162 N 3rd, Banning, CA 92220
Duplex - Banning, CA
- Added:
- May 1, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 16 at 9:06 pm
Property Features for 162 N 3rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 2
- Exterior features
- Community Features Included: Street Lights, Sidewalks, Front Yard, Back Yard
- Standard status
- Active
- APN
- 540162013
- Size
- 1,252 SF
- Lot size
- 6,098.00 Acres
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1915
- Floors in Building
- 1
- Number of units
- 2
- Architectural style
- Other
Listing agent Arturo Hernandez License #01745501 (909) 638-7303
Listing office REALTY MASTERS & ASSOCIATES 10681 Foothill Blvd. #140A, Rancho Cucamonga, CA (909) 303-4500
Listing date May 1, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with two separate units provides rental income potential or multi‑generational living options.
- Convenient location near local amenities, shopping, dining, and major commuter routes.
- Detached two‑car garage offers additional storage or parking.
- Fully fenced lot provides privacy and security.
- Front unit: 1 bedroom, 1 bathroom; Rear unit: 2 bedroom, 1 bathroom.
- Detached laundry room.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.0k | $25.56 |
| − Vacancy | −$576 | −$0.46 |
| EGI | $31.4k | $25.10 |
| − OpEx | −$9.4k | −$7.53 |
| NOI | $22.0k | $17.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Banning
- County
- Riverside
- State
- California
- Longitude
- -116.87966
- Latitude
- 33.9268118
