1574 West Lincoln Street

Banning, CA 92220

$485,000
Price
2
Beds
1
Bath
3,396 Sq. Ft.
$143 / Sq. Ft.
3,396
Sq. Ft.
$143
per Sq. Ft.

Description

Excellent Investment Opportunity The property has great potential with a Single-Family Home in the front and a Large Warehouse that boast 2,640 square feet of beautiful space in the back. Making this a 2 Unit potential income property. Great as property to live in the front unit and have your business running in the large back warehouse. Zoned Business Park with many purposes. The shop has 240-3 phase panel ready for those big jobs. RV Parking connection with lateral for sewer. Located in an up-and-coming...Excellent Investment Opportunity The property has great potential with a Single-Family Home in the front and a Large Warehouse that boast 2,640 square feet of beautiful space in the back. Making this a 2 Unit potential income property. Great as property to live in the front unit and have your business running in the large back warehouse. Zoned Business Park with many purposes. The shop has 240-3 phase panel ready for those big jobs. RV Parking connection with lateral for sewer. Located in an up-and-coming area this property would make a great investment. Bring your ideas and make it work. Make it yours today!
  1. Listed by DENNIS ARTERBERRY • DRE #01331593 • Brokerage DRE #01996796 • Berkshire Hathaway Homeservices California Realty • 951-259-6902

Property Details for 1574 West Lincoln Street

Architectural Style
Ranch
View
Neighborhood
Parking Spaces Total
3
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 11/24/2024 01:37 PM

Property Details for 1574 West Lincoln Street

StatusActive
MLS #EV24170677
Days on Market101
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.50 AC / 21,780 SF
CountyRiverside County

Building Information for 1574 West Lincoln Street

Stories1Residences-Year Built1950Building Size-Lot Size0.50 AC / 21,780 SF

Property Information for 1574 West Lincoln Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $4,640
  • Gross Scheduled Income: $55,680
  • Net Operating Income: $51,780
  • Other Income Description: Lease Shop $1.00=$2, 640
Expense Details
  • Operating Expense: $3,900
  • Fuel Expense: $540
  • Insurance Expense: $2,160
  • Trash Expense: $780
  • Water Sewer Expense: $420
  • Total Expenses: $3,900
Tax / Assessment Info
  • Tax Block: 286
  • Tax Tract Number: 014...
  • Tax Census Tract: 443.00
  • CFD/Mello-Roos Fee: $64
  • Tax Lot: 286
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Horse Trails, Mountainous
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Water Heater
  • Equipment: Inside
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Space Heater
  • Heating: Space Heater
  • Flooring: Concrete
Exterior Features
  • Window Features: Skylight(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Average Condition, Chain Link
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 540230002
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Gravel
  • Road Frontage Type: Access Road, City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected
  • Electric: 220 Volts in Garage, 220 Volts in Workshop, 220V Other - See Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2640
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1574 West Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1574 West Lincoln Street

Taxable ValueLand$41,803Additions$71,771Total$113,574
Tax Record2024$1,623 ($135 / month)
Home Facts
Beds2Baths1Total Finished SqFt756 SqFtAbove Grade Finished SqFt756 SqFtStories1Lot Size14,374 SqFtStyleSingle Family ResidenceYear Built1950ZoningMCountyRIVERSIDEAPN540-230-001Fireplace TypeHas Fireplace

Schools near 1574 West Lincoln Street

This home is within Banning Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hemmerling Elementary School
PublicK to 5

Nicolet Middle School
Public6 to 8

Banning High School
Public9 to 12

New Horizon High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1574 West Lincoln Street is a multi-family home for sale in Banning, CA 92220. This property was listed for sale on August 16, 2024 by Berkshire Hathaway Homeservices California Realty, it's currently listed at $485,000. It has been on the market for a total of 101 days and was last sold on July 22, 2003. This listing's school district is Banning Unified School District. Nearby schools include Hemmerling Elementary School, Nicolet Middle School and Banning High School. 1574 West Lincoln Street is a 2-bed, 1-bath, 3,396 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Homeservices California Realty, DENNIS ARTERBERRY, DRE #01331593

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.