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For sale
  • Listed by: ACREAGE REAL ESTATE • Fereshteh Haddad • Contact: 909 518-5848
    $780,000

    725 E Williams St, Banning, CA 92220

    3beds
    1,744sqft
    : 
    $5,444/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    1.68 Acres Lot
    $771,400 Zestimate®
    $447/sqft
    $-- HOA

    What's special

    Attention builders, developers, and savvy investors—725 E Williams St represents a rare, high-yield opportunity in the rapidly expanding Banning market. Boasting a massive, level 1.68-acre lot, this property offers the perfect combination of immediate rental income and massive future upside.The property features a spacious 1,744 sq ft home (3 beds, 1 full bath, 2 half baths, and a 3-car garage) that is currently occupied by reliable tenants. This provides an excellent turnkey setup to generate steady holding income while you navigate architectural planning, engineering, and city permits.Per the City of Banning, the true value lies in the land, which is zoned HDR (High Density Residential). This zoning permits a density baseline of 11 to 18 units per acre, allowing for a 25+ unit build out (with the added possibility of lucrative density bonuses for Senior Housing or Low-Income Housing initiatives). PROPERTY SALES AS IS.
    26 days
    127
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Fereshteh Haddad DRE #01220577 909518-5848,

    ACREAGE REAL ESTATE

    Source: CRMLS,MLS#: CV26205760MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      • Main level bathrooms: 3
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Down
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Inside
      Features
      • All Bedrooms Down
      • Flooring: Carpet, Vinyl
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,744 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Patio & porch: None
      • Pool features: None
      • Spa features: None
      • Fencing: Chain Link
      • Has view: Yes
      • View description: City Lights, Mountain(s)
      Lot
      • Size: 1.68 Acres
      • Dimensions: 73,181
      • Features: 16-20 Units/Acre
      Details
      • Parcel number: 541110013
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Tar/Gravel
      Condition
      • Repairs Cosmetic
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      Location
      • Region: Banning

      Financial & listing details

      • Price per square foot: $447/sqft
      • Tax assessed value: $560,999
      • Date on market: 9/25/2026
      • Cumulative days on market: 27 days
      • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange

        Estimated market value

        $771,400

        $733,000 - $810,000

        $2,699/mo

        Price history

        DateEventPrice
        9/26/2026Listed for sale$780,000+41.8%$447/sqft
        Source: CRMLS #CV26205760 Report a problem
        7/15/2024Sold$550,000-15.3%$315/sqft
        Source: CRMLS #EV23177069 Report a problem
        5/29/2024Contingent$649,000$372/sqft
        Source: CRMLS #EV23177069 Report a problem
        4/4/2024Listed for sale$649,000-7.2%$372/sqft
        Source: CRMLS #EV23177069 Report a problem
        9/22/2023Listed for sale$699,000+75.2%$401/sqft
        Source: CRMLS #EV23177069 Report a problem
        5/29/2015Listing removed$399,000$229/sqft
        Source: RE/MAX Real Pros #IV14115063 Report a problem
        6/4/2014Listed for sale$399,000$229/sqft
        Source: Realty ONE Group, Inc. #IV14115063 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $560,999 +2%
        2025$7,615 +283.3%$550,000 +292.7%
        2024$1,987 +0.1%$140,055 +2%
        2023$1,986 +2.1%$137,309 +2%
        2022$1,945 +1.9%$134,618 +2%
        2021$1,908 +0.9%$131,979 +1%
        2020$1,891 +1.6%$130,627 +2%
        2019$1,861 +0.7%$128,066 +2%
        2018$1,849 +1.7%$125,556 +2%
        2017$1,819 $123,095 +2%
        2016$1,819 +6.6%$120,682 +1.5%
        2015$1,706 +0.6%$118,871 +2%
        2014$1,695 $116,544 +0.5%
        2013-- $116,019 +2%
        2012-- $113,746 +2%
        2011-- $111,517 +0.8%
        2010-- $110,685 -0.2%
        2009-- $110,950 +2%
        2008-- $108,776 +2%
        2007-- $106,644 +2%
        2006-- $104,554 +2%
        2005-- $102,505 +3.9%
        2003-- $98,656 +2%
        2002-- $96,722 +2%
        2001$1,114 +2%$94,826 +2%
        2000$1,092 $92,967
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92220

        Getting around

        64 / 100
        Somewhat Walkable
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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