310 Santa Rita Place, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
310 Santa Rita Place
Banning, California 92220
Property Price
SUMMARY
Analysis of 310 Santa Rita Place, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $415,000 aligned with the estimated $415,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 310 Santa Rita Place Subject | $415,000* List Price | 2 | 1 | 1,070 | $388 | - |
A 625 E Theodore Street Sold | $408,000 | 3 | 1 | 1,008 | $405 | 0.3 mi |
B 73 W Gilman Street Sold | $405,000 | 3 | 1 | 972 | $417 | 0.5 mi |
C 651 W King Sold | $476,000 | 3 | 2 | 1,170 | $407 | 0.8 mi |
D 1524 N Alessandro Street Sold | $440,000 | 4 | 1 | 949 | $464 | 0.2 mi |
E 1282 N Phillips Sold | $369,000 | 3 | 1 | 924 | $399 | 0.6 mi |
F 1420 N San Gorgonio Avenue Active | $439,999 List Price | 2 | 1 | 1,302 | $338 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1946, the property has undergone a comprehensive and recent renovation. The kitchen and bathroom are explicitly stated as 'fully remodeled' and the images confirm this with new, modern white shaker cabinets, stainless steel appliances, quartz-like countertops, subway tile backsplash, modern vessel sinks, contemporary faucets, and large format marble-look tile in the shower. Throughout the main living areas, there is new wood-look tile flooring, fresh paint, recessed lighting, and modern mini-split AC units, indicating a significant upgrade to major systems and aesthetics. The bedrooms feature clean, newer carpet. The exterior also shows recent updates with new siding/paint and stone accents. All visible components are new or virtually new, meeting current quality standards, justifying an 'excellent' score for its current, post-renovation condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10019, living area = 1070.
- Remodeled Interior
The kitchen and bathroom have both been fully remodeled, offering a clean, modern look that enhances immediate appeal.
- Oversized Lot
The generous 10,019 sqft lot provides ample space for expansion, extensive landscaping, or creating a personalized outdoor oasis.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1946, the home's age suggests that underlying systems and infrastructure, beyond the remodeled areas, may require future attention or upgrades.
- Limited Bedroom/Bathroom Count
With only 2 bedrooms and 1 bathroom, the property may not accommodate larger households or those desiring more private spaces, potentially limiting market reach.
- Modest Interior Square Footage
At 1070 sqft, the interior living space is relatively modest, which could be a consideration for buyers seeking more expansive indoor areas.
About 310 Santa Rita Place
Nestled near the mountains, this 2-bedroom, 1-bathroom Banning home blends updates with opportunity. The kitchen and bathroom have both been fully remodeled, offering a clean, modern look. Outside, the oversized lot provides space to expand or create your own outdoor oasis—with a large concrete patio ready for entertaining or relaxing. This one won’t last—come take a look and see the potential for yourself!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 10,019 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 | 1,070 | 1,683 | 10% |
| Lot Size | 10,019 | 6,098 | 84% |
| Price | $415.0K | $450.0K | 38% |
| Price per sq ft | $388 | $261 | 92% |
| Built year | 1946 | 1997 | 6% |
| HOA | $0 | $202 | 31% |
| Days on market | 248 | 199 | 70% |
Pricing History
Listed for Sale
Jul 2, 2025
$415,000
Initial Listing