333 N Murray, Banning, CA 92220

$1,095,000

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List Price
$1,095,000
Status
ACTIVE
Days on Market
8
MLS#
AR26178170
Subtype
Residential Income
Year Built
1930
Lot Size
12,197
Acres
0.28
Subdivision
Solera (Slra)
Neighborhood
Solera (Slra)
MLS Area Major
Banning/Beaumont/Cherry Valley (263)

Property Description

333 N Murray St presents an excellent opportunity to acquire a six-unit multifamily property in the growing community of Banning. The property features a diverse unit mix consisting of (3) studio units, (2) one-bedroom + one-bathroom units, and (1) two-bedroom + one-bathroom unit, offering flexibility to attract a wide range of tenants. This well-configured unit mix provides stable rental demand and strong income potential for investors seeking a manageable asset in an affordable rental market. Situated in a convenient residential neighborhood, the property offers tenants easy access to local shopping, dining, and major transportation corridors, while benefiting from Banning’s continued population growth and demand for workforce housing. 333 N Murray St represents an attractive value-add or long-term hold opportunity for investors looking to expand their footprint in the Inland Empire multifamily market.

Additional Information

Heating
None
Stories
One Level
Levels
One
Pool Type
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jagmeet Singh (jsingh@sigcommercial.com) from Listing Office: Keller Williams - Eagle Rock.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.