530 GILMAN W Banning, CA 92220
MULTI_FAMILY - Banning, CA
- Added:
- May 4, 2026
- Days on Market:
- 70
- Last Refresh:
- Jul 12 at 5:06 am
Property Features for 530 GILMAN W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 3, Living Room, Bedroom 2, Bedroom 5, Laundry Room, Bathroom 1, Bedroom 1
- Parking
- 2
- Interior features
- Ceramic Counters
- Standard status
- Active
- APN
- 535203001
- Size
- 2,293 SF
- Lot size
- 0.23 Acres
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 1
- Number of units
- 2
Listing agent ROBERT DAVIDSON License #01262122 (951) 756-4395
Listing office NATIONAL REALTY GROUP 6700 INDIANA AVENUE SUITE 130, Riverside, CA (951) 684-7283
Listing date May 4, 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.
Investment Insights
Based on property information with market context.
The offering is listed as a multifamily/duplex asset under the residential income property category, with the full street address provided for reference: 530 Gilman W, Banning, CA 92220.
For brokers and investors underwriting rental housing, the key provided metrics are the total building size of 2,293 square feet and the lot size of 0.23 acres.
Key Highlights
- 6‑bedroom home with 3 bathrooms, plus a living room and laundry room
- Central air cooling
- Ceramic counters
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 | $58.6k | $25.56 |
| − Vacancy | −$1.1k | −$0.46 |
| EGI | $57.6k | $25.10 |
| − OpEx | −$17.3k | −$7.53 |
| NOI | $40.3k | $17.57 |
