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495 & 497 Martin St, Banning 495 Martin St 2 Unit Apartment Building $599,000 ($299,500/Unit) Banning, CA 92220
Executive Summary
2 Residential Units, 2 bedrooms each. One unit built in 2025 and the other was completely renovated.
Property Facts
| Price | $599,000 | Building Class | B |
| Price Per Unit | $299,500 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 1,400 SF |
| Sale Condition | Building in Shell Condition | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1928/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R1 - Residential zoning. | ||
| Price | $599,000 |
| Price Per Unit | $299,500 |
| Sale Type | Investment |
| Sale Condition | Building in Shell Condition |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 1,400 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1928/2025 |
| Opportunity Zone |
Yes |
| Zoning | R1 - Residential zoning. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 700 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 541-350-007 | Improvements Assessment | $114,168 |
| Land Assessment | $18,022 | Total Assessment | $132,190 |
Property Taxes
Parcel Number
541-350-007
Land Assessment
$18,022
Improvements Assessment
$114,168
Total Assessment
$132,190
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495 & 497 Martin St, Banning | 495 Martin St