57 N Ann Street

Ventura, CA 93001

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 16500
    Sqft(Lot)
$5,195,000

Description

Rare opportunity to acquire midsize apartment building in beautiful downtown ventura 1 block north of main street. 57 northann street, comprised of (20) 1bd units, features a central secure front door entry leading to 3 stories accessed by elevatorwith partial ocean views from the 2nd and 3rd floors. potential to add additional unit by converting unused community room(approximately 350 sf with kitchen) on first floor. there are 10 tuck-under carport spaces that may offer adu conversionpotential for additional units plus 3 uncovered parking spaces at rear. owner pays water/sewer, trash and hot water whiletenants pay their own electricity and gas. there are 2 coin-operated laundry rooms. current rental rates are below marketoffering excellent upside opportunity for the astute investor. location does not get much better with tenants being able to walkto shopping, eating, dining and entertainment options on main street along with parks, schools, beaches.**5.0% cap rate, 12.2 grm on current rents w/ rental rate upside subject to ab1482**

  • Property Type

    Residential Income

  • County

    Ventura

  • Style

    Residential Income

  • AD ID

    46881533

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Interior Features: Elevator
    • Property Appliances: Gas Oven
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1972

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3788
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 16500

  • Listing Price Information

    • Original List Price: 5,195,000
    • Listing Contract Date: 2024-09-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 0730057035

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: VTU - Ventura
    • Directions: 1 block off Main Street
    • Source Property Type: Residential Income
    • Area: VTU - Ventura

    Building and Construction

    • Property Age: 52
    • Common Walls: No Common Walls
    • Year Built Source: Assessor
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/05/2024 @ 14:49

  • MLS: V1-25646
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 0 sqft, 16,500 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Ventura , in zip code 93001, this Ventura County Home are nearby neighborhoods.