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    546 N 5Th St Banning, CA 92220

    For Sale
    $599,000

    Triplex with renovated unit, garage parking, ideal for investors.

    Lot size:
    0.20 Acres

    Property Features for 546 N 5Th St

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1955

    Source: REDFIN Agent MICHELE HERRING

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Triplex with Garage Parking

    This triplex presents an investment opportunity for investors or owner-occupants. Each of the three units includes 1 bedroom, 1 bathroom, and 720 sq ft of living space, along with individual garage parking. Two units are currently occupied by long-term tenants. Unit A is vacant and has been recently renovated, featuring new flooring, a modernized bathroom, and fresh interior paint. The exterior has also been repaired and painted. The property is move-in and rent-ready.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Banning
    County
    Riverside
    State
    California
    Longitude
    -116.8819603
    Latitude
    33.9303671

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    FAQs

    What type of property is this?
    Triplex - Triplex with renovated unit, garage parking, ideal for investors.
    Where is this triplex located?
    The property is located at 546 N 5Th St Banning, CA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Income-generating triplex: Ideal for investors or owner-occupants; - Unit A is vacant and **recently renovated with new flooring, a modernized bathroom, and fresh paint**; - Individual garage parking for each unit
    (909) 528-6276
    Request Owner's contact information
    546 N 5Th St Banning, CA 92220
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    Banning, CA 92220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    546 N 5Th St Banning, CA 92220
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