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Refreshed Quadplex Property
For Lease
$1,550/Mo

478 N Alessandro, Banning, CA 92220

Banning, CA

Space SizeContact for details
Lot Size0.23 Acres
Days on Market48

Property Features for 478 N Alessandro

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2
Subdivision Other (OTHR)
Lot features 2-5 Units/ Acre
Elementary school district Banning Unified
Middle school district Banning Unified
High school district Banning Unified
Directions N. Alessandro and E. Nicolet Street
Standard status Active
APN 541350002
Size 800 SF
Lot size 0.23 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1936
Floors in Building 1
Number of units 4
Listing Agency: HUDSON REALTY
Listed By: Theodora Schoeny · License #01202209
Added: Jul 13 Changed: Aug 25 Last Checked: Aug 29 at 7:06PM
MLS# IG26152669

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.

Investment Insights

Based on property information with market context.

This residential income property was built in 1936 and encompasses 800 square feet on a 0.23-acre parcel. Recent improvements include fresh interior paint and new bedroom ceiling fans, with a functional arrangement containing two bedrooms and one bathroom. Heating is provided by a wall furnace, while cooling is handled by wall or window units.

The property is served by public water and public sewer. Its Banning setting places it near schools, shopping, parks, restaurants, and freeway access. Utility responsibilities are divided between occupants and ownership, with tenants paying gas, electricity, and trash while the owner covers water and sewer. A no-pets policy applies.

Key Highlights

  • 800‑square‑foot residential property on a 0.23‑acre lot
  • Built in 1936 with refreshed interiors and new bedroom ceiling fans
  • Two bedrooms and one bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby

Demographics for 92220, CA

32,947
Population
13,258
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
141.3 sq mi
ZIP Area
233
Density / Sq Mi
$59,116
Median Household Income
$35,428
Median Earnings
$1,499
Median Rent
$324,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Updated interiors, practical living areas, and public water and sewer service support residential occupancy.
Where is this quadplex located?
The property is located at 478 N Alessandro Banning, CA.
What is the lease rate?
The lease rate is $1,550/Mo.
What are key features of this property?
This property features: 800‑square‑foot residential property on a 0.23‑acre lot; Built in 1936 with refreshed interiors and new bedroom ceiling fans; Two bedrooms and one bathroom
More about this property
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