New Roof, new painted all outside, and new fascia just installed a few weeks ago. All previous roof layers were removed. Investor's Opportunity, three units 1 bedroom 1 bathroom each one, with great potential to add more bedrooms on this 8,276 SF lot. One unit has been renovated recently, good tenants on a month to month contract, low rent. Each unit has their own Gas and Electric meter. Some of the units may need upgrades and cosmetic repairs. THESE UNITS ARE LOCATED ON THE OPPOSITE SIDE OF THE DRIVEWAY the other side is also for sale on its own price.
Sold for $450,000
Street View
Listing Provided by: Coldwell Banker Envision
Bought with: eXp Realty of California, Inc.
$450,000
231 E Nicolet St, Banning, CA 92220
3beds
3baths
1,748sqft
Triplex
Built in 1951
-- sqft lot
$470,400 Zestimate®
$257/sqft
$1,908 Estimated rent
Home value
$470,400
$442,000 - $499,000
$1,908/mo
Zestimate® history
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$2,852/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Raul Lozano DRE #01381705 909-319-2293,
Coldwell Banker Envision
Bought with:
Blake Cory, DRE #01781649
eXp Realty of California, Inc.
Sam Farzinkhou, DRE #02076545
eXp Realty of California, Inc
Source: CRMLS,MLS#: TR23160138
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Bedroom
- Features: All Bedrooms Down
Heating
- Floor Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Laundry Room
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,748
- Total interior livable area: 1,748 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
Lot
- Size: 8,276 sqft
- Features: Front Yard
Details
- Parcel number: 541350005
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Roof: Composition,Shingle
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Sewer Tap Paid
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Banning
- Subdivision: Solera (Slra)
HOA & financial
Other financial information
- Total actual rent: 2400
Other
Other facts
- Listing terms: 1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $450,000+0.7%$257/sqft |
Source:  CRMLS #TR23160138 Report a problem | ||
| 3/21/2024 | Listed for sale | $447,000$256/sqft |
Source: Berkshire Hathaway California Properties #TR23160138 Report a problem | ||
| 3/20/2024 | Contingent | $447,000$256/sqft |
Source: CRMLS #TR23160138 Report a problem | ||
| 3/12/2024 | Listed for sale | $447,000$256/sqft |
Source: BHHS broker feed #TR23160138 Report a problem | ||
| 10/17/2023 | Listing removed | -- |
Source: Berkshire Hathaway California Properties Report a problem | ||
| 8/27/2023 | Listed for sale | $447,000$256/sqft |
Source: Berkshire Hathaway California Properties #TR23160138 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,366 +271.5% | $458,999 +282% |
| 2024 | $1,713 -7.3% | $120,166 +2% |
| 2023 | $1,848 +10.2% | $117,810 +2% |
| 2022 | $1,677 +1.9% | $115,501 +2% |
| 2021 | $1,646 +1% | $113,237 +1% |
| 2020 | $1,630 +1.6% | $112,077 +2% |
| 2019 | $1,605 +0.7% | $109,880 +2% |
| 2018 | $1,594 +1.7% | $107,727 +2% |
| 2017 | $1,568 | $105,616 +2% |
| 2016 | $1,568 +6.6% | $103,546 +1.5% |
| 2015 | $1,471 +0.6% | $101,992 +2% |
| 2014 | $1,461 | $99,996 +0.5% |
| 2013 | -- | $99,546 +2% |
| 2012 | -- | $97,595 +2% |
| 2011 | -- | $95,683 +0.8% |
| 2010 | -- | $94,970 -0.2% |
| 2009 | -- | $95,198 +2% |
| 2008 | -- | $93,332 +2% |
| 2007 | -- | $91,503 +2% |
| 2006 | -- | $89,710 +2% |
| 2005 | -- | $87,951 -18.5% |
| 2003 | -- | $107,961 +27% |
| 2002 | -- | $85,000 +13.3% |
| 2001 | $881 +8.7% | $75,000 +8.7% |
| 2000 | $811 | $69,000 |
Find assessor info on the county website
Neighborhood: 92220
Nearby schools
GreatSchools rating
- 2/10Central Elementary SchoolGrades: K-5Distance: 0.2 mi
- 1/10Nicolet Middle SchoolGrades: 6-8Distance: 0.1 mi
- 5/10Banning High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$470,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$470,400
- California
- Riverside County
- Banning
- 92220
- 231 E Nicolet St
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