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 ****
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
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#: 24-2622

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