
Banning, California 92220
This property presents a High-Potential Investment Opportunity with a List Price of $449,900—positioned well above the $393,415 Fair Market Value by -14%. While the home features a Fair Condition Rating (4/10), the 8,276 sq. ft. lot and versatile garage conversion offer significant value-add potential. Buyers must verify permits for the bonus space to ensure compliance. With its Valley views and functional layout, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of managing necessary cosmetic modernizations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 910 W George Subject | $449,900* List Price | 2 | 2 | 930 | $423 | - |
A 1137 W Williams Sold | $405,000 | 3 | 1 | 1,003 | $404 | 0.3 mi |
B 1645 W Hays Street Sold | $380,000 | 2 | 1 | 826 | $460 | 0.5 mi |
C 1280 N Murray St Sold | $400,000 | 3 | 2 | 906 | $442 | 0.8 mi |
D 672 N 17th Sold | $449,000 | 3 | 2 | 1,293 | $347 | 0.5 mi |
E 1087 N 1st St Sold | $460,000 | 3 | 2 | 1,233 | $373 | 0.6 mi |
F 485 Nicolet St Pending | $400,000 List Price | 2 | 1 | 976 | $410 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is functional but significantly dated. The kitchen and bathroom show renovations likely exceeding 20 years of age, and the presence of window AC units suggests the lack of a modern central HVAC system. While move-in ready, the home requires cosmetic updates (popcorn ceilings, older cabinetry) and system modernizations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 930.
The garage conversion provides a flexible additional living area that can serve as a home office, gym, or hobby room, effectively increasing the functional utility of the home.
Sitting on an 8,276 square foot lot, the property offers a spacious backyard that is ideal for outdoor entertaining, gardening, or potential future expansions.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only 930 square feet of living space, the home's compact footprint may be a significant drawback for families or buyers requiring more room to grow.
The garage conversion requires the buyer to verify permits; if unpermitted, this could lead to issues with financing, insurance, or future resale value.
Charming 2-Bedroom Home with Garage Conversion Welcome to this well-maintained 2-bedroom, 1-bath home offering comfort, functionality, and added flexibility. The attached garage has been converted into a versatile bonus space, ideal for a home office, family room, fitness area, hobby room, or additional storage (buyer to verify permits and intended use). The home features a bright and inviting living area, a functional kitchen with ample cabinet space, comfortable bedrooms, and a spacious backyard perfect for relaxing or entertaining. Conveniently located near shopping, schools, parks, and major transportation routes, this property offers an excellent opportunity for first-time homebuyers, downsizers, or investors. Property Highlights: 2 Bedrooms 1 Bathroom Garage conversion providing additional flexible living space Spacious backyard Functional floor plan Convenient location near local amenities Great opportunity for homeowners or investors Come see the potential this charming property has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 930 | 1,574 |
| Lot Size | 8,276 | 5,523 |
| Price | $449.9K | $437.6K |
| Price per sq ft | $484 | $260 |
| Built year | 1959 | 2001 |
| HOA | $0 | $220 |
| Days on market | 21 | 79 |
Jul 1, 2026
$449,900
Initial Listing
Jan 18, 2017
$163,000
Public Record
May 14, 2004
$154,000
Public Record
Dec 16, 1997
$64,000
Public Record