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No HOA 
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Listed by: Mikaela Nguyen (916) 220-1391 DRE #02117027 | H & M Realty Group (949) 625-4533
$150,000
-- Bed
-- Bath
33,977sqft lot
640 W Nicolet, Banning, CA 92220
$150,000
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Land
Built in -
$-- HOA
33,977 sqft lot
$4/sq.ft
Description
Investor/Developer Opportunity – R3 Land in Opportunity Zone for 16-Unit Multi-Family Project in rapidly growing Banning. The site allows for the construction of a 16-unit apartment complex, perfectly positioned to capitalize on the city’s strong rental demand and limited multi-family inventory. Banning’s rental market has continued to strengthen, driven by population and job growth as well as proximity to major job centers in Beaumont, Palm Springs, and the Inland Empire. With Interstate 10 access minutes away, this parcel offers excellent commuter connectivity and long-term investment security. Pro Forma & Investor Highlights: Entitled for 16 units – conservative market...
Continue Reading- Houzeo last checked: 1 hour ago
- Listing updated: August 17, 2026 at 5:32 pm
- Source: California Regional MLS-CA | MLS#: OC26007699
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
33,977 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26007699
MLS Status
Active
Days on Market
217
Cumulative Days on Market
352
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