755 N Allen, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
755 N Allen
Banning, California 92220
Property Price
SUMMARY
Analysis of 755 N Allen, Banning, California 92220 reveals a Prime Investment Opportunity with a current list price of $420,000—significantly undercutting the $436,419 Fair Market Value by 3%. This valuation gap indicates a +$16,419 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 755 N Allen Subject | $420,000* List Price | 3 | 2 | 1,328 | $329 | - |
A 1354 N Hermosa Avenue Sold | $420,000 | 3 | 2 | 1,421 | $296 | 0.5 mi |
B 1276 N Alessandro Sold | $450,000 | 3 | 2 | 1,486 | $303 | 0.8 mi |
C 231 N Allen Sold | $367,000 | 3 | 1 | 1,040 | $353 | 0.3 mi |
D 1282 N Phillips Sold | $369,000 | 3 | 1 | 924 | $399 | 0.3 mi |
E 1294 N Blanchard Pending | $429,900 List Price | 3 | 2 | 1,400 | $307 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, the property falls within the 10-20 year age range for a 'good' condition rating. The interior appears move-in ready and well-maintained, featuring consistent tile flooring in common areas and clean carpeting in bedrooms. While the kitchen and bathrooms retain their original builder-grade finishes—such as honey-oak cabinetry and white appliances—they are functional and show minimal wear. The exterior and major systems appear to be within their expected lifespan with no obvious signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2005, this home offers more contemporary building standards and systems compared to the older housing stock often found in the region.
- Strategic Location
The property is ideally situated near the 10 Freeway and Cabazon Outlets, providing excellent commuter access and proximity to major shopping and dining hubs.
- Functional Lot and Storage
With a 6,098 sq ft lot and a 2-car garage, the property provides ample outdoor space for family activities and essential storage for vehicles and gear.
CONSRISKS & DEFICIENCIES
- Short Sale Complexity
As a short sale, the transaction may involve more complex negotiations and potentially longer closing timelines than a traditional equity sale.
- Compact Interior
At 1,328 square feet for a 3-bedroom home, the living areas may feel somewhat restrictive for larger families or those desiring expansive common spaces.
About 755 N Allen
Short Sale — Lender Approved! Welcome to this charming 3-bedroom, 2-bath home in Banning, CA, built in 2005 and designed with everyday comfort in mind. With 1,328 sq ft of living space, there’s room for the whole family to relax, gather, and make memories. The 6,098 sq ft lot offers space to enjoy the outdoors—perfect for kids, pets, weekend BBQs, or creating your own backyard retreat. Plus, a 2-car garage provides extra storage and convenience. Located near the 10 Freeway for an easy commute and just minutes from the Cabazon Outlets for shopping and dining, this home combines a family-friendly feel with great accessibility. Schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,328 | 1,683 | 24% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $420.0K | $450.0K | 41% |
| Price per sq ft | $316 | $261 | 81% |
| Built year | 2005 | 1998 | 67% |
| HOA | $0 | $202 | 31% |
| Days on market | 15 | 199 | 0% |
Pricing History
Listed for Sale
Feb 20, 2026
$420,000
Initial Listing
Sold
Apr 21, 2023
$405,000
Public Record
Sold
Jun 22, 2018
$240,000
Public Record
Sold
Jan 12, 2009
$99,000
Public Record
Sold
Jun 17, 2005
$255,000
Public Record
Sold
Oct 17, 2003
$13,000
Public Record
Sold
Apr 18, 2003
$77,000
Public Record