Seller's Agent in 2022
Craig Lieberman
Apartment Investment Specialis
(805) 687-5557
3 in this area
25 Total Sales
128 E B St Port Hueneme, CA 93041
8
Beds
4
Baths
--
Sq Ft
5,087
Sq Ft Lot
About This Home
As of September 2022All four units of this property include two-bedroom, one-bathroom units that incorporates approximately 812 square feet each (3,248 square feet). All four units are rented for $900 per month, because there have been no significant upgrades, and the seller has not pushed rents accordingly. Consequently, the purchaser would be expected to upgrade/update the entire property to put the property condition to a certain level that would generate market rents. That renovation would require the purchaser to vacate the property to complete the necessary property improvement. According to the statewide rent control adopted in 2021, the new owner would be required to pay each tenant vacated a relocation assistance fee of at least one-month rent amount. Once the property is upgraded, the new rents are projected to be at least $2,200, or 145% higher than the existing rents.
Last Agent to Sell the Property
Apartment Investment Specialis License #00682741 Listed on: 07/13/2022
Last Buyer's Agent
Apartment Investment Specialis License #00682741 Listed on: 07/13/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 5,087 Sq Ft Lot
- No Common Walls
- Fenced
- Fence is in average condition
- No Sprinklers
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 7 Parking Spaces
- 4 Carport Spaces
- Parking Available
Additional Features
- Gas Oven
- Exterior Lighting
- Wall Furnace
Community Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,283
- Trash Expense $1,536
- Water Sewer Expense $2,283
- Operating Expense $22,000
- Gross Income $43,200
- Net Operating Income $21,200
Listing and Financial Details
- Assessor Parcel Number 2060051010
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2022 09/27/22 | Sold | $800,000 | -15.8% | -- |
| 07/13/2022 07/13/22 | For Sale | $950,000 | -- | -- |
Source: Ventura County Regional Data Share
Tax History Compared to Growth
Agents Affiliated with this Home
-
Craig Lieberman
Map
Source: Ventura County Regional Data Share
MLS Number: V1-13687
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