655 E Williams Street, Banning, CA

$1,475,000

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6

Beds

4

Baths

0.56

Acres

About 655 E Williams Street

Excellent opportunity to acquire a multifamily investment property located at 655 E. Williams Street Banning, California. Zero turnover in over two years. The property is conveniently located just north of interstate 10 (I-10) off Hargrave Street. The property is positioned on a 24,394 square foot parcel and encompasses approximately 6,950 square feet of building area. Featuring beautiful mature landscaping enhanced by an automatic irrigation system, contributing to its attractive curb appeal and low-maintenance operation. Constructed in 1951, the 8-unit property consists of a single-story duplex that fronts Williams Street and 6 single-story individual cottages on the north side. The front duplex consists of one-one bedroom/one bathroom unit (approximately 600 S.F.) and one-three bedroom/two-bathroom unit (approximately 1,550 S.F.). The six individual cottages are all two bedroom/one-bathroom units (approximately 800 S.F.). Each apartment is equipped with an in-unit washer/dryer hook-ups, newer windows, private backyards, wall mounted air conditioning, oven/range and refrigerators offering tenants both convenience and comfort. Further enhancing the propertys operational efficiency, all units are individually metered for gas, electricity, trash and individual hot water heaters minimizing owner expenses. The property also offers eleven open parking spaces, low maintenance landscaping and a storage shed for owners tools. Given the strong rental location, close to city center and excellent property condition. Banning, California, located in Riverside County, offers a compellin

Features of 655 E Williams Street

MLS® # CV25082931
Price $1,475,000
Bedrooms 6
Bathrooms 4.00
Acres 0.56
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 655 E Williams Street
Area RIV CTY-BANNING (92220)
City Banning
County Riverside
State CA
Zip Code 92220

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 1 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed April 14th, 2025
Days on Market 23
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMARCUS & MILLICHAP

Listing Map

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