NOT LISTED FOR SALE
2 Beds
1 Bath
4,656 Sq Ft
9,583 Sq Ft Lot

Last Sold December 19, 2024

Last sale price $1,896,000 $407 Per Sq Ft

24 Days on Market

About This Home

As of December 2024

6-unit Ventura apartment complex for sale located close to Ventura College, Trader Joes and 2 hospitals. 2 CollegeDrive features (6) 2BD/1BA apartments with 6 garage spaces and an additional 6 uncovered spaces plus an onsitelaundry room. The building has a raised foundation and dual paned windows. 1 unit to be delivered vacant offering newowner flexibility in leasing out at market rate. One apartment was recently updated with new vinyl plank flooring, quartzcountertops, kitchen appliances, fresh paint and hardware. The garages offer an astute investor the potential to convertinto Accessory Dwelling Units (ADUs). 2 College Dr is conveniently situated near Ventura College, St. Bonaventure HighSchool, Pacific View Mall regional shopping center, Vons, local beaches and has easy access to major freeways. This is arare investment opportunity to own in one of Ventura's most coveted rental markets

Last Agent to Sell the Property

Nick Henry

Beachside Partners License #01748131 Listed on: 09/26/2024

Co-Listed By

Jason Liehr

Beachside Partners License #02152826

Last Buyer's Agent

Nick Henry

Beachside Partners License #01748131 Listed on: 09/26/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage
  • Parking Available

Interior Spaces

  • 4,656 Sq Ft Home
  • 2-Story Property
  • Gas and Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 0790031400

Community Details

Overview

  • 6 Units
  • College Park Subdivision

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $12,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: College Park
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 0790031400
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 407.22

Exterior Features

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

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 12175.00
  • Gross Scheduled Income: 147300.00
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Other Income1: 100.00
  • Rent Control: Yes

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $1,896,000 -5.0% $407 / Sq Ft
09/26/2024 09/26/24 For Sale $1,995,000 -- $428 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

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 $7,013 $1,896,000 $450,000 $1,446,000
2024 $7,013 $632,393 $281,756 $350,637
2023 $6,935 $619,994 $276,232 $343,762
2022 $6,449 $607,838 $270,816 $337,022
2021 $6,339 $595,920 $265,506 $330,414
2020 $6,282 $589,812 $262,785 $327,027
2019 $6,168 $578,248 $257,633 $320,615
2018 $6,066 $566,911 $252,582 $314,329
2017 $5,953 $555,796 $247,630 $308,166
2016 $5,850 $544,899 $242,775 $302,124
2015 $5,757 $536,716 $239,129 $297,587
2014 $5,677 $526,204 $234,446 $291,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-25929

Ventura County Regional Data Share

APN: 079-0-031-400