Nalren
Open in App

3-Bedroom Residential - 725 E Williams, Banning, CA

$780,000

725 E Williams, Banning, CA

View in Nalren App Get the App

Description

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.

Property details

Bedrooms
3
Bathrooms
3
Square feet
1,744
Year built
1950
Property type
Residential
Lot size
73,181 sqft

Location

725 E Williams • Banning, CA 92220

More homes for sale and rent in Banning, CA →

Listed by

Fereshteh Haddad · ACREAGE REAL ESTATE

Similar Listings

Recent sales near 725 E Williams

Closed sales reported in 92220, nearest first, last 12 months. All recent sales in Banning →