Skip To Content

1574 W Lincoln Street W

Banning, CA 92220
  • $485,000
  • STATUS: Active Under Contract
  • ON SITE: 159 Days
  • MLS #: EV24170677
Under Contract
UPDATED: 20 min ago
$485,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Lands Adjoining Banning
Type:
Multi-Family
Built:
1950
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley

School Ratings & Info

Visit GreatSchools.org
Listing Agent(s): Dennis Arterberry of Berkshire Hathaway Homeservices California Realty (909-273-6020)


Description

***Excellent Investment Opportunity***The property has great potential with a Single-Family Home in the front and a Large Warehouse that boast 2,640 square feet of beautiful space in the back. Making this a 2 Unit potential income property. Great as property to live in the front unit and have your business running in the large back warehouse. Zoned Business Park with many purposes. The shop has 240-3 phase panel ready for those big jobs. RV Parking connection with lateral for sewer. Located in an up-and-coming area this property would make a great investment. Bring your ideas and make it work. Make it yours today!!!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T11:30:15.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/153779747
Print Image

1574 W Lincoln Street W Banning, CA 92220

  • Price: $485,000
  • Status: Active Under Contract
  • On Site: 159 Days
  • Updated: 20 min ago
  • MLS #: EV24170677
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1950
Built
Neighborhood:
Lands Adjoining Banning
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley
Property Description
***Excellent Investment Opportunity***The property has great potential with a Single-Family Home in the front and a Large Warehouse that boast 2,640 square feet of beautiful space in the back. Making this a 2 Unit potential income property. Great as property to live in the front unit and have your business running in the large back warehouse. Zoned Business Park with many purposes. The shop has 240-3 phase panel ready for those big jobs. RV Parking connection with lateral for sewer. Located in an up-and-coming area this property would make a great investment. Bring your ideas and make it work. Make it yours today!!!
Exterior Features

Architectural Style Ranch Construction Materials Stucco Entry Level 1 Entry Location 1 Fencing Average ConditionChain Link Horse Amenities Riding Trail Lot Features Corner Lot Number Of Separate Electric Meters 2 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Gravel Roof Shingle View Neighborhood View YN Yes

Interior Features

Appliances Gas OvenWater Heater Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Concrete Heating Space Heater Heating YN Yes Interior Features All Bedrooms Down Window Features Skylight(s)

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Horse TrailsMountainous Contingency See page 5 of supplementsproperty can resort to Mixed Use/Commercial Residential with a Conditional Use Permit. Electric 220 Volts Other220 Volts in GarageSee Remarks220 Volts in Workshop Fuel Expense 540 Garage YN Yes Gross Income 4640 Gross Scheduled Income 55680 Insurance Expense 2160 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 51780 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 3900 Possession Close Plus 3 Days Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 900 Trash Expense 780 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer Connected Water Sewer Expense 420 Water Source Public Zoning M



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T11:30:15.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373217181-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373217181-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373217181-2.jpg
Logo
The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Dennis Arterberry of Berkshire Hathaway Homeservices California Realty (909-273-6020)