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1425 West Hays, Banning, CA 92220

$480K3bd · 2ba · 1,204 sqft
Lot 11,761 sqft•Single Family Residence•
Active
•51d on market•MLS# IV-26185083

Property Description

Great opportunity for investors, multigenerational families, or buyers looking for additional income potential! This property features a 2-bedroom, 1-bathroom main home plus a separate studio, situated on a large lot with plenty of room to explore future possibilities, including the potential for an additional ADU. The main home offers a practical layout with comfortable living space, while the studio provides added flexibility for a guest suite, home office, extended family, or rental income. The expansive lot creates an exciting opportunity for buyers looking to add value and maximize the property’s potential, subject to city and county approvals. Whether you're an investor seeking multiple living spaces and future development potential or a family looking for room to grow, this property offers versatility and opportunity in Banning. Highlights: 2-bedroom, 1-bathroom main home Separate studio Large lot Potential for an additional ADU, buyer to verify with the appropriate agencies Multiple living-space possibilities Great opportunity for investors or family buyers Room to add value and personalize Bring your vision and take advantage of the possibilities this unique Banning property has to offer!

Features & Amenities

FeeBuilt 1953

Property Details

Land Type
Fee
Year Built
1953
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air, Wall/Window Unit(s)
View
Mountain(s)
City
Banning
Zip Code
92220
County
Riverside
Listed byHASKELL REAL ESTATE INC., CIERRA ORNELAS

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,427.14
Principal & Interest
Loan Amount
$384,000
Total Interest
$489,771
Total Payment Over 30 Years
$873,771
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1425 West Hays, Banning, CA 92220

Banning · Single Family Residence

$480K
Affordable Tier
Beds
3
Baths
2
Sqft
1,204
Lot
11,761 sqft
Year
1953
$/Sqft
$399
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed 21.5% above the median closed sale of $395,000. Price per sqft ($399) is a 21% premium to closed comps ($331).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $480K· $399/sqft
Total list price
Closed comps
vs closed median $395K
+$85K (+21.5%)
Active comps
vs active median $380K
+$100K (+26.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $328
+$71 (+21.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
735 Wilson StreetBanning1953311,1987,841$351$419,9995590
45785 CoyoteBanning1981321,2399,583$307$380,0005288
670 Preferred LaneBanning1979321,04411,326$431$450,0005386
1291 Cypress PointBanning1995321,2544,356$278$349,0005184
625 ShinecockBanning1988321,2476,534$272$339,00018783
Total: 5 · Average3.01.81,196.47,928$327.8$387,599.879.6
Median1,239$380,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
18839 Deer TrailBanning194810/05/2026321,39217,424$424,800$425,000$3051.0016690
415 Indian SchoolBanning195509/21/2026329889,583$395,000$390,000$3950.997285
292 George StreetBanning192208/25/2026311,17011,326$395,000$395,000$3381.005384
768 Moonlight Ct.Banning200408/18/2026321,2894,792$359,000$355,000$2750.996683
1268 Sycamore CourtBanning200408/17/2026321,41510,454$484,900$485,000$3431.004183
Total: 5 · Average3.01.81,250.810,715.8$410,000$410,000$331.2—79.6
Median1,289$395,000$395,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.