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.
| MLS | AR26178170 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 28 |
| Listing Provided By | Keller Williams - Eagle Rock | Jagmeet Singh |
| SQ Feet | 4,790 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 3 |
| Acreage | 0.28 |
| Heating | None |
|---|---|
| Heating Yes / No | No |
| Lot Features | Street Level |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Banning |
| Zip Code | 92220 |
| Area | 263 Banning | Beaumont | Cherry Valley |
| Community Name | Solera (SLRA) |
| Listing VS Median (in Solera (SLRA)) | |
Price: $1,095,000 low | high Med: $460,000 sqft: 4,790 low | high Med: 2,127 $ / sqft: $229 low | high Med: $216 On site: 28 low | high Med: 24 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Banning |
| Zip Code | 92220 |
| Area | 263 Banning | Beaumont | Cherry Valley |
| Community Name | Solera (SLRA) |
| Listing VS Median (in Solera (SLRA)) | |
Price: $1,095,000 low | high Med: $460,000 sqft: 4,790 low | high Med: 2,127 $ / sqft: $229 low | high Med: $216 On site: 28 low | high Med: 24 | |