2705 W Lincoln Street W

    Banning, CA 92220
    • $545,000
    • STATUS: Active
    • ON SITE: 154 days
    • ID#: IG19259175
    UPDATED: 60 min ago
    $545,000
    • 0
      BEDS
    • 1.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,358
      SQFT
    • $231
      $/SQFT
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Attn Investors! Unique Opportunity! Multi Family, Zoned General Commercial. Two homes on 1.58 Acres. Two separate addresses on 1 lot. Currently Tenant Occupied on M/M. Live in one, rent the other while having a business all in the same location. Three large storage containers in back, permitted on foundations which add another 960 square feet of usage and possible income. 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, landscaped yards, fruit trees to include Grapefruit, Pear, and Walnut. RV Parking in the rear with Electric, Water and Connection to Septic. Keep as current use or add commercial usage Conveniently located to Freeway for commuters. Close to Schools, Outlet Mall, Morongo Casino and Palm Springs.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T13:34:22.737. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Brad Korb Real Estate Group. Licensed in the State of California, USA.

    www.lacountypropertyinfo.com/homes/100598047

    2705 W Lincoln Street W Banning, CA 92220

    • Price: $545,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: IG19259175
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.58
    Acres
    2,358
    SQFT
    $231
    $/SQFT
    1947
    Built
    Neighborhood:
    263 - Banning/Beaumont/Cherry Valley
    County:
    Riverside
    Area:
    263 - Banning/Beaumont/Cherry Valley
    Property Description
    Attn Investors! Unique Opportunity! Multi Family, Zoned General Commercial. Two homes on 1.58 Acres. Two separate addresses on 1 lot. Currently Tenant Occupied on M/M. Live in one, rent the other while having a business all in the same location. Three large storage containers in back, permitted on foundations which add another 960 square feet of usage and possible income. 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, landscaped yards, fruit trees to include Grapefruit, Pear, and Walnut. RV Parking in the rear with Electric, Water and Connection to Septic. Keep as current use or add commercial usage Conveniently located to Freeway for commuters. Close to Schools, Outlet Mall, Morongo Casino and Palm Springs.
    Exterior Features

    Architectural Style Mid Century Modern Direction Faces South Garage Spaces 0.00 Lot Features 2-5 Units/AcreBack YardFront YardLandscapedLevel With StreetLot Over 40000 SqftRectangular LotLevelSprinklers In Front Lot Size Dimensions 125X546x125x546 Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayGravelDriveway LevelGatedGuestRv Access/ParkingRv Hook-UpsSee Remarks Parking Total 10.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Gravel Roof Composition View Hills View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Evaporative Cooling Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetTileVinyl Heating CentralWall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Granite Counters Laundry Features Individual Room Levels One Room Type KitchenLiving RoomMain Floor Bedroom Window Features BlindsDouble Pane Windows

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Rural Country Us Electric Expense 2002.00 Elevation Units Feet Fuel Expense 430.00 Garage Income 0.00 Garage Rental Rate 0.00 Gross Income 2850.00 Gross Scheduled Income 34200.00 Insurance Expense 1290.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Lot Dimensions Source Public Records Maintenance Expense 1000.00 Net Operating Income 25340.00 New Construction YN No New Taxes Expense 2008.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 8860.00 Professional Management Expense 840.00 Property Condition Updated/Remodeled Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Tax Annual Amount 2008.00 Total Actual Rent 2850.00 Total Expenses 8860.00 Trash Expense 254.00 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Sewer Expense 1036.00 Water Source Public Year Built Source Public Records Zoning Ra

    Listing provided courtesy of Janet Laprade of Mainstreet Realtors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T13:34:22.737. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Brad Korb Real Estate Group. Licensed in the State of California, USA.

     
    The Brad Korb Real Estate Group
    3813 W. Magnolia Blvd
    Burbank CA, 91505