333 N Murray, Banning, CA 92220

$1,095,000

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List Price
$1,095,000
Status
ACTIVE
MLS#
AR26178170
Year Built
1930
Lot Size
12,197
Acres
0.28
Lot Location
Street Level
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level
Neighborhood
Solera (Slra)

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

Pool Description
None
Heat
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$108,000
Operating Expense
31921

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

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Calculator source: Real Geeks

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.