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Price Drop: $56K (01/12) 
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Listed by: TREVOR CASEY DRE #02053394, NATHAN DIONES DRE #01767311 | REGIONCY REAL ESTATE (800) 793-4249
$699,000
6 Beds
6 Baths
--sqft
545 N 2Nd, Banning, CA 92220
$699,000
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Mixed Use
Built in 1949
$-- HOA
16,553 sqft lot
--/sqft
Description
This six-unit multifamily property at 545 N 2nd St, Banning, CA, presents an exceptional value-add opportunity for investors seeking strong returns and significant upside potential in a growing market. The property consists entirely of (6) 1-bedroom, 1-bathroom units, all of which are individually metered for gas and electric, providing ease of management and lower owner expenses. The building offers an immediate pathway to increased income: Current Occupancy: 2 units are currently rented at $1,540 each, generating a total Gross Monthly Income of $3,080. Immediate Vacancy Fill: Two existing units are vacant and ready to be filled. By leasing these at the current market ...
Continue Reading- Houzeo last checked: 39 Minutes ago
- Listing updated: January 15, 2026 at 9:41 pm
- Source: California Regional MLS-CA | MLS#: IG25227871
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
- sqft
Lot Size
16,553 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IG25227871
MLS Status
Active
Days on Market
128
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