Exceptional investment opportunity in the heart of Banning, CA! This unique property features FOUR separate income-producing structures on one spacious lot — two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Whether you''re looking to build your rental portfolio, create a multi-generational living setup, or live in one and rent the others, the possibilities are endless.
Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area.
With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don’t miss out on this versatile and high-demand investment!
NEIGHBORING PROPERTY CAN ALSO BE INCLUDED – SEE SW25135253. DON''T MISS OUT.
Each unit offers its own private entrance and yard space, ideal for tenant privacy and comfort. The property is conveniently located near shopping, schools, freeway access, and just minutes from the expanding Downtown Banning area.
With strong rental potential and a layout perfectly suited for maximizing cash flow, this property is a rare find. Don’t miss out on this versatile and high-demand investment!
NEIGHBORING PROPERTY CAN ALSO BE INCLUDED – SEE SW25135253. DON''T MISS OUT.
Property Details
Price:
$600,000
MLS #:
SW25137712
Status:
Active
Beds:
6
Baths:
4
Address:
688 W Nicolet Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
263banningbeaumontcherryvalley
City:
Banning
Listed Date:
Jun 15, 2025
State:
CA
Finished Sq Ft:
2,200
ZIP:
92220
Lot Size:
19,602 sqft / 0.45 acres (approx)
Year Built:
1964
See this Listing
Mortgage Calculator
Schools
School District:
Banning Unified
Interior
Cooling
None
Fireplace Features
None
Heating
None
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address688 W Nicolet Street Banning CA
- Area263 – Banning/Beaumont/Cherry Valley
- CityBanning
- CountyRiverside
- Zip Code92220
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Courtesy of eXp Realty of Greater LA, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.688 W Nicolet Street
Banning, CA
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