779 Wesley, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
ACTIVE$359,900$1,226/sqft
Est. Value: $280,982
-21%
AboveEstimate
779 Wesley, Banning, California 92220
3Beds
2Baths
1,226Sqft
11,761Lot
Price Vs. Estimate
The estimated value ($280,981.9) is $78,918.1 (21%) lower than the list price ($359,900). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 11761, living area = 1226.
Top Cons:
Extensive Repair Needs: The property is explicitly stated to be 'in need of repairs,' indicating potential significant upfront costs and effort for the buyer to bring it to a desirable condition.
Compared to the nearby listings
Price:$359.9K vs avg $456.0K ($-96,136)18%
Size:1,226 sqft vs avg 1,678 sqft15%
Price/sqft:$294 vs avg $26471%
More Insights
Built in 1962 (64 years old).
Condition: Built in 1962, this property is over 60 years old and shows extensive signs of deferred maintenance and significant disrepair. The kitchen is non-functional with missing lower cabinets and no visible appliances, requiring a complete gut renovation. Bathrooms are extremely outdated and show wear. Flooring consists of old, worn carpet and damaged, outdated tile. The description explicitly states the property is 'in need of repairs,' indicating substantial rehabilitation is required to make it livable and meet modern standards. This aligns with the 'Poor' condition criteria.
Year Built
1962
Close
-
List price
$360K
Original List price
$360K
Price/Sqft
$294
HOA
-
Days on market
-
Sold On
-
MLS number
DW26005809
Home ConditionPoor
Features
Good View: None
View-
About this home
Great opportunity in Banning! This 3-bedroom, 2-bath home offers 1,226 sq ft of living space on a large 0.27-acre lot. The property is in need of repairs but has tons of potential for renovation, customization, or investment. Spacious lot with room to expand or create your ideal outdoor space. Conveniently located near shopping, schools, and commuter routes. Perfect for investors or buyers looking to add value.
S
Sarah Lin
Listing Agent
Condition Rating
Poor
Built in 1962, this property is over 60 years old and shows extensive signs of deferred maintenance and significant disrepair. The kitchen is non-functional with missing lower cabinets and no visible appliances, requiring a complete gut renovation. Bathrooms are extremely outdated and show wear. Flooring consists of old, worn carpet and damaged, outdated tile. The description explicitly states the property is 'in need of repairs,' indicating substantial rehabilitation is required to make it livable and meet modern standards. This aligns with the 'Poor' condition criteria.
Pros & Cons
Pros
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 = 11761, living area = 1226.
Significant Investment Opportunity: The property is explicitly marketed as ideal for investors or buyers seeking to add value through renovation and customization, offering strong potential for future appreciation.
Generous Lot Size: A large 0.27-acre lot provides ample outdoor space, potential for expansion, or creation of a personalized outdoor living area, which is a valuable asset.
Desirable Bedroom/Bathroom Count: Featuring 3 bedrooms and 2 bathrooms, the home offers a practical and sought-after configuration suitable for families or rental purposes.
Strategic Location: Conveniently situated near essential amenities such as shopping centers, schools, and major commuter routes, enhancing daily convenience for residents.
Customization Potential: The current condition presents a blank canvas for buyers to personalize and modernize the home to their specific tastes and needs, allowing for tailored improvements.
Cons
Extensive Repair Needs: The property is explicitly stated to be 'in need of repairs,' indicating potential significant upfront costs and effort for the buyer to bring it to a desirable condition.
Age of Construction: Built in 1962, the home is over 60 years old, which may suggest outdated systems, finishes, and a higher likelihood of deferred maintenance requiring immediate attention.
Lack of Scenic Views: The property description indicates 'view: None,' which might be a drawback for buyers prioritizing scenic surroundings or a premium aesthetic.