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3115 Banning Avenue

Lynwood, CA 90262
  • $1,790,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: P1-7473
UPDATED: 43 min ago
$1,790,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2001
County:

School Ratings & Info

Listing provided courtesy of Powai Wong of Coldwell Banker Realty

Description

Totally remodel 5 units in nice highly desirable neighborhood of Lynwood for sales. Property built in 2001 has 5 big units with total 5656 square foot, 11 bedrooms and 11 bathrooms, with $10300 monthly income. There are anther two separate buildings with eight garages. Each unit has at least 1000 square foot, master bedrooms, formal dining area and two assigned parking. One of the units is town-house style with two levels, 3 bedrooms and 3 bathrooms. The property is remodel with new floors, new blinds, new paints and new a/c. Three units have great views and private yards. Well-maintained good condition property is serviced by individual water heaters. The property offers an on-site coin-operated laundry facility that is extra income. Property is gated and has a security camera system. Tenants all pay rent on time and never late. Very low expense and maintenance. Convenient location close to 105, 710 and 605 FWY. The lot is R3 zoning and has 12,135 square footage.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T20:29:29.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123277837
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3115 Banning Avenue Lynwood, CA 90262

  • Price: $1,790,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 43 min ago
  • ID#: P1-7473
0
Beds
0
Baths
0
½ Baths
0.28
Acres
2001
Built
Neighborhood:
Other
County:
Los Angeles
Area:
102 - South Inglewood
Property Description
Totally remodel 5 units in nice highly desirable neighborhood of Lynwood for sales. Property built in 2001 has 5 big units with total 5656 square foot, 11 bedrooms and 11 bathrooms, with $10300 monthly income. There are anther two separate buildings with eight garages. Each unit has at least 1000 square foot, master bedrooms, formal dining area and two assigned parking. One of the units is town-house style with two levels, 3 bedrooms and 3 bathrooms. The property is remodel with new floors, new blinds, new paints and new a/c. Three units have great views and private yards. Well-maintained good condition property is serviced by individual water heaters. The property offers an on-site coin-operated laundry facility that is extra income. Property is gated and has a security camera system. Tenants all pay rent on time and never late. Very low expense and maintenance. Convenient location close to 105, 710 and 605 FWY. The lot is R3 zoning and has 12,135 square footage.
Exterior Features

Carport Spaces 2 Carport YN Yes Fencing BrickPrivacySecurityWrought Iron Number Of Separate Electric Meters 5 Parking Features AssignedCarportGarageGatedSide By Side Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View YN Yes

Interior Features

Appliances DishwasherFree-Standing RangeGas RangeGas Water HeaterMicrowave Common Walls 1 Common Wall Cooling Zoned Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Central Heating YN Yes Interior Features Walk-In Closet(S)

Property Features

Additional Parcels YN No Association Fee 0 Community Features Urban Electric Expense 450 Exclusions All Tenants Belongs Fuel Expense 1320 Garage YN Yes Gross Income 125040 Gross Scheduled Income 125040 Inclusions All StovesDishwashersKitchen Hoods With MicrowavesCoin Operated Washer And Dryer. Insurance Expense 2700 Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalSubmit Net Operating Income 112630 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 12410 Property Sub Type Mixed Use Rent Control YN No Security Features Security System Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2300 Water Sewer Expense 4200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T20:29:29.01. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Powai Wong of Coldwell Banker Realty