$739,000
$749,900
1.5%For more information regarding the value of a property, please contact us for a free consultation.
9,657 Sqft Lot
SOLD DATE : 08/22/2023
Key Details
Sold Price $739,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision ,Unk
MLS Listing ID CV23134394
Sold Date 08/22/23
HOA Y/N No
Year Built 1980
Lot Size 9,657 Sqft
Property Description
INVESTMENT OPPORTUNITY KNOCKS!!!.... Well maintained single story building, 5 one bedroom apartments. recently painted outside. Nice location in the city of Banning, just two minutes from 10 freeway. Close to entertainment like Cabazon Resort and Casino. All residents with very long tenancy and never late with rent payment. All on a month to month Contracts. Individual gas and electric meters for each unit, One water meter for the whole building, water paid by landlord as well as trash service, very low maintenance.
Tile floor in all kitchens. tile on bathrooms floors and walls except for one with fiberglass walls. carpets on all bedrooms,
Rents are low due to length of tenancy, No rent control area.
DRIVE BY ONLY, DO NOT DISTURB TENANTS, FOLLOW SHOWING INSTRUCTIONS.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Interior
Interior Features Laminate Counters, All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range, Range Hood
Laundry None
Exterior
Parking Features Assigned
Carport Spaces 6
Fence Chain Link, Wood
Pool None
Community Features Foothills
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Private Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 538150024
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard, Trust
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Bought with General NONMEMBER • NONMEMBER MRML