Listed by Douglas McCauley, MARCUS & MILLICHAP, (909) 456-3400 . Bought with MARCUS & MILLICHAP
655 E Williams St
Banning, CA 92220
- 16 Beds
- 9 Baths
- 6,950 sqft (on 0.56 acres)
16 Beds
9 Baths
6,950 sqft
(on 0.56 acres)
Homes for sale near 655 E Williams St
Apartments for Rent
Local Information
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Description
Excellent opportunity to acquire a multifamily investment property located at 655 E. Williams Street Banning, California. Zero turnover in over two years. The property is conveniently located just north of interstate 10 (I-10) off Hargrave Street. The property is positioned on a 24,394 square foot parcel and encompasses approximately 6,950 square feet of building area. Featuring beautiful mature landscaping enhanced by an automatic irrigation system, contributing to its attractive curb appeal and low-maintenance operation.
Constructed in 1951, the 8-unit property consists of a single-story duplex that fronts Williams Street and 6 single-story individual cottages on the north side. The front duplex consists of one-one bedroom/one bathroom unit (approximately 600 S.F.) and one-three bedroom/two-bathroom unit (approximately 1,550 S.F.). The six individual cottages are all two bedroom/one-bathroom units (approximately 800 S.F.). Each apartment is equipped with an in-unit washer/dryer hook-ups, newer windows, private backyards, wall mounted air conditioning, oven/range and refrigerators offering tenants both convenience and comfort. Further enhancing the property’s operational efficiency, all units are individually metered for gas, electricity, trash and individual hot water heaters minimizing owner expenses. The property also offers eleven open parking spaces, low maintenance landscaping and a storage shed for owner’s tools. Given the strong rental location, close to city center and excellent property condition.
Banning, California, located in Riverside County, offers a compelling landscape for real estate investors due to its strategic location, steady growth, and pro-investment climate. Nestled in the San Gorgonio Pass between the San Bernardino and San Jacinto Mountains, Banning is ideally situated along Interstate 10, just 90 miles east of Los Angeles and 30 miles west of Palm Springs, making it a key access point between major Southern California markets. The city benefits from excellent public transportation and distribution access, which supports both residential and commercial development. Just minutes away are the Cabazon Outlets and Morongo Casino Resort & Spa, a popular entertainment hub that is currently expanding with a new four-story hotel set to open in 2026, further boosting regional tourism and economic activity.
Constructed in 1951, the 8-unit property consists of a single-story duplex that fronts Williams Street and 6 single-story individual cottages on the north side. The front duplex consists of one-one bedroom/one bathroom unit (approximately 600 S.F.) and one-three bedroom/two-bathroom unit (approximately 1,550 S.F.). The six individual cottages are all two bedroom/one-bathroom units (approximately 800 S.F.). Each apartment is equipped with an in-unit washer/dryer hook-ups, newer windows, private backyards, wall mounted air conditioning, oven/range and refrigerators offering tenants both convenience and comfort. Further enhancing the property’s operational efficiency, all units are individually metered for gas, electricity, trash and individual hot water heaters minimizing owner expenses. The property also offers eleven open parking spaces, low maintenance landscaping and a storage shed for owner’s tools. Given the strong rental location, close to city center and excellent property condition.
Banning, California, located in Riverside County, offers a compelling landscape for real estate investors due to its strategic location, steady growth, and pro-investment climate. Nestled in the San Gorgonio Pass between the San Bernardino and San Jacinto Mountains, Banning is ideally situated along Interstate 10, just 90 miles east of Los Angeles and 30 miles west of Palm Springs, making it a key access point between major Southern California markets. The city benefits from excellent public transportation and distribution access, which supports both residential and commercial development. Just minutes away are the Cabazon Outlets and Morongo Casino Resort & Spa, a popular entertainment hub that is currently expanding with a new four-story hotel set to open in 2026, further boosting regional tourism and economic activity.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from July 08, 2025
Home Highlights
Parking
11 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 655 E Williams St
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Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 9 |
Appliances & Utilities Laundry: Washer Hookup |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall, No One Above |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: Drive By |
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Exterior Home Features No Private Pool |
Parking & Garage No GarageParking Spaces: 11 |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 22 |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 541110012 |
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Price List Price: $1,475,000 |
Status Change & Dates Off Market Date: Wed May 07 2025 |
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MLS Status: Closed |
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Direction & Address City: BanningCommunity: Solera (Slra) |
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Building Area Building Area: 6950 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.56 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan |
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No Rent Control |
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Mls Number: CV25082931Living Area Range Units: Square FeetAttribution Contact: 626-695-6776Common Interest: Community ApartmentUniversal Property Id: US-06065-N-541110012-R-N |
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Sidewalks |
Last check for updates: about 22 hours ago
Listed by Douglas McCauley DRE #01155706, (626) 695-6776
MARCUS & MILLICHAP
David Covarrubias DRE #01941403
MARCUS & MILLICHAP
Bought with: David Covarrubias DRE #01941403, MARCUS & MILLICHAP
Co-Buyer's Agent: Douglas McCauley DRE #01155706, (909) 456-3493, MARCUS & MILLICHAP
Originating MLS: California Regional MLS
Source: CRMLS, MLS#CV25082931

Price History for 655 E Williams St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2025 | $1,375,000 | Sold | CRMLS #CV25082931 |
| 05/08/2025 | $1,475,000 | Pending | CRMLS #CV25082931 |
| 04/29/2025 | $1,475,000 | PriceChange | CRMLS #CV25082931 |
| 04/16/2025 | $1,570,000 | Listed For Sale | CRMLS #CV25082931 |
| 05/28/2020 | $925 | ListingRemoved | Agent Provided |
| 05/04/2020 | $925 | Listed For Rent | Agent Provided |
| 09/02/2019 | $950 | ListingRemoved | Agent Provided |
| 07/26/2019 | $950 | Listed For Rent | Agent Provided |
| 10/17/2018 | $950 | ListingRemoved | Agent Provided |
| 09/17/2018 | $950 | Listed For Rent | Agent Provided |
| 06/21/2018 | $900 | ListingRemoved | Agent Provided |
| 05/30/2018 | $900 | Listed For Rent | Agent Provided |
| 04/25/2018 | $875 | ListingRemoved | Agent Provided |
| 04/13/2018 | $875 | Listed For Rent | Agent Provided |
| 11/08/2017 | $850 | ListingRemoved | Agent Provided |
| 10/20/2017 | $850 | Listed For Rent | Agent Provided |
| 02/14/2011 | $290,000 | Sold | CDAR/ Desert Area MLS #21395465 |
Comparable Sales for 655 E Williams St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $950,000 | 07/25/25 | 14 | 16 | 2,682 | |
0.58 | Multi-Family Home | $700,000 | 03/16/26 | 6 | 6 | 3,090 | |
0.84 | Multi-Family Home | $600,000 | 12/03/25 | 6 | 4 | 2,200 | |
1.18 | Multi-Family Home | $650,000 | 07/08/25 | 8 | - | 2,900 | |
0.98 | Multi-Family Home | $470,000 | 07/09/25 | 3 | - | 1,980 | |
3.72 | Multi-Family Home | $785,000 | 08/20/25 | - | 6,000 | ||
5.67 | Multi-Family Home | $1,291,000 | 02/26/26 | 12 | 6 | 5,350 | |
5.43 | Multi-Family Home | $705,000 | 09/09/25 | 6 | 4 | 2,550 |
Assigned Schools
These are the assigned schools for 655 E Williams St.
What Locals Say about Banning
At least 246 Trulia users voted on each feature.
81 % Say car is needed
79 % Say parking is easy
79 % Say it's dog friendly
78 % Say yards are well-kept
70 % Say there's holiday spirit
69 % Say there are sidewalks
54 % Say it's quiet
50 % Say kids play outside
47 % Say they plan to stay for at least 5 years
46 % Say streets are well-lit
45 % Say neighbors are friendly
45 % Say there's wildlife
43 % Say people would walk alone at night
43 % Say it's walkable to restaurants
36 % Say it's walkable to grocery stores
21 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 655 E Williams St
Off Market Homes Near 655 E Williams St
Explore by feature
655 E Williams St, Banning, CA 92220 is a 16 bedroom, 9 bathroom, 6,950 sqft multi-family built in 1951. This property is not currently available for sale. 655 E Williams St was last sold on Jul 7, 2025 for $1,375,000 (7% lower than the asking price of $1,475,000).