125 N Phillips Street, Banning, CA 92220 - Berkshire Hathaway HomeServices California Properties
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125 N Phillips Street, Banning, CA 92220

$998,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Douglas McCauley | doug.mccauley@marcusmillichap.com
Lic#: 01155706
Broker: Courtesy of MARCUS & MILLICHAP

Co Listing Agent


David Covarrubias | david.covarrubias@marcusmillichap.com
Lic#: 01941403
Broker: Courtesy of MARCUS & MILLICHAP

Agent Remarks

SELLER FINANCING with 45% down payment, payable at 5% interest only, due in five years. 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 studio 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.

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Pending
MLS# CV25086830
List price is $998,000 Reduced by $122,000 on 6/4/2025
Price: $998,000
Beds: 0
Baths: 0
Built in 1947
1 story
1.40 acres
Lot size: 1.4000
Subdivision: Solera (SLRA)
County: Riverside
Zoning: CM
Lot description: Lot Over 40000 Sqft,Rectangular Lot
MLS area: 263 - Banning/Beaumont/Cherry Valley

Last Updated: 7/9/2025

 Days On Market (DOM): 49

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This listing belongs to the 263 - Banning/Beaumont/Cherry Valley MLS area

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Lat/Long: 33.926497, -116.865171.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
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