Banning CA Multi Family for Sale
$849,000
314 8th Street Banning, CA 92220
- Type:
- Duplex
- Sq.Ft.:
- 1,834
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1936
- Baths:
- MLS#:
- EV24159817
- Subdivision:
- Solera (SLRA)
ADDITIONAL INFORMATION
Welcome to this newly renovated duplex - 1) 4Bed 2 Bath , 1) 2Bed 2Bath- in the heart of Banning. Both units have a tankless water heater , central air and heat , laminate flooring throughout , recess lighting throughout , new kitchen counter tops , new stove, laundry in each unit + Bonus: garage /storage could be converted to a 3rd unit. One address but separate electrical , water and gas meters. Currently generates $5,200 in rental income and potential to maximize with the additional unit. Seller financing available!!!
Banning Real Estate
The median home value in Banning, CA is $391,600. This is lower than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Banning, CA is $391,600. Approximately 65.05% of Banning homes are owned, compared to 28.65% rented, while 6.3% are vacant. Banning real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Banning real estate agent to arrange a tour today!
Banning, California 92220 has a population of 29,664. Banning 92220 is less family-centric than the surrounding county with 21.38% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Banning, California 92220 is $46,834. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Banning 92220 is 43.1 years.
Banning Weather
The average high temperature in July is 97.2 degrees, with an average low temperature in January of 39.2 degrees. The average rainfall is approximately 15.5 inches per year, with 0.6 inches of snow per year.