225 W Ramsey St
Banning, CA 92220

Bd   Ba   13,500 Sqft   24 Days
Originally built in 1928 as the Hotel Banning, recently remodeled to 22 residential units and a commercial area. There are currently 20 - 1 bedroom, 1 bath units and 2 studio units, in addition to a commercial retail space of approx. 2000 sq.ft.. The majority of the units are leased, and the commercial area awaits your business plan. There is a paved parking lot at the rear of the building with 12 spaces (there is public parking on 2nd St.as well). Property is located in the heart of downtown, within walking distance of restaurants, a coffee shop, the movie theater, dry cleaners and pub. Property is well maintained, provides secure lobby access, and has a lighted & monitored courtyard and parking lot. Square footage of the building and units is a estimate only, buyer is to verify.
  • $0 HOA
  • $104/Sqft
  • MLS#IV17201139 provided by MIKKI BLOOMER of BANNING REALTY
  • Movoto last checked CRMLS for new data 28 minutes ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 225 W Ramsey Street, Banning

Year Built: 1928
Property SubType: Commercial/Residential
Lot Size Acres: 0.37
Lot Size Square Feet: 16355
Lot Size Units: Square Feet
Lot Size Area: 16355
Price Per Square Foot: 103.7
New Taxes Expense: 22223
Parcel Number: 540166001
Tax Census Tract: 441.01
Special Listing Conditions: Standard
Standard Status: Active
Interior
Average Studio Area: 350
Average 1st Bedroom Area: 500
Interior Features: Balcony, Elevator
Exterior
Levels: Three Or More
Entry Location: Courtyard Or Rear Parking Area
Common Walls: No Common Walls
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Architectural Style: Spanish
Average Studio Area Units: Square Feet
Number Of Buildings: 1
Roof: Flat
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 13500
Parking Features: Assigned
Uncovered Spaces: 12
Parking Total: 12
Number Of Units Total: 22
Amenities / Utilities
Sewer: Sewer Paid
Trash Expense: 1403
Water Sewer Expense: 6798
Electric Expense: 4533
Appliances: Electric Range, Electric Water Heater, Microwave, Range/Stove Hood, Water Heater Unit
Laundry Features: Community
Community Features: Street Lighting
Pool Features: None
Location
View Y/N: 1
View: Hills, Mountain, Neighborhood
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Property History for 225 W Ramsey Street, Banning

Status
Date
Price
Listed
Aug 30, 2017
$1,400,000
#IV17201139

Real Estate Market Statistics for 225 W Ramsey Street, Banning

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225 W Ramsey Street

No data!
Riverside County
Banning
92220
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.4M

225 W Ramsey Street

$265K

92220

-5% y/y

92220

$265K

Banning

-5% y/y

Banning

-

Riverside County

- y/y

Riverside County

See all trends for Banning
As of today, , there are 118 properties listed for sale in ZIP code 92220 and 118 properties listed for sale in the city of Banning, CA. Of those 118 properties, there are 107 single family houses and 11 condos. The current list price for 225 W Ramsey St is $1,400,000, which is 428% above the median price of $265,000 for Banning and 428% above the median of $265,000 for 92220. 225 W Ramsey St is approximately 13,500 Sqft, which is 776% above the median size in Banning of 1,541 square feet and 776% above the median size in 92220 of 1,541 square feet. This property's price per Sqft is $104, which is 42% below the median in 92220 of $179 and 42% below the Banning median of $179.
Built in 1928, this multi family house at 225 W Ramsey St is approximately 13,500 square feet and comes with 12 parking spots. It is listed on 08/30/2017 with a cost per Sqft of $104. 225 W Ramsey St is located in the Downtown Banning neighborhood in the Banning Unified School District. The closest school is Banning High School.

225 W Ramsey St has been on the market for 24 days. The median days on the market for properties in this area is 45 with a median list price of $265,000 and median cost per square foot of $179. It's currently listed as active under the MLS #IV17201139.

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