Lynwood, CA 90262,3115 BANNING AVE
Lynwood, CA 90262,3115 BANNING AVE
Lynwood, CA 90262,3115 BANNING AVE
Lynwood, CA 90262,3115 BANNING AVE
Lynwood, CA 90262,3115 BANNING AVE
Lynwood, CA 90262,3115 BANNING AVE
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$1,300,000

$1,400,000

7.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/04/2019

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 19507536

Sold Date 12/04/19

HOA Y/N No

Year Built 2001

Property Description

3115 Banning Avenue is a two-story, 5-unit property. Constructed in 2001, the property sits on a 12,135 square foot LYR3 lot, with a total building size of 5,656 square feet. The well-maintained property is separately metered for gas and electric, serviced by individual water heaters, and has galvanized plumbing throughout. The property offers an on-site laundry facility with washer and dryer hookups, eight garage parking spaces, and a security camera system. 3115 Banning Avenue offers an investor the rare opportunity to immediately increase rental income. The property will be delivered 100% vacant, allowing an investor to secure market rents.

Location

State CA

County Los Angeles

Area Rm - Lynwood

Zoning LYR3*

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher

Building

Story 2

Others

Senior Community No

Tax ID 6168015018

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by James Brechlin • CB Richard Ellis, Inc.
Bought with Powai Wong • Coldwell Banker Residential Brokerage Company
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6201 E Bayshore Walk, Beach, CA, 90804, USA

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