
Banning, California 92220
This property presents a High-Potential Investment Opportunity with a List Price of $339,000—positioned well below the $307,914 Fair Market Value by -10%. While the property is currently priced above the estimated market value, its 9,553 sqft lot provides significant upside for expansion or ADU development. With a Condition Rating of 5, this asset requires a full-scale renovation to reach its potential. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the Banning Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2879 W Williams Subject | $339,000* List Price | 2 | 1 | 832 | $370 | - |
A 1645 W Hays Street Sold | $380,000 | 2 | 1 | 826 | $460 | 0.8 mi |
B 259 S 22nd Sold | $368,000 | 2 | 1 | 1,015 | $363 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (75 years old) and marketed specifically as a 'fixer upper,' this property requires a full rehab. The age and description suggest that the kitchen, bathroom, and major systems (HVAC/Electric) are likely original or severely outdated, meeting the criteria for a property with significant maintenance needs and restoration requirements.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9553, living area = 832.
The property features a generous 9,553 square foot lot, providing significant outdoor space and ample room for potential expansions or the addition of an Accessory Dwelling Unit (ADU).
As a designated fixer-upper, this home offers a prime opportunity for investors or DIY buyers to build substantial sweat equity by customizing the property to modern standards.
The property is marketed specifically as a fixer-upper, implying that it likely requires significant capital investment and immediate repairs to be move-in ready.
With only 832 square feet of living space, the small 2-bedroom, 1-bathroom footprint may be too restrictive for families or those requiring more spacious accommodations.
Are you looking for a fixer upper with a huge lot! This is the place. This home is ready to be customized the way you want it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 832 | 1,574 |
| Lot Size | 9,553 | 5,523 |
| Price | $339.0K | $437.6K |
| Price per sq ft | $407 | $260 |
| Built year | 1951 | 2001 |
| HOA | $0 | $220 |
| Days on market | 13 | 79 |
Jul 9, 2026
$339,000
Initial Listing
May 7, 2015
$145,000
Public Record
Apr 30, 2010
$59,000
Public Record
Jul 12, 2007
$130,500
Public Record