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.
PROPERTY DETAILS: Square Feet: 1744 | Bathrooms: 3
INTERIOR FEATURES: • Flooring: Vinyl, Carpet • Cooling: Central Air • Heating: Central • Common Walls: No Common Walls • Fireplaces: Living Room
EXTERIOR FEATURES: • Parking: 3 Garage Spaces, 3 Parking Spaces, Garage, Attached Garage. • Exterior: Stucco • Patio: Patio, None • Roof: Tar Gravel • Pool Description: None • Spa: None • Lot View: Mountain, City • Lot Dimensions: 73,181 • Zoning: R-3 • Fence: Chain Link • Additional Exterior/Lot Features: Patio
LISTING AGENT: Agent: Fereshteh Haddad | Office: ACREAGE REAL ESTATE | Phone: (909) 518-5848 | Email: [email protected]
LISTING INFORMATION: MLS#: CV26205760 | Status: FOR SALE
