NOT LISTED FOR SALE
8 Beds
8 Baths
5,226 Sq Ft
0.44 Acres

Last Sold May 31, 2017

Last sale price $2,070,000 $396 Per Sq Ft

3 Days on Market

Highlights

  • 0.44 Acre Lot
  • Property is near public transit
  • Laundry Room
  • Ventura High School Rated A-
  • Wood Flooring
  • 3-minute walk to Cemetery Memorial Park

About This Home

As of May 2017

Highly desirable 8 unit building in excellent location in Ventura. Ocean and Island views from several units. There is a 5 unit 2 story building, a separate Calif cottage, and a separate duplex, all one BDRM units. Extra large lot with greenbelt/picnic area, 8 garages, on site laundry, newer roof, wood floors, and super rentable units. More photos just added.

Last Agent to Sell the Property

Karen Spechler

Berkshire Hathaway HomeServices California Properties License #00552664 Listed on: 02/28/2017

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Christos Celmayster

Hayes Commercial Group License #01342996

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 0.44 Acre Lot
  • Property is in good condition

Parking

  • 8 Car Garage
  • Uncovered Parking

Interior Spaces

  • 2-Story Property
  • Stove
  • Laundry Room

Flooring

  • Wood
  • Carpet

Location

  • Property is near public transit
  • Property is near a bus stop

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 072-0-132-010

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $47,484
  • Gross Income $127,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

8

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1952
  • Income Expenses Annual Income: 127680.0
  • Capitalization Rate: 4%
  • Income Expenses Cash Flow: 6472.0
  • Gross Rent Multiplier: 15.63
  • Annual Expenses: 47484.0
  • Monthly Expense: 3957.0
  • Monthly Income: 10640.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: bhc
  • Co List Office Phone: 805-563-2111
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1952
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Parking Info Uncovered: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Apx Lot SqFt: 19000.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • Amenities Gas Stove2: Yes
  • Parking Info Total # Garage Spaces2: 8.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.44
  • Foundation Details: Mixed

Garage/Parking

  • Garage Spaces: 8.0
  • Parking Features: Garages, Uncovered

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 072-0-132-010
  • Zoning: Other
  • Lot Size Sq Ft: 19000.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 127680.0
  • Annual Operating Expense: 47484.0
  • Total Actual Rent: 10640.0

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
05/31/2017 05/31/17 Sold $2,070,000 +3.8% $396 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $1,995,000 +23.7% $382 / Sq Ft
04/15/2014 04/15/14 Sold $1,613,000 0.0% $309 / Sq Ft
04/15/2014 04/15/14 Sold $1,613,000 -3.7% $309 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
03/05/2014 03/05/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $1,675,000 0.0% $321 / Sq Ft
10/14/2013 10/14/13 For Sale $1,675,000 -- $321 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-627

Santa Barbara Multiple Listing Service

APN: 072-0-132-010