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3138 W Nicolet Street, Banning, California 92220, Banning, 92220 - 3 bed, 1 bath

3138 W Nicolet Street, Banning, California 92220 home-pic-0
ACTIVE$440,000
3138 W Nicolet Street, Banning, California 92220
3Beds
1Bath
936Sqft
7,841Lot
Year Built
1959
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
DW25168197
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $440.0K(46th), sqft - 936(6th), beds - 3(50th), baths - 1(8th).

Charming 3-Bedroom Home with ADU Potential in Beautiful Banning! Welcome to this inviting 3-bedroom, 1-bath home located in the heart of the picturesque city of Banning. Nestled on a spacious lot, this property offers not only comfortable living space but also the exciting potential for an Accessory Dwelling Unit (ADU) – perfect for extra income, a guest house, or multi-generational living. Inside, you'll find a bright and functional layout with ample natural light and cozy living areas. The generous backyard provides plenty of room for entertaining, gardening, or future expansion. With its prime location close to local schools, parks, shopping, and freeway access, this home offers both convenience and opportunity. Whether you're a first-time buyer or someone looking to create your dream space, this property is a must-see! THE BUYER HAS TO DO THEIR DUE DILIGENCE, AND THE PROPERTY IS SOLD AS IS WITH NO WARRANTY FROM THE SELLER OR THE AGENT. Info deemed reliable although not guaranteed. Any num. statements dimensions and/or lot size are APPROXIMATIONS and have not been verified by the seller or broker. The buyer is advised to investigate the condition and suitability of all aspects of the property.

Price History

Date
Event
Price
07/25/25
$440,000
Condition Rating
Poor
Built in 1959, this property is 65 years old and shows significant signs of age and deferred maintenance. The bathroom features a very dated tile countertop and basic fixtures, suggesting a renovation from 30+ years ago or original condition. The visible window AC unit indicates a lack of central air conditioning, a major system deficiency. The absence of kitchen photos strongly implies it is also very dated or in poor condition. The 'AS IS' sale further suggests the need for substantial repairs and rehabilitation, including likely full kitchen and bathroom renovations and the installation of a modern HVAC system, to bring it to a comfortable and contemporary standard.
Pros & Cons

Pros

ADU Potential: The property offers significant Accessory Dwelling Unit (ADU) potential, providing opportunities for rental income, guest accommodation, or multi-generational living.
Generous Lot Size: Situated on a spacious 7,841 sqft lot, allowing for ample outdoor living, gardening, future expansion, or entertaining.
Convenient Location: Boasts a prime location with easy access to local schools, parks, shopping centers, and major freeways, enhancing daily convenience.
Natural Light & Functional Layout: Features a bright and functional interior layout with abundant natural light, creating a welcoming and comfortable living environment.
Mountain Views: Benefits from desirable mountain views, adding aesthetic appeal and a serene backdrop to the property.

Cons

Sold As-Is Condition: The property is explicitly sold in 'as-is' condition, requiring buyers to conduct thorough due diligence and potentially budget for necessary repairs or upgrades.
Single Bathroom: With only one bathroom for three bedrooms, this may present practical challenges for families or multiple occupants, potentially limiting buyer appeal.
Compact Interior Space: At 936 sqft, the interior living space is relatively compact for a 3-bedroom home, which might feel restrictive for some buyers seeking more expansive living areas.

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