$550,000 2705 W Lincoln Street Banning, CA

MLS: IG21019942   Type: Pending   County: Riverside   City: Banning   Area: Banning-beaumont-cherry Valley   Zip: 92220   Style: Cottage     Stories: 1   Taxes: $1,994

Mortgage $2,582 /mo



Half Baths

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Attn Investors!!! Unique Opportunity, Multi Family. Two homes on 1.58 acres. Two separate addresses, 1 lot. All currently Tenant Occupied. Live in one, rent the other. Three large storage containers, permitted on foundations which add another 960 square feet of usage. RV Parking with all Hook-Ups. 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 and 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 near I10 Freeway for commuters. Close to Schools, Outlet Mall, Morongo Casino and Palm Springs!

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Price History

1/30/2021 Listed $535,000

Accessibility No Stairs, Parking
Additional Parcels Y/N No
Architectural Style Cottage
Association Y/N No
Community Features Rural
Construction Materials Drywall, Concrete
Cooling Evaporative Cooling
Electric Standard
Facing Direction South
Garage Spaces 0
Garage Y/N No
HOA Fee 0
Heating Central, Wall Furnace
Land Lease Y/N No
Levels One
Listing Agent Janet Laprade - BRE#01310798
Listing Agent State License 01310798
MLS Area 263 - Banning/Beaumont/Cherry Valley
Parking Features Driveway, RV Hook-Ups, RV Access/Parking
Pool Features None
Private Pool No
Property Attached Y/N Yes
Property Type Residential Income
Roof Composition
Rooms Laundry, Kitchen
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/N No
Sewer Septic Type Unknown
Terms 1031 Exchange
Total Units 3
Utilities Electricity Connected
View Hills, Mountain(s)
Water Sewer Expense 1036
Zoning General Commercial

Interior Features

Air Conditioning Y/N Yes
Common Walls 1 Common Wall
Fireplace Features Wood Burning
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Laundry Room
Window Features Blinds, Double Pane Windows, Wood Frames

Exterior Features

Fencing Block, Chain Link, Wood
Lot Features 2-5 Units/Acre, Back Yard, Front Yard, Lot Over 40000 Sqft, Landscaped, Street Level
Lot Size Acres 1.58
Lot Size Area 68825
Lot Size Source Assessor
Lot Size Square Feet 68825
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 2
Road Frontage Type City Street
Road Surface Type Paved
Total Parking 0
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details

Property Schools

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Gallery (29 photos)

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Property vs Zip Code Avg (92220)

Price 550K Avg 279K

Taxes $1,994 Avg $2,017

Acres 1.58 Avg 3.68

Visits 39 Avg 38

Days on Site 102 Avg 161

Walkscore® 39 Avg 27

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Janet Laprade with Realty Benefit.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA