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Banning, CA

$399,900

162 N 3rd, Banning, CA
3
Beds
2
Baths
1,252
Sq Ft
1915
Built
6
Days listed

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!

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full
Living area
1,252 sq ft
Interior features
All Bedrooms Down
Fireplace
None
Heating
None
Cooling
Wall Window Units
Laundry
Laundry Room
Levels
One
Exterior & lot
Lot size
0.14 acres (6,098 sq ft)
Pool
None
View
Neighborhood
Year built
1915
Parking spaces
2
Community
Area
263 - Banning/Beaumont/Cherry Valley
County
Riverside
Community features
Street Lights, Sidewalks
Listing details
Status
Active
Property type
Duplex
Days on market
6
Listed
2026-07-16
Terms
Submit
Parcel #
540162013
MLS #
CV26150080
Listed by
Arturo Hernandez · REALTY MASTERS & ASSOCIATES

Location

Price history

Listed
$399,900 · 2026-07-16
Days on market
6
Current price
$399,900
Financing

Could this home be yours?

Estimated monthly payment
$2,509
$2,022 principal & interest · $487 taxes & insurance
$79,980
Estimate only
Loan $319,920

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Estimated value range nearby
$611,258$717,563

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of REALTY MASTERS & ASSOCIATES. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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