676 W Nicolet Street, Banning, California 92220, Banning, 92220 - 3 bed, 1 bath

676 W Nicolet Street, Banning, California 92220 home-pic-0
ACTIVE$450,000
676 W Nicolet Street, Banning, California 92220
3Beds
1Bath
772Sqft
17,424Lot
Year Built
1950
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$583
HOA
-
Days on market
-
Sold On
-
MLS number
SW25168555
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,5 Pros. Rank: price - $450.0K(48th), sqft - 772(3th), beds - 3(50th), baths - 1(8th).

Incredible Investment Opportunity! Expandable 3-Bedroom Home on RARE Zoned Lot Discover endless potential in this charming 3-bedroom, 1-bath home, ideally situated on a generously sized lot zoned for additional units! Whether you're a first-time investor, seasoned developer, or savvy homeowner looking to expand, this property checks all the boxes. The expansive lot offers space to build ADUs, duplexes, or even more units (buyer to verify), making it an exceptional opportunity to increase value and maximize rental income. Located in a rapidly growing area near shopping, freeways, and public transportation, this home combines immediate livability with serious long-term upside. Don’t miss your chance to own a prime piece of real estate with income-producing potential. Opportunities like this don’t last! WANT MORE GROWTH POTENIAL?? Seller will consider combined offers on neighboring properties listed SW25137712. Not only can you buy a lot with growth opportunities, but the neighboring property also has 4 single units! CALL FOR MORE INFORMATION! DO NOT DISTRUB TENANTS! THAT'S RIGHT - INCOME OPPORTUNITY FROM THE INSTANCE YOU BUY!

Price History

Date
Event
Price
07/26/25
$450,000
Condition Rating
Fair

The property was built in 1950. The listing mentions it's livable, but the single image shows an older home. Given the age, it likely requires updates, especially in the kitchen and bathroom. It's unlikely to be in 'good' condition without renovations. The description focuses on the lot's potential rather than the home's features, suggesting the house itself is not a primary selling point.
Pros & Cons

Pros

Investment Potential: The property is situated on a large lot zoned for additional units, offering significant potential for expansion and increased rental income through ADUs or duplexes.
Income Opportunity: The property is currently tenant-occupied, providing immediate rental income upon purchase.
Location: Located in a rapidly growing area with convenient access to shopping, freeways, and public transportation.
Expandable Home: The existing 3-bedroom home provides a livable space while offering opportunities for future expansion or renovation.
Rare Zoned Lot: The property features a rare zoned lot, making it an exceptional opportunity to increase value and maximize rental income.

Cons

Year Built: Built in 1950, the property may require updates to meet modern standards and preferences.
Single Bathroom: The property only has one bathroom, which may be a drawback for some buyers.
Square Footage: The house is only 772 sqft, which may be small for some buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state