Description
This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. while the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. the financial metrics offered based on the asking pricing is a 13.9 grm and a 4.6% cap rate. along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.
Property Type
Residential IncomeCounty
VenturaStyle
Residential IncomeAD ID
47615908
Sell a home like this and save $125,501 Find Out How
Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1973
Pool Features
- None
Laundry Features
- Laundry Room
Fencing
- Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.18
- Lot Size Source: Public Records
- Lot Size Square Feet: 7840
-
Listing Information
Listing Price Information
- Original List Price: 2,100,000
- Listing Contract Date: 2024-11-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 1350172020
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: Johnson to Bristol, located between Peacock and Waxwing Avenue
- Source Property Type: Residential Income
Building and Construction
- Property Age: 51
- Common Walls: No Common Walls
- Year Built Source: Public Records
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 11/21/2024 @ 16:02
- MLS: V1-26685
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 7,840 sized lot, and 7 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 93003, this Ventura County Home , it is in the County Square Villas 5 - 2955 Subdivision, are nearby neighborhoods.