Investment Overview

Marcus & Millichap is pleased to exclusively present 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 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. Banning, California, located in Riverside County, offers a compelling landscape for real estate investors due to its strategic location, steady growth, and pro-investment climate. 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. Banning has experienced consistent population growth over the past decade, increasing demand for housing and rental properties. On the commercial side, the city has attracted major industrial developments, including the acquisition of a million-square-foot warehouse, signaling a strong and expanding industrial and logistics market. With a growing population, ongoing infrastructure investment, and diverse real estate opportunities—from multifamily and single-family housing to retail, office, and industrial sectors—Banning represents a dynamic and evolving market. Investors stand to benefit from the city’s upward trajectory, business-friendly environment, and strategic positioning within Southern California.