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SOLD 10/13/2021

162 N 3rd Street, Banning, CA 92220$290,000

3
beds
2
baths
1252
ft2
· 6098
ft2 lot
$248 / ft2

Listing provided courtesy of Listing Broker: LARRY PERRY, PERRY REALTY GROUP
Source CRMLS;
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Great Income opportunity property. This duplex is in the heart of Banning. Live in one and Collect Rent on the second unit. Has easy freeway access Near Restaurants and Schools only minutes away from famous Cabazon's Desert Hills Outlet Stores.

HOA

$0/month

On market

a month

Year built

1915

Property type

Multi-Family

Parking

4

MLS

IV21177361

Price / Sq.Ft.

$248 / ft2

Status

Closed

Home details for 162 N 3rd Street

Interior Features & Layout
Appliances
•   
Laundry Details: Common Area, Gas Dryer Hookup, Outside, Washer Hookup
•   
Appliances: Gas Range, Gas Water Heater
•   
Has Appliances
•   
Security Features: Carbon Monoxide Detector(s)
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: All Bedrooms Down
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Family Room, Wood Burning
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: Carpet, Wood
Interior Size
•   
Building Area Total: 1252.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Driveway, Gravel, Garage, Garage Faces Rear
•   
Garage Spaces: 2.00
•   
Uncovered Spaces: 2.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Gravel
•   
Number Of Buildings: 1
•   
Total Units: 2
Property Features
•   
View: Neighborhood
•   
Fencing: Average Condition
•   
Accessibility: Parking
•   
Property Condition: Repairs Cosmetic
•   
Common Walls: 2+ Common Walls
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: C2
•   
Roof: Common Roof, Shingle
•   
Foundation Details: Slab
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
•   
Construction Materials: Concrete, Plaster
Lot Info
•   
Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1400
•   
Lot Size Area: 6098.0000
•   
Lot Size Units: Square Feet
Property Type
•   
Architectural Style: Cottage
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Utilities: Cable Connected, Electricity Connected, Natural Gas Not Available, Phone Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Total Actual Rent: 1600.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
Insurance Expense: 0.00
•   
Total Expenses: 0.00
•   
Gross Scheduled Income: 1600.00
•   
Tax Block: 223
•   
Operating Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 10950.00
•   
Tax Year: 2020
•   
Taxes: 2106.46
Lease Info
•   
Net Operating Income: 1600.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 850.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 2.00
•   
Unit 2 Total Rent: 850.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 750.00
•   
Unit 1 Total Rent: 750.00
Multi Unit Information
•   
# Of Units: 2
•   
Number Of Units Leased: 2
•   
Price Per Unit: 155000
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
School Info
•   
Directions: Freeway I10 East to 8th Street left to Ramsey Street go Right to 3rd Street make left
Other
Calculation
•   
Dom: 31
•   
Cdom: 31

Neighborhood snapshot

Flyhomes
California
Riverside County
Banning
Downtown Banning
69
Properties for sale
7
Median days on market
$239.29
Median sold price/sqft
101.88%
Sold/List %
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Property History for 162 N 3rd Street

10/13/2021
10/13/2021
CRMLS #IV21177361
sold
CRMLS #IV21177361
$310,000
+6.90%
10/12/2021
10/12/2021
Public Record
sold
Public Record
$290,000
--6.45%
08/11/2021
08/11/2021
CRMLS #IV21177361
active
CRMLS #IV21177361
$310,000
+129.63%
05/03/2016
05/03/2016
Public Record
sold
Public Record
$135,000
+157.14%
04/14/2010
04/14/2010
Public Record
sold
Public Record
$52,500
--77.84%
See more property history

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