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Property Detail - MLS#A08096122

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$982,000

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180 East Barbour Street
 Banning, CA 92220

  • of
  • Beds: 0
  • Full Baths: 0
  • Half Baths: 0
  • Sq Ft:
  • Lot Size:
  • Year Built:
  • Type: Multi-Family Home
  • County: Riverside
  • Status:
  • Subdivision: (699) Out of Area
  • Area:

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Description

Large Lot 203,424 Sqft. All Flat And Usable. Verified With City, Build 1 New House For Every 7,000 Sq. Ft. Currently 4 Houses On A Large Lot Near Morongo Casino ( Largest And Closest To Los Angeles). Dev Opportunity: Build 29 New Houses. Large Lot 203,424 Sq.Ft. Single Family Residence Lots Surround This Plot. Many New Developments. Great Location. Near 10,60 And 243 Freeways-Morongo Casino, Desert Hill Factory Stores, Cabazon Outlets, And Sun Lake Country Club. Bus Stop Right Outside Of The Property Line. Beautiful Mountain View. Both Employees And Gamblers Created Great Purchase And Rental Demand For This Area With Its Proximity To Morongo Casino. Currently There Are 4 Large Units (Average Size: 1,000 Sq. Ft.) With 5 Separate Garages. Seller Spent $$$ One Upgrade Including Kitchen, Bathrooms, Hardwood Floors And Appliances. Unit Mix: 3-2Bd/1Ba And 1-1Bd/1Ba. Annual Income Around $40,000. Low Rent Expenses. No Rent Control. Great Upside Potential. Drive By Only. Do Not Disturb Tenants

  • Interior Features
  • Exterior Features
  • Garage/Parking: Garage Spaces - 5
  • Lot: Lot Sq Feet - 203424
  • Style: Year Built - 1960
  • Community Features
  • Utilities: # Water Meters - 4, # Electric Meters - 4, # Gas Meters - 4
  • Community Details: Area - (699) OUT OF AREA
  • Financial: Total Expenses - 5364, Monthly Gross Income - 3300, Gross Scheduled Income - 39600, Net Opr. Income - 34236, Operating Expenses - 5364
  • School Information
    Listing information courtesy of: Re/Max 1000 Realty
    Agent: Benjamin Lin


    © Copyright 2008, Multi-Regional Multiple Listing Service, Inc. All Rights Reserved.
    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copywrited by Multi-Regional Multiple Listing Service, Inc., ("MRMLS") and is protected by all applicable copywrite laws.
    Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify propsective properties the viewer may be interested in purchasing.
    All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy.
    The viewer should independently verifty the listed data prior to making any decisions based on such information by personal inspection and/or contacting a reale state professional.
    Data last updated: 9/4/2008.

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