$1,150,000
$50K PRICE DROP

Estimated payment $7,447/month

Total Views 6,404
4 Beds
2 Baths
1,877 Sq Ft
$613 Price per Sq Ft

Highlights

  • Private Yard
  • Living Room
  • Rectangular Lot
  • Loma Vista Elementary School Rated A-
  • Laundry Room
  • Fenced

About This Home

Investors or owner occupants will find this property in an excellent location. Close to Ventura Community college and downtown shopping. A bread and butter low risk investment. Ideal 1031 exchange for an investor having cash in their exchange account. both houses are two bedroom one bath. Each has their own washer and dryer hookups. The back house has a fenced yard. The two car garage is shared but there is room for additional storage if needed. The roof was recently put on. Opportunity knocks, act quickly.

Listing Agent

Scott Rushing

Rushing Real Estate & Inv. Brokerage Phone: (805) 901-0900 License #00662616 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,969 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Rectangular Lot
  • Level Lot
  • No Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 1,877 Sq Ft Home
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 19
  • Assessor Parcel Number 0770052175

Community Details

Overview

  • 2 Buildings
  • Ventura: Other 0026 Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $2,000
  • Maintenance Expense $5,000
  • Trash Expense $120
  • Operating Expense $16,000
  • Gross Income $54,000
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Ventura: Other - 0026
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 0770052175
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Price Per Square Foot: 612.68
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Oven, Refrigerator
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • Trash Expense: 120.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Gutters

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Sprinklers None, Yard, Rectangular Lot, Level, Lawn, Front Yard
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: All Utilities, Trash Collection, Grounds Care, Electricity

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6969.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 42000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Operating Expense: 16000.00
  • Rent Control: No
  • Total Actual Rent: 2250.00
  • Total Expenses: 16000.00

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 19.01

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $1,150,000 -4.2% $613 / Sq Ft
05/29/2025 05/29/25 For Sale $1,200,000 -- $639 / Sq Ft
Source: Ventura County Regional Data Share

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Ventura County Regional Data Share