296 N Alessandro, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
296 N Alessandro
Banning, California 92220
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1950, this property is 74 years old. The listing explicitly states that the 'Broker and agent have not viewed or verified the interior or exterior,' indicating an 'as-is' sale with unknown internal conditions. The AI analysis further highlights 'Older Infrastructure & Updates Needed,' strongly suggesting that major systems, including the kitchen and bathroom, are severely outdated and require substantial repairs and rehabilitation. Without interior images, and given the age and disclaimers, it's highly probable that the property has significant defects and is uncomfortable to live in its current state, necessitating a full renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Accessible Price Point
Listed at $280,000, this property offers an affordable entry into the single-family home market in Banning, appealing to first-time buyers or investors.
- Detached Single-Family Home
As a standalone residence, it provides privacy and the benefits of land ownership without the complexities or fees often associated with HOAs.
- Value-Add Opportunity
Built in 1950, the home presents significant potential for a buyer to increase its value through strategic renovations and modernization.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 617 square feet, the interior living area is exceptionally small, which may constrain its appeal to a very specific buyer demographic.
- Older Infrastructure & Updates Needed
As a 1950-built home, it is highly probable that major systems and finishes will require substantial updates and investment to meet modern standards.
- Unverified Condition / Buyer Due Diligence
The agent's explicit disclaimer of not having viewed or verified the property places a significant burden on the buyer for thorough due diligence and implies an 'as-is' sale.
About 296 N Alessandro
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 617 | 1,683 | 1% |
| Lot Size | 3,485 | 6,098 | 4% |
| Price | $280.0K | $450.0K | 3% |
| Price per sq ft | $454 | $261 | 99% |
| Built year | 1950 | 1997 | 7% |
| HOA | $0 | $202 | 31% |
| Days on market | 100 | 199 | 10% |
Pricing History
Listed for Sale
Nov 27, 2025
$280,000
Initial Listing
Sold
Dec 3, 2021
$205,000
Public Record