For Sale
(MLS-listed)
$464,900
655 East WILLIAMS St Banning, CA 92220
| Beds: | 15 |
| Baths: | 8 |
| Sq. Ft.: | - |
| Lot Size: | 0.61 Acres |
| Property Type: | Multi-Family |
| Style: | One Level, California Bungalow |
| Year Built: | 1969 |
| Community: | Banning/Beaumont/Cherry Valley |
| County: | Riverside |
| MLS#: | K09125588 |
| Source: | MRMLS |
| Status: | Active |
| On Redfin: | 1 day |
 New Listing (24 hours) |
|
Excellent location for investment property, easy to access yet private. Total of seven (7) 2 bedroom/1 bath units and one (1) 1 bedroom/1 bath unit on large lot. Property is well-kept and secluded which makes finding tenants easy. Convenient to 10 FWY, parks, shopping, schools, downtown and Casino Morongo. High potential for the right investor.
Interior Features
- Turnkey
Multi-Family Information
- # Leased: 5
- # of Buildings: 7
- # of Carpets: 8
- # of Electric Meters: 8
- # of Gas Meters: 8
- # of Water Meters: 1
- 1 Bedroom Square Footage: 611
- 2 Bedroom Square Footage: 973
Unit 3 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Furnished
- Projected Monthly Rent (Total): $625
Unit 6 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Furnished
- Projected Monthly Rent (Total): $650
Lot Information
- Lot Size (Sq. Ft.): 26,369
- Lot Size Source: Public Records
- Landscaped
Financial Information
- Net Operating Income: $37,700
- Monthly Gross Income: $5,225
- Gross Operating Income: $54,700
- Gross Scheduled Income: $62,700
- Actual Rent (Total): $3,875
- Tax (Total): $10,147
- Tax Rate Year: 2009
Parking Information
- # of Parking Spaces (Total): 12
- # of Other Spaces: 12
- Parking for Guests (On Site)
- Parking Space
Unit 1 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
- Unfurnished
- Projected Monthly Rent (Total): $550
Unit 4 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Furnished
- Projected Monthly Rent (Total): $625
Unit 7 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Furnished
- Projected Monthly Rent (Total): $700
Location Information
- Cross Streets: N Hargrave St & E Williams St
- Driving Directions: From 10 FWY: North on N Hargrave St, Left on E Williams St, property is on the right
- Tax Area: 1-020
- Legal Tract #: 0442
- Legal Lot #: 162
Expense Information
- Total Annual: $25,000
- Gardener: $2,400
- Gas: $2,670
- Operating: $25,000
- Other: $1,020
- Professional Management: $4,534
Community Features
- Units in Complex (Total): 8
Unit 2 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Furnished
- Projected Monthly Rent (Total): $800
Unit 5 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Furnished
- Projected Monthly Rent (Total): $625
Unit 8 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Furnished
- Projected Monthly Rent (Total): $650
Property Information
- Land Lease Type: Fee
- Tax Parcel Number: 541110012
- Legal Disclosures: Unknown Property Assessments
Listing Information
- MLS: MRMLS
- Possession: Close Of Escrow
- Listing Terms: Standard Sale
- Listing Terms: Submit
- Listing Terms: Cash
- Listing Terms: Cash To Existing Loan
- Listing Terms: Cash To New Loan
- Listing Terms: Assumable
Listing last changed
November 29, 2009, 6:15 PM
Overhead View of 655 East WILLIAMS St, Banning, CA 92220
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Property History for 655 East WILLIAMS St
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Nov 29, 2009 | Listed | $464,900 | -- | MRMLS #K09125588 |
| Mar 09, 2005 | Sold (Public Records) | $675,000 | 12.2%/yr | Public Records |
| Jul 19, 2004 | Sold (Public Records) | $627,000 | 366.5%/yr | Public Records |
| Apr 20, 2004 | Sold (Public Records) | $429,000 | -- | Public Records |
Clicking a linked event will take you to details of other MLS listings for this home. Details for sold MLS listings provides valuable information when doing a comparative market analysis.
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Public Facts for 655 East WILLIAMS St
| Beds: | - |
| Baths: | - |
| Finished Sqft: | - |
| Unfinished Sqft: | - |
| Total Sqft: | - |
| Floors: | - |
| Lot Size: | - |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | - |
| Year Renovated: | - |
| County: | Riverside County |
| APN: | 541110012 |
| Last Updated: | November 15, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $119,066 |
| Additions | $611,573 |
| Total | $730,639 |
| Tax (2008) | $9,347 |
Home Value Estimates for 655 East WILLIAMS St
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http://www.redfin.com/CA/Banning/655-E-Williams-St-92220/home/5735467/mrmls-K09117995
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Rave Reviews of our Agents
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Buyer
in 92253
(11/25/2009)
About Mark Weissmann
"Mark listened to our needs, and from approx 10 houses he showed us, only two were outright "no's" He was always there f…" -
Buyer
in El Porto
(11/25/2009)
About Katrina Jauregui
"Katrina was well on top of this transaction, gave good advice and the checklists for closing were helpful. I love the es…" -
Buyer
in Del Cerro
(11/25/2009)
About Anna Nevares
"Buying our first house was not an easy process and Anna and her team guided us through a very difficult transaction. If …"
