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162 N 3rd St1 / 34 · Click to zoom

About this home

Great investment opportunity in the heart of Banning! This versatile duplex features two separate units with individual electric and gas meters, making it ideal for rental income or multi-generational living. The front unit offers 1 bedroom and 1 bathroom, complete with its own private fenced front yard, four dedicated parking spaces, and an extended driveway for added convenience. The rear unit features a spacious 2 bedroom, 1 bathroom layout, along with a private outdoor area and ample parking space, perfect for vehicles, equipment, or recreational toys. The long driveway extends from the front of the property all the way to the rear easement, providing additional parking and easy access throughout. Both units offer private, independent living spaces, creating a comfortable and functional setup for occupants. The property also includes a detached laundry room in a separate structure, as well as a detached two-car garage offering additional storage or parking potential. Situated on a fully fenced lot, the property provides privacy, security, and plenty of outdoor space for tenants or future improvements. Conveniently located near local shopping, dining, and with easy access to major commuter routes, this property presents an excellent opportunity for investors or buyers looking to offset their mortgage with rental income. Don t miss your chance to own a well positioned, income producing property in a growing area!

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$290,000 · Sep 2021
📋 Assessed value$313,903
💵 Annual tax$4,290
🏫 School districtBanning Unified School District

MLS #CV26150080

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$2,505
Principal & interest$2,022
Property tax$367
Home insurance$117
Down payment: $79,980Loan: $319,920

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.