21 SFR LOTS

BANNING, CA

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LOCATION: Property is located on the northeast corner of Alessandro Road and Hoffer Street in the City of Banning. From the 10 Freeway, take the 8th Street exit and head north on 8th Street. Turn right (east) on Wilson Street, then turn left (north) on Alessandro Road. TG 722-B-2.
APN/SIZE: 534-172-002 = 3.88 acres and 534-172-004 = 1.12 acres.
ZONE: City of Banning Low Density Residential. The property has an approved Tentative Tract Map #31417 for 21 single family lots  BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE.
UTILITIES: All available at the site.
MISC: Property is in a strong location in east Banning, less than 1 mile from the 10 Freeway, and 4.5 miles from Morongo Casino Resort.

The lots range from approximately 7,500 sq. ft. to 10,000 sq. ft. New homes in the area are selling between $200,000 and $300,000, or $125 to $175 per sq. ft.

Additional information is available upon request, including tentative tract map details and market analysis.

PRICE: $775,000.
CONTACT: Adam Corleto - (818) 787-3077 for additional information.

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KOREK LAND COMPANY, INC.

14545 Erwin St., Van Nuys, CA 91411

Telephone:  (818) 787-3077; Fax:  (818) 787-9677

E-mail:  mail@korekland.com