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955 W Hays, Banning, California 92220, Banning, 92220 - bed, bath

955 W Hays, Banning, California 92220 home-pic-0
ACTIVE$585,000
955 W Hays, Banning, California 92220
0Bed
0Bath
1,782Sqft
6,098Lot
Year Built
1912
Close
-
List price
$585K
Original List price
$585K
Price/Sqft
$328
HOA
-
Days on market
-
Sold On
-
MLS number
TR25234972
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $585.0K(67th), sqft - 1782(50th), beds - undefined(50th), baths - undefined(50th).

Exceptional investment opportunity featuring three fully independent units with potential for strong rental income. The desirable unit mix includes a spacious 2-Bed/2-Bath unit, a functional 1-Bed/1-Bath unit, and a convenient Studio with a full bath. The units were painted from outside, new roof, and other updates and modifications have been made to select units. Tenants benefit from completely separate gas and electric meters (3 of each), with a single shared water meter simplifying utility management. The property also features a promising backyard area with alley access, presenting a potential opportunity for an Accessory Dwelling Unit (ADU) conversion. Buyer and agent to verify ADU feasibility. Located just minutes from the 10 Freeway, providing easy access for commuters.

Price History

Date
Event
Price
10/17/25
Listing
$585,000
Condition Rating
Fair
Built in 1912, this property has received some recent updates like a new roof and exterior paint, and some units feature newer flooring (LVP, wood-look tile) and a recently updated bathroom. However, the kitchens across the units are largely dated, with older cabinets, countertops (some tile, some older laminate/granite), and basic appliances. While functional and maintained, the property shows its age with many outdated components and would benefit from further minor updates, particularly in the kitchens, to meet modern standards.
Pros & Cons

Pros

Exceptional Investment Opportunity: The property is explicitly marketed as an 'exceptional investment opportunity' with 'potential for strong rental income' from three independent units.
Diverse Unit Mix: Features a desirable mix of units (2-Bed/2-Bath, 1-Bed/1-Bath, Studio) catering to a broad tenant base and maximizing rental income potential.
Independent Utility Metering: Separate gas and electric meters for each unit simplify tenant billing and reduce landlord utility management burdens.
ADU Conversion Potential: A promising backyard area with alley access offers a significant opportunity for future value addition through an Accessory Dwelling Unit (ADU) conversion.
Recent Exterior Updates: Recent exterior painting and a new roof, along with other modifications, indicate proactive maintenance and reduced immediate capital expenditure for a new owner.

Cons

Shared Water Meter: The presence of a single shared water meter for all units could lead to complex billing arrangements or increased landlord responsibility for water costs.
Historic Property Age: Built in 1912, the property's age may imply potential for older infrastructure, higher maintenance requirements, and unforeseen repair costs not explicitly covered by recent updates.
ADU Feasibility Uncertainty: The description notes that ADU feasibility requires buyer and agent verification, indicating potential hurdles, costs, or uncertainty in realizing this expansion opportunity.

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