NOT LISTED FOR SALE
7 Beds
4 Baths
3,012 Sq Ft
0.26 Acres

Last Sold May 03, 2023

Last sale price $1,275,000 $423 Per Sq Ft

Highlights

  • View of Hills
  • Laundry Room
  • Wall Furnace
  • Ventura High School Rated A-
  • Chain Link Fence

About This Home

As of May 2023

Great opportunity to own a rare West Ventura 4 unit income property with upside potential. All four dwellings are stand alone buildings with separate electric and gas meters on a quarter acre. Long driveway offering off street parking for all homes.

Last Agent to Sell the Property

Jason Franey

LIV Sotheby's International License #01734305 Listed on: 04/11/2023

Last Buyer's Agent

Jeffrey Belzer

LIV Sotheby's International License #01895639

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • No Sprinklers

Interior Spaces

  • 3,012 Sq Ft Home
  • Views of Hills
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 23
  • Assessor Parcel Number 0710061410

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Ventura: Other 0021 Subdivision

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,400
  • Pest Control $400
  • Professional Management Expense $6,629
  • Trash Expense $1,500
  • Water Sewer Expense $4,800
  • New Taxes Expense $15,625
  • Operating Expense $32,554
  • Gross Income $94,704
  • Net Operating Income $62,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 6629.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0710061410
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 415.01

Exterior Features

  • View: Hills
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Off Street
  • Total Parking Spaces: 10.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Pest Control Expense: 400.00
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 11250.00
  • Lot Size Acres: 0.2583

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 94704.00
  • Gross Scheduled Income: 94704.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 11250.0000 Square Feet
  • Net Operating Income: 62150.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 32554.00
  • Rent Control: Yes
  • Total Actual Rent: 94704.00
  • Total Expenses: 32554.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Tract Number: 23.01

Range of Values:

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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
05/03/2023 05/03/23 Sold $1,275,000 +2.0% $423 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $1,250,000 -- $415 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-17507

Ventura County Regional Data Share