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Sold for $609,000
  • Listing Provided by: A + Realty & Mortgage
    Bought with: A + Realty & Mortgage
    $609,000

    508 W Williams St, Banning, CA 92220

    4beds
    4baths
    2,000sqft
    Quadruplex
    Built in 1964
    -- sqft lot
    $630,500 Zestimate®
    $305/sqft
    $2,132 Estimated rent

    Home value

    $630,500

    $593,000 - $675,000

    $2,132/mo

    Zestimate® history
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    What's special

    Separate electricityQuiet tree lined streetGas metersLaundry rooms
    Opportunities knocked! Beautiful 4 unit apartments(two buildings, each unit is one bedroom one bath)) located in a quiet tree lined street in the city of Banning, which is only 2 minutes away rom Fwy 10 and minutes away from Desert Hills Premium Outlets and Cabazon Resort and Casino. This nice apartment complex sits on a large lot over 26,000 sqf which gives investors another golden opportunity to add on more units, all interest parties please check with the city planning department for the expansion. Laundry rooms in Building 506 both units were converted into bedrooms without permit. All units has tile flooring for easy maintenance. All units have separate electricity and gas meters, Only one water meter but water bill spilt paid by the tenants, landlord Only pays $120/month trash bill. Very low maintenance with high returns , long term tenants, don't miss out! Property to be Sold in AS IS, Where Is condition, all information is dim reliable but not guaranty, living square feet is estimated, no public record, please do own investigation. Please drive by Only and do Not disturb the tenants, they are Not aware of the sale. Offer subject to interior inspection on accepted offer, interior pictures were taken prior tenants moved in.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Jenny Zhang DRE #01854689 propertyprojenny@gmail.com,

    A + Realty & Mortgage

    Bought with:

    Jenny Zhang, DRE #01854689

    A + Realty & Mortgage

    Source: CRMLS,MLS#: TR23124320MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Natural Gas, See Remarks
    Cooling
    • None
    Appliances
    • Laundry: See Remarks
    Features
    • Open Floorplan, Tile Counters, Bedroom on Main Level
    • Flooring: Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 2,000 sqft

    Property

    Accessibility
    • Accessibility features: See Remarks
    Features
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 0.61 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 540170028
    • Lease amount: $0
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Electric: Standard
    • Sewer: Septic Type Unknown
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Banning
    • Subdivision: ,None

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan

    Price history

    DateEventPrice
    5/22/2024Sold$609,000$305/sqft
    Source: CRMLS #TR23124320 Report a problem
    5/15/2024Pending sale$609,000$305/sqft
    Source: CRMLS #TR23124320 Report a problem
    4/24/2024Contingent$609,000$305/sqft
    Source: CRMLS #TR23124320 Report a problem
    4/24/2024Listed for sale$609,000+143.6%$305/sqft
    Source: CRMLS #TR23124320 Report a problem
    8/16/2016Sold$250,000+4.2%$125/sqft
    Source: Public Record Report a problem
    9/30/2014Sold$240,000+29.7%$120/sqft
    Source: Public Record Report a problem
    6/10/2010Sold$185,000+103.3%$93/sqft
    Source: Public Record Report a problem
    2/25/2010Sold$91,000-62.5%$46/sqft
    Source: Public Record Report a problem
    11/25/2009Sold$242,396-1.1%$121/sqft
    Source: Public Record Report a problem
    11/18/2003Sold$245,000+642.4%$123/sqft
    Source: Public Record Report a problem
    1/17/2003Sold$33,000-75.6%$17/sqft
    Source: Public Record Report a problem
    3/15/2002Sold$135,000+121.3%$68/sqft
    Source: Public Record Report a problem
    6/9/2000Sold$61,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,591 +116.5%$621,179 +118.4%
    2024$3,968 +0.1%$284,453 +2%
    2023$3,966 +2.1%$278,876 +2%
    2022$3,883 +2%$273,409 +2%
    2021$3,809 +0.9%$268,049 +1%
    2020$3,776 +1.6%$265,301 +2%
    2019$3,717 +0.6%$260,100 +2%
    2018$3,694 +1.6%$255,000 +2%
    2017$3,634 $250,000 -0.1%
    2016$3,634 +7.3%$250,236 +4.3%
    2015$3,387 +21.2%$240,000 +23.2%
    2014$2,796 $194,798 +0.5%
    2013-- $193,920 +2%
    2012-- $190,119 +2%
    2011-- $186,392 +33.1%
    2010-- $140,000 -59.6%
    2009-- $346,376 +2%
    2008-- $339,585 +2%
    2007-- $332,927 +2%
    2006-- $326,400 +2%
    2005-- $320,000 +132.4%
    2003-- $137,700 +73.7%
    2002-- $79,278 +2%
    2001$831 -20.9%$77,724 -13.2%
    2000$1,051 $89,534

    Find assessor info on the county website

    Neighborhood: 92220

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $630,500
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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
    $630,500