296 N Alessandro, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
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Banning, California 92220
Analysis of 296 N Alessandro, Banning, California 92220 is currently available with a list price of $280,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Banning Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950 with no recorded renovations, this 75-year-old property is being sold sight-unseen by the listing agent, which typically indicates a distressed interior. The exterior shows significant age, unmaintained landscaping, and dated windows. Given the age and lack of verified updates, the home likely requires substantial rehabilitation of major systems (electrical, plumbing, HVAC) and a full interior remodel to meet modern living standards.
Priced at $280,000, this property offers a rare entry-level opportunity in the Southern California market, making it highly accessible for first-time buyers or budget-conscious investors.
The property serves as a prime candidate for a value-add project or a long-term rental asset, given its manageable lot size and established residential zoning.
Located in a mature area of Banning within the Banning Unified School District, the home benefits from proximity to local amenities and regional transportation corridors.
The listing explicitly states that the broker has not viewed or verified the interior or exterior, posing a significant risk regarding potential structural issues or required major repairs.
With only 617 square feet of living area for a two-bedroom layout, the interior is likely very cramped, which may limit its appeal to a narrow segment of the market.
Information provided is based on public records. Broker and agent have not viewed or verified the interior or exterior of the property. Buyer to verify all information to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 617 | 1,683 | 0% |
| Lot Size | 3,485 | 6,233.5 | 2% |
| Price | $280.0K | $442.7K | 3% |
| Price per sq ft | $454 | $263 | 99% |
| Built year | 1950 | 1995 | 8% |
| HOA | $0 | $202 | 33% |
| Days on market | 146 | 197 | 28% |
Nov 27, 2025
$280,000
Initial Listing
Dec 3, 2021
$205,000
Public Record