NOT LISTED FOR SALE

1159 E Meta St Ventura, CA 93001

Downtown Ventura Neighborhood
16 Beds
16 Baths
7,876 Sq Ft
7,000 Sq Ft Lot

Last Sold April 19, 2024

Last sale price $4,000,000 $508 Per Sq Ft

95 Days on Market

Highlights

  • Laundry in Carport
  • Carpet
  • 5-minute walk to Cemetery Memorial Park
  • Ventura High School Rated A-

About This Home

As of April 2024

We are pleased to present 1159-1171 E Meta St, two adjacent 8-unit apartment complexes on separate parcels in Downtown Ventura. Built in 1965, the two buildings are each comprised of 8 one-bedroom one-bathroom units. Given that the 16 units are split between two parcels, there is no onsite management legally required. Located just a couple blocks from the ocean, tenants of the property enjoy the beautiful coastal weather and beach access. Additionally, the property is close distance of Cabrillo Middle School, Lincoln Elementary School, Memorial Park, and Plaza Park providing a sensible housing option for families. Situated in Downtown Ventura, residents further benefit from the proximity to coffee shops, eateries, retail, and entertainment options.

Last Agent to Sell the Property

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 11/17/2023

Last Buyer's Agent

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 11/17/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 14 Parking Spaces

Interior Spaces

  • 7,876 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry in Carport
  • Leased Washer and Dryer

Community Details

  • 2 Buildings
  • 16 Units

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 073-0-152-150

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 7876
  • Lot Acreage: 0.1607
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Carpet
  • Bedrooms: 16
  • Laundry: In Carport
  • Laundry Equipment: Lease
  • Total Bathrooms: 16.00
  • Inclusions: The adjacent 1171 E Meta St building is also included in this listing on a separate
  • Price Per S Q F T: 501.52

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 14

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 84.77
  • Assessed Improvement Value: 165047
  • Assessed Land Percent: 15.23
  • Assessed Land Value: 29655
  • Total Assessed Value: 194702
  • Assessor Parcel Number: 073-0-152-150
  • Lot Size Area: 7000

Rental Info

  • Owner Pays: Water, Gardener

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.87
  • Number Of Units: 16
  • Total Annual Expense: 99967
  • Type Of Units: Apartments
  • Vacancy Rate: 5%

Range of Values:

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Average Value
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Sold Price
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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
04/19/2024 04/19/24 Sold $4,000,000 +1.3% $508 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $3,950,000 -- $502 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Withers

    Seller's Agent in 2024

    Daniel Withers

    Matthews Real Estate Investment Services

    (310) 365-5054

    4 in this area

    49 Total Sales

    Daniel Withers
    Section Image
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Map

Source: The MLS

MLS Number: 23-339365

The MLS

APN: 073-0-152-150

California Ventura County Ventura 93001 Downtown Ventura

1159 E Meta St, Ventura, CA

This home is located at 1159 E Meta St, Ventura, CA 93001 since 17 November 2023. This property was built in 1965. 1159 E Meta St is a home located in Ventura County with nearby schools including Lincoln Elementary School, Cabrillo Middle School, and Ventura High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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