296 N Alessandro, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
ACTIVE$280,000
296 N Alessandro, Banning, California 92220
2Beds
1Bath
617Sqft
3,485Lot
Year Built
1950
Close
-
List price
$280K
Original List price
$280K
Price/Sqft
$454
HOA
-
Days on market
-
Sold On
-
MLS number
DW25267204
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $280.0K(4th), sqft - 617(2th), beds - 2(40th), baths - 1(8th).
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.
Price History
Date
Event
Price
11/27/25
Listing
$280,000
12/03/21
Sold
$205,000
Condition Rating
Poor
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& Updates Needed,' strongly suggesting that major systems, including the kitchen and bathroom, are severely outdated and require substantial repairs and rehabilitation.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.
Pros & Cons
Pros
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.
Low Maintenance Footprint: Its compact size (617 sqft home on a 3485 sqft lot) translates to lower utility costs and minimal upkeep, ideal for those seeking a manageable property.
Recent Market Appreciation: The property's sale history, showing a notable price increase since 2021, suggests a positive trend in local market value.
Cons
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.