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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.

5900 Colorado River Unit 5, Blythe
$68,000
2 Beds ⋅ 2 Baths ⋅ SW26176594 MLS
Enjoy Colorado River living with this riverfront 2-bedroom, 2-bath mobile home located in the gated River Oasis community. Designed as the perfect weekend and vacation getaway, this home offers incredible river and mountain views, including a large picture window in the living room that showcases the Colorado River right from inside the home. Inside, the open living, dining, and kitchen areas provide plenty of space to gather after a day on the water. The primary bedroom features a king-size bed and private bath with a walk-in shower, while the second bedroom offers a queen bed with a full-size bunk above and access to a second full bathroom with a tub/shower combination. A queen sleeper sofa provides additional sleeping space, making the home well suited for weekends spent with family and friends. The home also offers plenty of storage throughout and is being sold with many of the furnishings included. Outside, enjoy a covered attached carport with concrete parking, exterior storage shed with metal shelving, BBQ, and additional attached improvements. A freshwater tank and pump system are also included. Central A/C and heat provide year-round comfort, with the A/C fan/motor recently replaced. River Oasis is a weekend and vacation recreational community, and prospective buyers are subject to park approval, lease requirements, and park rules and regulations. This is a great opportunity to have your own place on the Colorado River and arrive ready to enjoy the water, views, and desert lifestyle.

5900 Colorado River Unit 5, Blythe

Listing courtesy of Listing Agent: Mia Lloyd (mia@jonathansmith.realtor) from Listing Office: Blythe Realty.

251 S Colorado River Road Unit 47, Blythe
$49,000
2 Beds ⋅ 2 Baths ⋅ SW26132845 MLS
Welcome to Blythe Marina Estates, a highly desirable community celebrated for its breathtaking Colorado River views and natural beauty. This spacious 2- bedroom, 2-bath mobile home offers 1,368 sq. ft. of comfortable living space—ready for you to make your own. Inside, you’ll find a generous living room and a flexible floor plan with room for two dining area. The well-sized kitchen provides plenty of workspace and storage. Both bedrooms are comfortably proportioned, with the primary suite featuring an expansive vanity area perfect for getting ready. One bathroom includes a shower/tub combo, while the other features a convenient walk-in shower. A hallway laundry area adds easy everyday functionality. Blythe Marina Estates residents enjoy access to a clubhouse, swimming pool, and beautifully maintained common areas, all just steps from Quechan Park, ideal for launching your river toys or spending a weekend outdoors. Whether you’re into boating, fishing, hiking, or simply soaking in the scenery, this home places you in the heart of it all. Schedule your tour today and experience riverfront living at its best!

251 S Colorado River Road Unit 47, Blythe

Listing courtesy of Listing Agent: Catherine Garcia (Catherine@BlytheRealty.com) from Listing Office: Blythe Realty.

2009 Sunset Avenue, Thermal
$24,999
AR26226152 MLS
This 0.32-acre vacant lot in Salton City offers plenty of space and potential in a quiet desert setting. The property features mostly level terrain with paved road frontage and is situated in an established neighborhood with nearby homes. Public utilities are in the area, offering convenient options for future development, subject to connection availability. Located just minutes from Highway 86, the property provides easy access to local shopping, dining, and everyday conveniences. The surrounding area is known for its wide-open desert landscapes, off-road recreation, and proximity to the Salton Sea and Anza-Borrego Desert State Park. Whether you're considering a future homesite or looking to add land to your investment portfolio, this property offers an affordable opportunity in Southern California. Listing is for land only and comes As Is.

2009 Sunset Avenue, Thermal

Listing courtesy of Listing Agent: Joel Hinckley (brokerplatlabs@gmail.com) from Listing Office: PlatLabs, Inc..

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