906 N 4th, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
906 N 4th
Banning, California 92220
Property Price
SUMMARY
Analysis of 906 N 4th, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $399,990 aligned with the estimated $411,637 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 906 N 4th Subject | $399,990* List Price | 3 | 2 | 1,620 | $254 | - |
A 1276 N Alessandro Sold | $450,000 | 3 | 2 | 1,486 | $303 | 0.4 mi |
B 1354 N Hermosa Avenue Sold | $420,000 | 3 | 2 | 1,421 | $296 | 0.7 mi |
C 432 Pendleton Road Sold | $335,000 | 4 | 2 | 1,512 | $222 | 0.3 mi |
D 378 N Hargrave Street Sold | $447,000 | 3 | 2 | 1,613 | $277 | 0.8 mi |
E 1771 N San Gorgonio Sold | $325,000 | 2 | 2 | 1,360 | $239 | 0.6 mi |
F 1078 W King Street Active | $499,999 List Price | 3 | 3 | 1,625 | $308 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1960, this property is explicitly described as needing 'some updates' and having 'aging infrastructure.' While the exterior appears maintained, the lack of interior images prevents a detailed assessment of the kitchen and bathrooms. However, given the age and the description, it's highly probable that these areas, along with other systems, are functional but outdated and require modernization rather than immediate structural repairs, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7405, living area = 1620.
- Expansive Lot Size
The generous 7405 sqft lot provides significant outdoor space for expansion, landscaping, or potential accessory dwelling unit (ADU) development.
- Strategic Location & Connectivity
Enjoying proximity to essential amenities like grocery stores, public transportation (10-minute walk), and convenient freeway access, enhancing daily living and commute.
CONSRISKS & DEFICIENCIES
- Immediate Renovation Needs
The property explicitly requires updates, indicating that buyers should anticipate immediate investment for modernization and repairs.
- Aging Infrastructure (1960 Build)
As a 1960-built home, it likely features older systems and finishes, potentially necessitating comprehensive upgrades to meet contemporary standards and efficiency.
- Lack of Scenic Views
The property does not offer any specific scenic views, which might be a consideration for buyers prioritizing visual amenities.
About 906 N 4th
This 3-bedroom, 2-bathroom home offers a fantastic opportunity for buyers looking to add value and make it their own. While it does need some updates, the property sits on a large lot with plenty of room to expand or upgrade. Conveniently located near grocery stores, 10 min walk to public transportation, and with easy access to the freeway, this home combines practicality with potential. Whether you’re an investor or a homeowner ready to customize, this property is a diamond in the rough with endless possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,405 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 | 1,620 | 1,683 | 47% |
| Lot Size | 7,405 | 6,098 | 68% |
| Price | $400.0K | $450.0K | 32% |
| Price per sq ft | $247 | $261 | 35% |
| Built year | 1960 | 1997 | 13% |
| HOA | $0 | $202 | 31% |
| Days on market | 42 | 199 | 0% |
Pricing History
Listed for Sale
Jan 24, 2026
$399,990
Initial Listing
Sold
Dec 3, 2013
$147,000
Public Record