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.
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
Single Family Residence
Built in 1950
1.68 Acres Lot
$771,400 Zestimate®
$447/sqft
$-- HOA
What's special
- 26 days
- 127
- 10
Zillow last checked:
Listing updated:
Listed by:
Fereshteh Haddad DRE #01220577 909518-5848,
ACREAGE REAL ESTATE
Source: CRMLS,MLS#: CV26205760
Originating 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
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listed for sale | $780,000+41.8%$447/sqft |
Source: | ||
| 7/15/2024 | Sold | $550,000-15.3%$315/sqft |
Source: | ||
| 5/29/2024 | Contingent | $649,000$372/sqft |
Source: | ||
| 4/4/2024 | Listed for sale | $649,000-7.2%$372/sqft |
Source: | ||
| 9/22/2023 | Listed for sale | $699,000+75.2%$401/sqft |
Source: | ||
| 5/29/2015 | Listing removed | $399,000$229/sqft |
Source: RE/MAX Real Pros #IV14115063 Report a problem | ||
| 6/4/2014 | Listed for sale | $399,000$229/sqft |
Source: Realty ONE Group, Inc. #IV14115063 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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