-818-7518
Brokerage
REALTY MASTERS & ASSOCIATES
1-909-303-4500
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

263 Banning | Beaumont | Cherry Valley | Riverside County | Solera (SLRA)

$ 430,000
This listing is play_arrow 6.5% lower than the average in the area
$ 460,000 in the area
1,252 SqFt
This listing is play_arrow 36.1% smaller than the average in the area
1,961 SqFt in the area
$ 343 $/SqFt
This listing is play_arrow 45.3% more than the average in the area
$ 236 $/SqFt in the area
45 days on site
This listing is play_arrow 200.0% above the average in the area
15 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Arturo Hernandez
Brokerage: REALTY MASTERS & ASSOCIATES

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Desert Lifestyle Properties

By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains