1301 W Williams Street, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
ACTIVE$300,000
1301 W Williams Street, Banning, California 92220
2Beds
2Baths
742Sqft
15,682Lot
Year Built
1977
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
$404
HOA
-
Days on market
-
Sold On
-
MLS number
WS25087871
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $300.0K(6th), sqft - 742(2th), beds - 2(40th), baths - 2(50th).
this property is two bedrooms and two bathrooms , There are have a big back yard . Most windows were changed , the painting inside walls , sellers don't have money to continue to update this property .So all cash cash and as-is for sale .
Condition Rating
Poor
The property was built in 1977, making it 47 years old. While some windows have been replaced and interior walls painted, the listing explicitly states that sellers 'don't have money to continue to update this property' and it's an 'all cash and as-is for sale.' This strongly indicates significant deferred maintenance and a need for substantial repairs and rehabilitation, especially for major components like the kitchen and bathrooms, for which no details or images are provided. The 'as-is' and 'cash-only' terms suggest the property is not move-in ready and requires considerable investment to bring it to a functional and comfortable standard.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 742.
Generous Lot Size: The property features a substantial 15,682 sqft (0.36 acre) lot, providing ample outdoor space for potential expansion, landscaping, or recreational use.
Recent Window Upgrades: Most windows have been replaced, indicating a valuable update that enhances energy efficiency and the property's overall aesthetic.
Two Full Bathrooms: For a 2-bedroom home of 742 sqft, having two full bathrooms is a desirable feature that adds convenience and functionality.
Fresh Interior Paint: The interior walls have been recently painted, offering a clean and refreshed canvas for new owners.
Investment Potential: Marketed as an 'as-is' sale requiring further updates, this property presents a clear value-add opportunity for investors or buyers looking to customize.
Cons
Cash-Only, As-Is Sale: The requirement for an all-cash offer and the 'as-is' condition severely limit the buyer pool and imply significant immediate investment for necessary repairs or upgrades.
Significant Overpricing: The current list price of $300,000 is substantially higher (36% above) the estimated market value of $191,699.99, making it uncompetitive in the current market.
Compact Living Space: With only 742 sqft, the interior living area is quite small, which may not meet the needs or preferences of all potential buyers.