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640 W Nicolet, Banning
$124,900
OC26007699 MLS
Investor/Developer Opportunity – R3 Land in Opportunity Zone for 16-Unit Multi-Family Project in rapidly growing Banning. The site allows for the construction of a 16-unit apartment complex, perfectly positioned to capitalize on the city’s strong rental demand and limited multi-family inventory. Banning’s rental market has continued to strengthen, driven by population and job growth as well as proximity to major job centers in Beaumont, Palm Springs, and the Inland Empire. With Interstate 10 access minutes away, this parcel offers excellent commuter connectivity and long-term investment security. Pro Forma & Investor Highlights: Entitled for 16 units – conservative market rents projected at $2,000–$2,400 per unit/month Annual Gross Potential Income: $384,000–$422,400 Estimated Expense Ratio: 20–30% ($76,800–$126,000 annually) Net Operating Income (NOI): $268,000–$346,000 Cap Rate Valuation: At a conservative 6–8% cap rate, the completed project could be valued between $4.4M–$5.7M Flat, buildable parcel ideal for cost-efficient construction Excellent location near schools, shopping, parks, and new retail development Banning remains one of Southern California’s most promising emerging markets, with a shortage of quality rental housing and steady population growth. Whether you build to hold for strong cash flow or sell upon stabilization, this property offers significant upside potential. Don’t miss this rare development opportunity – pro forma numbers support strong returns with multiple exit strategies.

640 W Nicolet, Banning

Listing courtesy of Listing Agent: Mikaela Nguyen (mikaela@hmrealtysocal.com) from Listing Office: H & M Realty Group.

381 S Henning Way, Anaheim
$4,500,000
6 Beds ⋅ 7 Baths ⋅ PW25278410 MLS
In 1991 this beautifully designed house was built and in June of 2021 was purcchased and redesigned on the inside to complement the outwardly appearance with a modern funtional touches throughout the inside. Entering from the newer Fleetwood front door you are taken back at the sight of hardwood flooring throughout downstairs. Newer frameless glass railing on the staircase. Livingroom has a newer Marble Threshhold fireplace with a small office space facing out to a well maintaned green landscape. Moving down the hallway a Glassed door walk in Pantry on your right and a Glass Wine room on your left. Entering the Kitchen area a built in Miele Coffee Maker, Decor double Oven, Six burner Decor stove range with Decor Vent Hood and a matching Neolith backsplash, Two Decor touch opening refrigerators and one seprate Decor Freezer as well as a Decor Ice Maker. Extra large Full slab Marble center Island. A fleetwood folding door leading to the outside pool area. Copper ceiling with recessed Led lighting in kitchen and family room. Surround Sound and Camers system throughout the house including an underwater camera for your fish tank to see your fist while away from home. Sliding Fleetwood doors to access the pool area for entertaining your guest. Access to outside pool through pool bath with shower. A complete new roof was installed aproximatly 3 years ago. Full laundry room with two washers and dryers. Auto mechanic will love spacious four car garage. Also RV parking, Ski Boat, Jet Skies storage available. Brand New Pool and equipment being installed. And much more....

381 S Henning Way, Anaheim

Listing courtesy of Listing Agent: William Holden (billholden@firstteam.com) from Listing Office: First Team Real Estate.

1025 Aquino Circle, Corona
$2,390,000
5 Beds ⋅ 4 Baths ⋅ WS25185562 MLS
Welcome to this beautiful Hill Top Estate Home in Corona, with 4.2 acres of Privacy and spacious distance between other estate homes. This Single story home has Panoramic View of the city lights and surrounding mountains. This unique property consists of 2 houses on the same lot. The main house is 2920 sqft, 4 bedrooms, 3 baths. The second is a 609 sqft guest house with 1 bedroom, 1 bath, and full kitchen, which is ideal for small family or private office plus another two garages have been converted to two bedrooms. Newer carpet in the main house and newer floor in guest house. Quiet Cul-de-sac location with long private driveway. Main house features granite counter tops, crown molding, stainless steel appliances, vaulted and high ceilings, recessed lighting, and custom paint. The landscaped backyard has a large pool and spa, built in BBQ, fire-pit, and plenty of room for entertainment, night security lights. Skylights throughout the house. Enough room for RV and boat. Plenty of parking. Very few homes in Corona have the privacy and elegance like this one. Close to schools, parks, shopping, and easy freeway access.

1025 Aquino Circle, Corona

Listing courtesy of Listing Agent: DIANA LUO (dlsunny@gmail.com) from Listing Office: AMDJ Realty, Inc..

14250 Howe Place, Beaumont
$675,000
3 Beds ⋅ 2 Baths ⋅ IG25062865 MLS
This slice of the country awaits the buyer that is looking for space to spread out and evenings for enjoying the city lights. Located on a knoll with access via a private drive, this home overlooks the meadows below, the city in the distance and the large mountain peaks. With 1.43 acres there is room for horses, orchards, parking and more. The home features 3 bedrooms, 2 baths, a big living space plus a bonus room that could have many possibilities: A game room, hobby room, exercise or play room. The kitchen is spacious with room for an island and the dining area enjoys the view. There is a 2 car detached garage with a finished office and a large storage shed. The home has new exterior paint, fenced and there is plenty of room around the home for a pool, play yard or a parking structure. This terrific location is rural, great for horses, orchard, vineyard and more, yet close to shopping and easy access to the freeway. A jewel like this does not come around very often so bring your style and creativity and make this your home.

14250 Howe Place, Beaumont

Listing courtesy of Listing Agent: Lavonne Webb (LaVonneCWebb@gmail.com) from Listing Office: RE/MAX ADVANTAGE.

1426 Minnie Street, Santa Ana
$4,720,000
AR24144156 MLS
Great cashflow! Current actual income is $440,081.16. Current actual CAP Rate is 6.91%. Market rent is $508,8000. Market CAP Rate is 8.24%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, 2 on-site laundry rooms, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer.

1426 Minnie Street, Santa Ana

Listing courtesy of Listing Agent: Benjamin Lin (cbbenlin@hotmail.com) from Listing Office: 1000 Realty Corporation.

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