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740 Bennett Place, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath

740 Bennett Place, Banning, California 92220 home-pic-0
ACTIVE$395,000
740 Bennett Place, Banning, California 92220
3Beds
2Baths
1,455Sqft
8,712Lot
Year Built
1952
Close
-
List price
$395K
Original List price
$425K
Price/Sqft
$271
HOA
-
Days on market
-
Sold On
-
MLS number
IV25060622
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 64% below the list price. We found 3 Cons,6 Pros. Rank: price - $395.0K(31th), sqft - 1455(27th), beds - 3(50th), baths - 2(50th).

On a quiet cul-de-sac, this inviting 3-bedroom, 2-bathroom home offers comfort, convenience, and room to grow. The open floor plan features laminate flooring throughout, creating a seamless flow from room to room. Large windows bring in abundant natural light, while ceiling fans in each bedroom provide year-round comfort. A unique highlight of this property is the small lot to the right—perfect for an addition, extra parking, or a private outdoor retreat. Conveniently located near the 10 Freeway, schools, parks, and a variety of dining options, this home is ideal for those seeking accessibility and a welcoming neighborhood. Don't miss this fantastic opportunity—schedule your showing today!

Condition Rating
Poor
The property was built in 1952, making it 72 years old. While some cosmetic updates like laminate flooring, ceiling fans, and recessed lighting are present, the kitchen and bathrooms appear significantly outdated, likely from a renovation 30-50 years ago or even older. The kitchen features older white cabinets, white tile countertops, and dated appliances. The bathrooms also have older tile, vanities, and fixtures. These critical areas would require substantial rehabilitation and investment to meet current quality standards, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1455.
Prime Location: Situated on a quiet cul-de-sac and conveniently located near the 10 Freeway, schools, parks, and dining, offering excellent accessibility and a desirable neighborhood setting.
Development Potential: Includes an additional small lot, providing significant opportunities for expansion, extra parking, or creating a private outdoor oasis, enhancing future value.
Open & Bright Interior: Features an open floor plan with laminate flooring throughout and large windows, ensuring abundant natural light and a seamless, modern living experience.
Mountain Views: The property boasts desirable mountain views, adding aesthetic appeal and a pleasant backdrop to the home.
Competitive Pricing: The list price has been reduced from $425,000 to $395,000, indicating a more competitive offering and potential value for buyers in the current market.

Cons

Age of Property: Built in 1952, the home is older, which may suggest potential for outdated systems (e.g., plumbing, electrical) or the need for future maintenance and upgrades not explicitly mentioned.
Lack of Central Cooling System: While ceiling fans are mentioned for comfort, the description does not specify a central air conditioning system, which could be a significant drawback in Banning's warm climate.
Laminate Flooring: While providing a seamless look, laminate flooring may not appeal to all buyers seeking higher-end finishes like hardwood or tile, potentially impacting long-term value perception.

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