$1,300,000
$1,400,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Powai Wong • Coldwell Banker Residential Brokerage Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "