Attention builders, developers, and savvy investors—725 E Williams St represents a rare, high-yield opportunity in the rapidly expanding Banning market. Boasting a massive, level 1.68-acre lot, this property offers the perfect combination of immediate rental income and massive future upside.The property features a spacious 1,744 sq ft home (3 beds,… Read More 1 full bath, 2 half baths, and a 3-car garage) that is currently occupied by reliable tenants. This provides an excellent turnkey setup to generate steady holding income while you navigate architectural planning, engineering, and city permits.Per the City of Banning, the true value lies in the land, which is zoned HDR (High Density Residential). This zoning permits a density baseline of 11 to 18 units per acre, allowing for a 25+ unit build out (with the added possibility of lucrative density bonuses for Senior Housing or Low-Income Housing initiatives).
PROPERTY SALES AS IS. Read Less
Property listed by ACREAGE REAL ESTATE, Fereshteh Haddad 909 518-5848
Listing Snapshot
Days Online
11
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Half Bath
2
Square Ft.
1,744
Lot Size
1.68 Acres
Year Built
1950
MLS Number
CV26205760
Additional Details
Property Access
Frontage Type: CityStreet
Building
Built in 1950, Living area: 1744.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1, Construction Materials: Stucco
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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