NOT LISTED FOR SALE
5 Beds
3 Baths
2,005 Sq Ft
7,600 Sq Ft Lot

Last Sold June 27, 2023

Last sale price $1,550,000 $773 Per Sq Ft

129 Days on Market

Highlights

  • Marina
  • Ocean View
  • Fishing
  • Cabrillo Middle School Rated A-
  • Parking available for a boat
  • 1-minute walk to Cemetery Memorial Park

About This Home

As of June 2023

Fabulous opportunity to own 3 detached homes on a ocean view large 7600 sf lot a few blocks to downtown Ventura with great restaurants and shopping!1224- a 2+1 home/ office w 725sf and zoned multi use.This unit has has refinished floors been re piped w copper plumbing and has bath and kitchen updates included replacing tub & shower and kitchen sink. 1226- 2+1 this unit has updates including kitchen, bath and was re wired and re piped w copper plumbing, refinished floors.1228- Ocean view 1+1 unit and has been updated w luxury vinyl plank flooring throughout and newer stove and fridge. Balcony with was replaced in 2017. All 3 units have their own laundry. The beach and pier are just a short walk away as well was all the restaurants and movie theatre. Public Transit close by.

Last Agent to Sell the Property

Amy Hall

LIV Sotheby's International License #01957427 Listed on: 01/04/2023

Last Buyer's Agent

Amy Hall

LIV Sotheby's International License #01957427 Listed on: 01/04/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,600 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • No Sprinklers
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Driveway
  • Parking available for a boat

Property Views

  • Ocean
  • Views of a pier

Home Design

  • 2,005 Sq Ft Home
  • Triplex
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Gas Range
  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 24
  • Assessor Parcel Number 0730153020

Community Details

Overview

  • 3 Buildings
  • Ventura: Other Subdivision
  • Foothills

Recreation

  • Marina
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $2,400
  • Other Expense $9,400
  • Trash Expense $960
  • Water Sewer Expense $1,320
  • Operating Expense $16,900
  • Gross Income $94,200
  • Net Operating Income $70,956

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All appliances.
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1320.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 0730153020
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 795.51

Exterior Features

  • Foundation: Raised, Slab
  • View: Ocean, Pier
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Driveway, Garage - Two Door, Workshop in Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Foothills, Hiking, Park, Street Lights, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Park Nearby, Sprinklers None
  • Lot Size Sq Ft: 7600.00
  • Lot Size Acres: 0.1745

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 94200.00
  • Gross Scheduled Income: 94200.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7600.0000 Square Feet
  • Net Operating Income: 70956.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 23244.00
  • Other Expense: 9400.00
  • Rent Control: No
  • Total Expenses: 16900.00
  • Waterfront Features: Fishing in Community, Marina in Community

Tax Info

  • Tax Tract Number: 24.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Sold $1,550,000 -2.8% $773 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
03/02/2023 03/02/23 Price Changed $1,595,000 -4.8% $796 / Sq Ft
01/04/2023 01/04/23 For Sale $1,675,000 +69.2% $835 / Sq Ft
08/25/2017 08/25/17 Sold $990,000 -13.9% -- View Prior Sale
07/10/2017 07/10/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $1,150,000 -- --
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,335 $1,612,620 $624,240 $988,380
2024 $17,335 $1,581,000 $612,000 $969,000
2023 $10,044 $904,325 $443,591 $460,734
2022 $9,350 $886,594 $434,894 $451,700
2021 $9,170 $869,210 $426,366 $442,844
2020 $10,849 $1,029,996 $468,180 $561,816
2019 $10,646 $1,009,800 $459,000 $550,800
2018 $10,468 $990,000 $450,000 $540,000
2017 $2,219 $200,969 $44,860 $156,109
2016 $2,177 $197,030 $43,981 $153,049
2015 $2,155 $194,072 $43,321 $150,751
2014 $2,112 $190,272 $42,473 $147,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-16222

Ventura County Regional Data Share

APN: 073-0-153-020