832 N Almond, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
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Banning, California 92220
This property presents a High-Potential Investment Opportunity with a List Price of $279,999—positioned well below the $282,610 Fair Market Value by 0.9%. This valuation gap offers $2,611 in Instant Equity for buyers willing to execute a renovation plan. While the home has a Condition Rating of 5, the Mountain Views and 6,970 sqft lot offer significant upside for forced appreciation. Located in the Banning Unified district, this is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors.
Fixer-upper for sale in Banning, CA. 2 bed, 1 bath home with mountain views and investment potential. Priced at $279,999. Ideal for investors and contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 832 N Almond Subject | $279,999* List Price | 2 | 1 | 841 | $336 | - |
A 1264 N Hargrave Sold | $275,000 | 2 | 1 | 853 | $322 | 0.3 mi |
B 331 Fay Street Sold | $245,500 | 2 | 1 | 780 | $315 | 0.5 mi |
C 1291 N Almond Way Sold | $330,000 | 3 | 2 | 1,104 | $299 | 0.3 mi |
D 1308 N Phillips Sold | $336,000 | 3 | 1 | 924 | $364 | 0.3 mi |
E 450 Martin Street Sold | $215,000 | 1 | 1 | 644 | $334 | 0.5 mi |
F 481 Martin Active | $329,900 List Price | 2 | 1 | 792 | $417 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (79 years old) with no evidence of recent renovations. The listing explicitly describes the property as a 'fixer-upper' that 'needs repairs and updating' and is being sold 'AS-IS,' indicating significant rehab is required for the kitchen, bath, and likely the aging systems.
As a fixer-upper with a competitive entry price, this property offers significant equity-building potential for investors or buyers willing to undertake a full renovation.
The property is situated in a convenient Banning neighborhood with easy access to local schools, shopping, dining, and major freeway routes.
The home features desirable mountain views, providing a beautiful natural backdrop that enhances the property's aesthetic appeal and future resale value.
The residence requires significant repairs and modernization throughout, which will necessitate a substantial additional capital investment from the buyer.
Sold strictly in as-is condition, the property places all risk and repair responsibility on the buyer, which may also limit eligibility for certain traditional financing programs.
Opportunity awaits on North Almond Way in Banning! This fixer-upper is full of potential and ready for your vision. Whether you're an investor looking for your next project or a buyer eager to renovate and build equity, this property offers an excellent opportunity. The home needs repairs and updating but features a great location with convenient access to schools, shopping, dining, and freeway access. With the right improvements, this property has the potential to shine once again. Don't miss your chance to transform this diamond in the rough into something special. Property is being sold AS-IS. Bring your tools, creativity, and imagination!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 841 | 1,574 |
| Lot Size | 6,970 | 5,523 |
| Price | $280.0K | $437.6K |
| Price per sq ft | $333 | $260 |
| Built year | 1947 | 2001 |
| HOA | $0 | $220 |
| Days on market | 5 | 79 |
Jul 17, 2026
$279,999
Initial Listing
Dec 18, 2014
$53,000
Public Record
Sep 25, 2009
$50,000
Public Record
Apr 3, 2003
$88,000
Public Record
Nov 16, 1999
$17,500
Public Record