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  • $2,750,000

    2390 Banner Ave, Summerland, CA 93067

    14beds
    9baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $3,284,400 Zestimate®
    $--/sqft
    $4,931 Estimated rent

    Home value

    $3,284,400

    $2.86M - $3.88M

    $4,931/mo

    Zestimate® history
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    $4,931/mo

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    $17,140/mo

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    $17,140/mo

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    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:

    Listing updated:

    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
    • Bedrooms: 14
    • Bathrooms: 9
    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 & HOA

    Community
    • Subdivision: 05 - Summerland
    Location
    • Region: Summerland

    Financial & listing details

    • Date on market: 8/8/2024
    • Cumulative days on market: 13 days
    • Listing terms: Cash,Ctnl
    • Total actual rent: 15860

    Price history

    DateEventPrice
    9/26/2024Sold$2,750,000-8.3%
    Source: SBMLS #24-2622 Report a problem
    8/20/2024Pending sale$3,000,000
    Source: SBMLS #24-2622 Report a problem
    8/8/2024Listed for sale$3,000,000
    Source: SBMLS #24-2622 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93067

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Summerland
    • Middle: Carp. Jr.
    • High: Carp. Sr.

    Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.