NOT LISTED FOR SALE

1313 Buena Vista St Ventura, CA 93001

Midtown Neighborhood
7 Beds
13 Baths
9,857 Sq Ft
0.45 Acres

Last Sold June 29, 2023

Last sale price $5,930,000 $602 Per Sq Ft

48 Days on Market

Highlights

  • 0.45 Acre Lot
  • Open Floorplan
  • High Ceiling
  • Ventura High School Rated A-
  • Spanish Architecture
  • Granite Countertops

About This Home

As of June 2023

Great opportunity to own a completely reconstructed 12 unit apartment building on the Hillside in midtown Ventura. All new roof, plumbing, electrical, split AC/Heating units, kitchens, bathrooms, laminate flooring, laundry room, central water heating system, laundry lease. Ready for tenants, just waiting for SCE to power up the building and City Final. Building has new fire sprinkler system, garages with openers for each 1 BR apartment, and Views of the Ocean, Islands, and City. Don't miss this one!!!!!NEW PLUMBING IS COPPER AND PEX.ALL INCOME NUMBERS ARE PROJECTED. UNITS HAVE NOT BEEN RENTED YET AND HAVE NOT BEEN IN THE PAST WITH NEW IMPROVEMENTS.

Last Agent to Sell the Property

Steven Snyder

Oaktree Property Investments License #00712711 Listed on: 03/30/2023

Last Buyer's Agent

Non Non Member

Unknown Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Property fronts an alley
  • 1 Common Wall
  • South Facing Home
  • No Landscaping
  • Garden
  • Back Yard
  • Density is 11-15 Units/Acre

Parking

  • 10 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Apartment
  • Fire Rated Drywall
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation
  • Copper Plumbing

Interior Spaces

  • 9,857 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Panel Doors
  • Laminate Flooring
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 13 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall
  • Termite Clearance

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient Lighting

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Underground Utilities
  • Standard Electricity
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Tract Number 21
  • Assessor Parcel Number 0720131080

Community Details

Overview

  • Buena Vista 2 2442 Subdivision
  • Cemetary Park 1 block away

Amenities

  • Laundry Facilities

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 12 Separate Electric Meters
  • Cable TV Expense $7,200
  • Electric Expense $3,600
  • Fuel Expense $3,600
  • Gardener Expense $4,200
  • Insurance Expense $10,200
  • Other Expense $1,500
  • Professional Management Expense $22,500
  • Trash Expense $3,900
  • Water Sewer Expense $6,900
  • New Taxes Expense $74,800
  • Operating Expense $138,400
  • Gross Income $421,200
  • Net Operating Income $276,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

10

Listing Details

  • Assessments: No
  • CapRate: 4.00
  • Inclusions: Stoves, refrigerators
  • Park Name: Cemetary Park 1 block away
  • Professional Management Expense: 22500.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Closed Circuit Camera(s), Security Lights, Smoke Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Fire Rated Drywall, Firewall(s)
  • View: Yes
  • Water Sewer Expenses: 6900.00
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled, Termite Clearance
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 4200.00
  • Parcel Number: 0720131080
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings, Balcony, Unfurnished, Granite Counters, Copper Plumbing Full, Ceiling Fan(s), Recessed Lighting, Open Floorplan
  • Entry Location: Side doors to building and separate entrances
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits, See Remarks, Parking
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: Three Or More
  • Price Per Square Foot: 618.85
  • Room Type: All Bedrooms Up
  • Window Features: Custom Covering, Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • Fence: No
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Door Opener, Garage Faces Front, Garage - Single Door, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Water Connected, Underground Utilities, Sewer Connected, Phone Available, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Oven, Water Heater Central, Gas Range
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Community, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3900.00
  • Water Source: Public
  • Cooling: Dual, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Hiking

Green Features

  • Efficiency: Appliances, Water Heater, Windows, Lighting, Construction

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, 11-15 Units/Acre, Garden, No Landscaping
  • Lot Size Sq Ft: 19500.00
  • Lot Size Acres: 0.4477

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 550
  • Average Studio Area: 350
  • Cable TV Expense: 7200.00
  • Electric Expense: 3600.00
  • Fuel Expense: 3600.00
  • Gross Income: 421200.00
  • Gross Scheduled Income: 405600.00
  • Insurance Expense: 10200.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 400.00
  • Lot Size Area: 19500.0000 Square Feet
  • Net Operating Income: 276300.00
  • Number Of Separate Electric Meters: 12
  • Number Wall A C: 26
  • Number With Range: 12
  • Number With Refrigerator: 12
  • Operating Expense: 129300.00
  • Other Expense: 1500.00
  • Other Expense Description: Fire monitoring
  • Other Income1: 720.00
  • Other Income2: 1120.00
  • Other Income Description: Laundry and tenant charge for wi-fi
  • Rent Control: No
  • Total Expenses: 138400.00

Tax Info

  • New Taxes Expense: 74800.00
  • Tax Tract Number: 21.02

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
06/29/2023 06/29/23 Sold $5,930,000 -2.8% $602 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $6,100,000 -10.3% $619 / Sq Ft
03/30/2023 03/30/23 For Sale $6,800,000 -- $690 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steven Snyder

    Oaktree Property Investments

    (805) 653-7713

    5 in this area

    24 Total Sales

    Steven Snyder
    Section Image

  • N

    Buyer's Agent in 2023

    Non Non Member

    Unknown Office

    (913) 963-5454

    4 in this area

    267 Total Sales

    Non Non Member
    Section Image
See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V1-17356

Ventura County Regional Data Share

APN: 072-0-131-080

California Ventura County Ventura 93001 Midtown

1313 Buena Vista St, Ventura, CA

This home is located at 1313 Buena Vista St, Ventura, CA 93001 since 30 March 2023. This property was built in 1929. 1313 Buena Vista St is a home located in Ventura County with nearby schools including Lincoln Elementary School, Cabrillo Middle School, and Ventura High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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