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Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Sylvan Acres
MLS Listing ID EV24067902
Sold Date 08/05/24
Bedrooms 5
Full Baths 3
Construction Status Additions/Alterations,Fixer,Updated/Remodeled
HOA Y/N No
Year Built 1950
Lot Size 6,969 Sqft
Property Description
Investor special Duplex with two detached houses on a corner lot featuring 5BR/2.5BA. There have been recent updates to the main house kitchen, new laminate flooring and newer roofs; all subject to Buyer inspection. Each unit has its own Gas/Electric Meter and share Water utility. The rear unit has a one car garage. This is currently a rental property with month-to-month tenants. Conveniently located just a short drive from the I-10 Freeway in the San Gorgonio Pass, Banning is the fastest growing City in California with nearby shopping at the Desert Premium Outlets Cabazon and ample entertainment in the Coachella Valley. Across the street from Sylvan Park - playground, picnic area, basketball court and baseball field. Great upside potential in rental income for investor-buyer!
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning R1
Rooms
Main Level Bedrooms 5
Ensuite Laundry Inside
Interior
Interior Features All Bedrooms Down
Laundry Location Inside
Heating Wall Furnace
Cooling Evaporative Cooling, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Gravel, On Street
Fence None
Pool None
Community Features Street Lights, Park
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
View Y/N Yes
View Park/Greenbelt, Mountain(s)
Roof Type Shingle
Porch Porch
Parking Type Gravel, On Street
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Near Park, Street Level, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Additions/Alterations,Fixer,Updated/Remodeled
Schools
School District Banning Unified
Others
Senior Community No
Tax ID 538031020
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Submit, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Submit, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Dolce Ibarra • Century 21 Masters