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Listed by Douglas McCauley • MARCUS & MILLICHAP
$1,120,000
Est. payment /mo
2,682 SqFt
Active
125 North Phillips Street Banning, CA 92220
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Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,682 sqft
Price per Sqft $417
Subdivision Solera
MLS Listing ID CV-25086830
Year Built 1947
Lot Size 1.400 Acres
Property Sub-Type Commercial/Residential
Property Description
Mountain View Mobile Home Park, a value-add investment opportunity located at 125 North Phillips Street in the growing city of Banning, California. Situated on a 1.40-acre parcel, this all-age community offers a diverse mix of 11 mobile home spaces, 3 cottage-style apartment units, and a two-story apartment building with two one-bedroom/one-bathroom units. The northern portion of the property remains underutilized, presenting significant potential for redevelopment or expansion (buyer to verify zoning and development options). With its unique combination of residential units and underused land, Mountain View MHP offers investors the opportunity to capitalize on Banning's evolving real estate market and unlock future growth and value. 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 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.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning CM
Interior
Heating None
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Street Lights
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot
Sewer Other, Public Sewer