3115 Banning Avenue, Lynwood, CA 90262

$1,790,000
List Price
$1,790,000
Status
ACTIVE
MLS#
P1-7473
Year Built
2001
Lot Size
12,135
Acres
0.28
Days on Market
25
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels
Neighborhood
Other

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.

Additional Information

Appliances
Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Microwave
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Zoned
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$125,040
Operating Expense
12410

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Powai Wong from Coldwell Banker Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.