NOT LISTED FOR SALE
-- Bed
-- Bath
6,568 Sq Ft
10,019 Sq Ft Lot

Last Sold April 10, 2015

Last sale price $1,750,000 $266 Per Sq Ft

11 Days on Market

About This Home

As of April 2015

''The Capital'' is a well maintained 10-unit apartment building in Ventura 6 blocks to downtown and 1 mile to the pier. Partial ocean views. Excellent investment opportunity-strong location, high rental demand market & immediate upside in rents. (2)2BD/1BA & (8)1BD/1BA units w/ carport parking, onsite laundry. $10,520/mo. current income. 13.86 GRM, 4.58% cap rate on actuals. See attached setup.

Last Agent to Sell the Property

Nick Henry

The Channel Group Listed on: 10/06/2014

Last Buyer's Agent

Andriana Kolendrianos

Century 21 Hometown Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 10,000 Sq Ft Lot

Community Details

  • 10 Units
  • Gross Income $126,240

Listing and Financial Details

  • Assessor Parcel Number 073-0-152-080

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1971
  • Income Expenses Annual Income: 126240.0
  • Capitalization Rate: 4.53
  • Gross Rent Multiplier: 13.86
  • Monthly Income: 10520.0
  • Property Information Year Built2: 1971
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Apx Lot SqFt: 10000.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.23

Schools

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

Lot Info

  • Parcel #: 073-0-152-080
  • Zoning: Other
  • Lot Size Sq Ft: 10000.0

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 126240.0
  • Total Actual Rent: 10520.0
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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
04/10/2015 04/10/15 Sold $1,750,000 0.0% $266 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $1,750,000 -- $266 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $26,319 $2,449,677 $747,398 $1,702,279
2024 $26,319 $2,401,645 $732,744 $1,668,901
2023 $25,999 $2,354,554 $718,376 $1,636,178
2022 $24,193 $2,308,387 $704,290 $1,604,097
2021 $23,725 $2,263,125 $690,480 $1,572,645
2020 $23,497 $2,239,920 $683,400 $1,556,520
2019 $23,058 $2,196,000 $670,000 $1,526,000
2018 $19,489 $1,848,463 $528,132 $1,320,331
2017 $19,075 $1,812,220 $517,777 $1,294,443
2016 $18,699 $1,776,687 $507,625 $1,269,062
2015 $3,150 $284,265 $53,602 $230,663
2014 $3,100 $278,699 $52,553 $226,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-3146

Santa Barbara Multiple Listing Service

APN: 073-0-152-080

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