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.
Sold for $950,000 on 07/25/25
Listing Provided by:
Douglas McCauley DRE #01155706 626-695-6776,
MARCUS & MILLICHAP,
David Covarrubias DRE #01941403,
MARCUS & MILLICHAP
$950,000
125 N Phillips St, Banning, CA 92220
14beds
16baths
2,682sqft
Mixed Use
Built in 1947
-- sqft lot
$950,600 Zestimate®
$354/sqft
$1,913 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 11:42am
Listing Provided by:
Douglas McCauley DRE #01155706 626-695-6776,
MARCUS & MILLICHAP,
David Covarrubias DRE #01941403,
MARCUS & MILLICHAP
Bought with:
David Covarrubias, DRE #01941403
MARCUS & MILLICHAP
Douglas McCauley, DRE #01155706
MARCUS & MILLICHAP
Source: CRMLS,MLS#: CV25086830
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 16
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,682
- Total interior livable area: 2,682 sqft
Property
Parking
- Total spaces: 16
Features
- Levels: One
- Stories: 1
- Entry location: Drive By
- Pool features: None
Lot
- Size: 1.40 Acres
- Features: Lot Over 40000 Sqft, Rectangular Lot
Details
- Parcel number: 541161012
- Zoning: CM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Banning
- Subdivision: Solera (Slra)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Owner Will Carry
Services availability
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Estimated market value
$950,600