NOT LISTED FOR SALE

1662 E Ocean Ave Ventura, CA 93001

Midtown Neighborhood
3 Beds
2 Baths
1,506 Sq Ft
5,197 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $775,000 $515 Per Sq Ft

6 Days on Market

Highlights

  • Cottage
  • Double Pane Windows
  • Wood Siding
  • Ventura High School Rated A-
  • Laundry Room
  • 1-minute walk to Ocean Avenue Park

About This Home

As of October 2020

Duplex Listing in Great Mid-Town Ventura Area! Cute 1920's California Cottage with 2 Bedrooms, 1 Bath plus detached and permitted Guest-House. Detached Guest House is a 1 Bedroom, 1 Bath with full kitchen and full bath, built above oversized 3-Car Garage. Close to Ventura's Beaches, Shops & Restaurants! Separately Metered for Gas & Electric! Commonly Metered for Water. Current tenants pay $1595 for the back and $1795 for the front with full garage use. Back yard has fruit trees 2 Cherries, 1 Apricot, 1 Pear, 1 Apple, 1 Avocado!

Last Agent to Sell the Property

Fred Evans

RE/MAX Gold Coast REALTORS License #00893591 Listed on: 08/03/2020

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,970

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 5,197 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • Cottage
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • No Hot Water

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 0750070470

Community Details

Overview

  • 2 Units
  • Buena Place 0230 Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $1,200
  • Water Sewer Expense $1,800
  • Net Operating Income $27,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,970

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.40
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Buena Place - 230
  • Water Sewer Expenses: 1800.00
  • Zoning: R3-5
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0750070470
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Entry Location: Ground Level With Steps, Living Room
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, No Hot Water, Range, Range Hood
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Closet
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5197.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Multiplier: 19.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5197.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 27210.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 40680.00

Tax Info

  • Tax Annual Amount: 8970.00
  • Tax Year: 2020

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
10/15/2020 10/15/20 Sold $775,000 -1.3% $515 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $785,000 -- $521 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Fred Evans

    Seller's Agent in 2020

    Fred Evans

    RE/MAX

    (805) 339-3502

    26 in this area

    163 Total Sales

    Fred Evans
    Section Image

  • O

    Buyer's Agent in 2020

    Out of Area Agent

    Out of Area Office

See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V0-220008249

Ventura County Regional Data Share

APN: 075-0-070-470

California Ventura County Ventura 93001 Midtown

1662 E Ocean Ave, Ventura, CA

This home is located at 1662 E Ocean Ave, Ventura, CA 93001 since 03 August 2020. This property was built in 1925. 1662 E Ocean Ave 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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