NOT LISTED FOR SALE

177 N Kalorama St Ventura, CA 93001

Downtown Ventura Neighborhood
3 Beds
2 Baths
5,104 Sq Ft
9,500 Acres

Last Sold April 01, 2022

Last sale price $2,350,000 $460 Per Sq Ft

Highlights

  • 9,500 Acre Lot
  • Views
  • Laundry Room
  • Ventura High School Rated A-
  • Park
  • Fenced

About This Home

As of April 2022

LOW RENTS / Projected rents $2,500+/unit. Current rents at $8240. Welcome to an incredible 4-unit apartment building with THREE 4-bedroom, 1.5-bath units (approx 1,300 sq ft each) and 1 3-bedroom, 1.5 bath unit (approx 1,200 sq ft each) all on an oversized over 9,500-square-foot lot with ENDLESS potential. More units? The city's liberal T4.1 Downtown Core zoning which could create an opportunity for more units. For example, some has thought to add an ADU, some have thought to add units, some have thought to start over and build courtyard housing, some have mentioned condo conversions, and others have said: Take the cash flow! Text your agent for current rents which may be low. SEPARATE electric / gas. Common water, common trash. Fully occupied. Buyer to verify ALL information - no information in this listing should be deemed guaranteed without buyer themselves verifying it. Subject to inspection. PLEASE DO NOT DISTURB TENANTS! DO NOT KNOCK ON DOORS. DO NOT STOP OUTSIDE. Unit 173 Renting for $2235 through Oct 31, 2022. Unit 177 N. Kalorama Street renting for $1905. Unit 895 renting for $2050 through July 31, 2022. Unit 891 renting for $2050 through May 31, 2022.

Last Agent to Sell the Property

Lauren Paffrath

eXp Realty of California License #01886161 Listed on: 02/04/2022

eXp Realty of California

Last Buyer's Agent

Kaitlin Miller

BHHS California Properties License #02031394

BHHS California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,500 Acre Lot
  • No Common Walls
  • Fenced
  • No Sprinklers

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Additional Features

  • Urban Location
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 0720108070

Community Details

Overview

  • Ventura: Other Subdivision

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $250
  • Operating Expense $30,000
  • Gross Income $98,880
  • Net Operating Income $5,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 0720108070
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Trash Expense: 250.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 413820000.00
  • Lot Size Acres: 9500.0000

Multi Family

  • Gross Income: 98880.00
  • Gross Scheduled Income: 8240.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9500.0000 Acres
  • Net Operating Income: 5740.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Expenses: 30000.00

Range of Values:

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Average Value
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List Price
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
04/01/2022 04/01/22 Sold $2,350,000 +18.1% $460 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $1,990,000 -- $390 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lauren Paffrath

    eXp Realty of California

    Section Image
  • Kaitlin Miller

    Buyer's Agent in 2022

    Kaitlin Miller

    BHHS California Properties

    (805) 218-9738

    2 in this area

    142 Total Sales

    Kaitlin Miller
    Section Image
  • Melody O’Leary-Namikas

    Buyer Co-Listing Agent in 2022

    Melody O’Leary-Namikas

    BHHS California Properties

    (805) 218-5035

    2 in this area

    138 Total Sales

    Melody O’Leary-Namikas
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-10488

Ventura County Regional Data Share

APN: 072-0-108-070

California Ventura County Ventura 93001 Downtown Ventura

177 N Kalorama St, Ventura, CA

This home is located at 177 N Kalorama St, Ventura, CA 93001 since 04 February 2022. This property was built in 1965. 177 N Kalorama 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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