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
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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
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BuyOwner last updated this listing 12/22/2024 @ 08:40
- 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.