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 Moro
MLS #
CRCV25086830
MLS Source
California Regional MLS
Laundry
None
Garage/Parking
Garage: 0 Car(s)
Listing Agent
Douglas McCauley
MARCUS & MILLICHAP
License #: 01155706
Phone: (909) 456-3493
Co-Listing Agent
David Covarrubias
License #: 01941403
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | – | – |
125 N Phillips St is a Residential Income in Banning, CA 92220. This – square foot property sits on a 60,984 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in 1947. This address can also be written as 125 N Phillips St, Banning, CA 92220.
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This listing information is up-to-date as of July 25, 2025. For the most current information, please contact Douglas McCauley, (909) 456-3493