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Sold for $2,750,000 on 09/26/24
  • $2,750,000

    2390 Banner Ave, Summerland, CA 93067

    --beds
    0baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $2,786,300 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    Discover an exceptional 9-unit property in the highly sought-after coastal zone of Summerland, offering an unparalleled investment opportunity with stunning south-facing ocean views from every unit. This distinctive property includes: Six Spacious Two-Bedroom, One-Bath Units: Each featuring open floor plans that maximize natural light and breathtaking ocean vistas with decks for entertaining. Two Charming One-Bedroom Units: Both with delightful private patios, perfect for relaxing and enjoying the serene surroundings. One Cozy Studio: Complete with its own private patio, adding to the property's diverse living options. Residents and guests will appreciate the ample parking provided by 13 uncovered spaces, and the shared common laundry area enhances convenience. Centrally located, this property is just a short stroll from downtown Summerland's vibrant restaurants, boutique shops, and the pristine Summerland Beach. This investment opportunity boasts incredible upside potential and will be delivered with tenants in place, ensuring immediate rental income. Don't miss out on owning a prime piece of coastal real estate with unrivaled ocean views and an exceptional location in Summerland. **** PLEASE DO NOT GO ON PROPERTY WITHOUT AN APPOINTMENT ****

    Zillow last checked: 7 hours ago

    Listing updated: September 26, 2024 at 03:30pm

    Listed by:

    Grubb Campbell Group 01236143 / 01410304 805-565-8879,

    Village Properties,

    Brittany A Lough 01905525 805-455-5736,

    Village Properties - 1

    Bought with:

    Kristi Curtis, 02012866

    Sotheby's International Realty

    Source: SBMLS,MLS#: 24-2622MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other
    Appliances
    • Laundry: Laundry Room
    Features
    • Flooring: Carpet, Other, Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 13
    • Uncovered spaces: 13
    Lot
    • Size: 0.28 Acres
    • Features: Near Public Transit
    Details
    • Parcel number: 005149010
    • Zoning: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Mixed, Raised
    Condition
    • Average

    Community & neighborhood

    Location
    • Region: Summerland
    • Subdivision: 05 - Summerland

    HOA & financial

    Other financial information
    • Total actual rent: 15860

    Other

    Other facts
    • Listing terms: Cash,Ctnl
    Services availability