125 N Phillips Street, Banning, CA 92220
Property · 2 recorded sales since 2016
Sold July 2025
Listing Agent: Douglas McCauley (DRE #01155706) · Listing Office: MARCUS & MILLICHAP · Contact: 626-695-6776 · Bought with: David Covarrubias · MARCUS & MILLICHAP · MLS #CV25086830 · Source: CRMLS
About this property
SELLER FINANCING with 45% down payment, payable at 5% interest only, due in five years. Mountain View Mobile Home Park, a value-add investment opportunity located at 125 North Phillips Street in the growing city of Banning, California. Situated on a 1.40-acre parcel, this all-age community offers a diverse mix of 11 mobile home spaces, 3 cottage-style studio apartment units, and a two-story apartment building with two one-bedroom/one-bathroom units. The northern portion of the property remains underutilized, presenting significant potential for redevelopment or expansion (buyer to verify zoning and development options). With its unique combination of residential units and underused land, Mountain View MHP offers investors the opportunity to capitalize on Banning’s evolving real estate market and unlock future growth and value. Nestled in the San Gorgonio Pass between the San Bernardino and San Jacinto Mountains, Banning is ideally situated along Interstate 10, just 90 miles east of Los Angeles and 30 miles west of Palm Springs, making it a key access point between major Southern California markets. The city benefits from excellent transportation and distribution access, which supports both residential and commercial development. Just minutes away are the Cabazon Outlets and Morongo Casino Resort & Spa, a popular entertainment hub that is currently expanding with a new four-story hotel set to open in 2026, further boosting regional tourism and economic activity.
Listing description from the July 2025 sale, as reported to CRMLS.
Sale history
