Property Showcase

225 W Ramsey StreetBanning, CA 92220 0

$1,400,000
Multi-Family
Status: Contract Pending
  • Sqft:
  • MLS#: IV17201139
33.925678253173828-116.87920379638672
Courtesy Of MIKKI BLOOMER, BANNING REALTY

Description:

Originally built in 1928 as the Hotel Banning, recently remodeled to 22 residential units and a commercial area. There are currently 20 - 1 bedroom, 1 bath units and 2 studio units, in addition to a commercial retail space of approx. 2000 sq.ft.. The majority of the units are leased, and the commercial area awaits your business plan. There is a paved parking lot at the rear of the building with 12 spaces (there is public parking on 2nd St.as well). Property is located in the heart of downtown, within walking distance of restaurants, a coffee shop, the movie theater, dry cleaners and pub. Property is well maintained, provides secure lobby access, and has a lighted & monitored courtyard and parking lot. Square footage of the building and units is a estimate only, buyer is to verify.

Main Features:

Listing Status Contract Pending Year Built 1928
Garage 0.0 Floors 3
County Riverside Rental Price $0
Units 22 Zoning C2

Additional Features:

Appliances Electric Range
Electric Water Heater
Microwave
Range/Stove Hood
Water Heater Unit
Architecture Spanish
Common Walls No Common Walls
Community Features Street Lighting
Cooling Electric
See Remarks
Faces South
Flooring Carpet
Vinyl
Heating Electric
Interior Features Balcony
Elevator
Land Size Source Assessor
Laundry Community
Laundry Equipment Lease
Levels Three Or More
Lot Features Corner Lot
Near Public Transit
Paved
Parking Assigned
Pool Features None
Property Subtype Commercial/Residential
Roof Flat
Sewer Sewer Paid
Special Conditions Standard
Tenant Pays Parking Fee
Telephone
View Hills
Mountain
Neighborhood
Water Source Public
Windows Blinds
Year Built Source See Remarks

Extra Features:

Cable TV Expense 2080.00 CDOM 38
Fuel Exp 0.00 Gross Income 145200.00
Insurance Expense 2630.00 Lot Size Square Feet 16355.00
Maintenance Exp 5200.00 Net Operating Income 87933.00
Number of Buildings 1 Number Of Units Leased 19
Operating Expense 57267.00 Parking Spaces 12.00
Price Per SQFT 103.70 Tax ID 540166001
Total Expenses 56467.00

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2017 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2017 California Regional Multiple Listing Service, Inc. All rights reserved.

Last Updated On: 10/22/2017 3:40:07 PM

225 W Ramsey Street, Banning, CA 92220

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2017 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2017 California Regional Multiple Listing Service, Inc. All rights reserved.

Last Updated On: 10/22/2017 3:40:07 PM

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