497 495 Martin Street, Banning, California 92220, Banning, 92220 - 0 bed, 0 bath
Loading property details...
Banning, California 92220
Analysis of 497 495 Martin Street, Banning, California 92220 is currently available with a list price of $599,000. 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.
Property is new construction or fully renovated.
The property consists of a brand-new 2024 construction unit and a second unit that has been completely renovated, providing modern finishes, new systems, and turnkey condition with no deferred maintenance.
This duplex features two 2-bedroom units, offering a versatile opportunity for investors to maximize rental income or for first-time buyers to utilize house-hacking strategies.
With one unit being a 2024 new construction and the second unit completely renovated, the property promises low immediate maintenance costs and modern appeal for tenants.
A significant price adjustment from $650,000 to $599,000 enhances the property's value proposition and increases its competitiveness in the current market.
At approximately 700 square feet per 2-bedroom unit, the interior living space is relatively small, which may limit appeal for tenants or owners seeking more spacious layouts.
While located in an up-and-coming area, Banning is a secondary market that may experience different appreciation rates and rental demand compared to major metropolitan hubs.
New construction built in 2024 featuring a 2-bedroom unit plus a completely renovated 2-bedroom second unit. Each Unit is around 700 sq.ft each. Excellent opportunity for investors or first-time buyers. Located in an up-and-coming area of Banning, just minutes from freeway access, schools, and shopping.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.5 | 25% |
| Baths | 0.0 | 2.0 | 25% |
| Square foot | 1,400 | 2,895.5 | 25% |
| Lot Size | 6,534 | 13,068 | 25% |
| Price | $599.0K | $569.5K | 50% |
| Price per sq ft | $428 | $231 | 75% |
| Built year | 2024 | 1993 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 176 | 25% |
Feb 18, 2026
$599,000
$650,000
-8% Price Drop
Initial Listing
Jan 29, 2026
$650,000
Initial Listing