NOT LISTED FOR SALE
6 Beds
6 Baths
3,304 Sq Ft
9,332 Sq Ft Lot

Last Sold April 06, 2016

Last sale price $920,000 $278 Per Sq Ft

14 Days on Market

Highlights

  • 10 Car Attached Garage
  • Ventura High School Rated A-
  • 1-Story Property

About This Home

As of April 2016

6-unit multifamily NON RENT CONTROLLED investment opportunity in the city of Ventura, CA. Immediate upside with raising rents to market levels. The property has great curbside appeal for tenants as well as the location being walking distance to the best parts of Ventura including the Beach, Ventura County Fairgrounds and Downtown Ventura with Main Street a few blocks away, finest dining options in the city within walking distance as well as ample retail and tourist sights. The property has one stand-alone cottage and a 5-unit structure with a laundry room. Property has been impeccably maintained with over $15,000 in recent upgrades including new exterior paint, rehabbed roof, newly sealed windows and full weatherization done last year, and the garage roofs were recently fully replaced. Property is priced well with a market Cash on Cash of 6%.

Last Agent to Sell the Property

Gregory Kaiser

Keller Williams Rlty Brentwood License #01716292 Listed on: 03/01/2016

Co-Listed By

Chad Caldwell

Keller Williams Rlty Brentwood License #01954108

Last Buyer's Agent

Gregory Kaiser

Keller Williams Rlty Brentwood License #01716292 Listed on: 03/01/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 9,332

Parking

  • 10 Car Attached Garage

Interior Spaces

  • 3,304 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 9,332 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 071-0-094-060

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3304
  • Probate: No
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 278.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 10

Utilities

  • Heating: Wall

Fee Information

  • Insurance Expense: 1480.00
  • Maintenance Expense: 2700.00
  • Management Expense: 3445.00

Lot Info

  • Assessed Improvement Value: 187505
  • Assessed Land Value: 482164
  • Total Assessed Value: 920000
  • Assessor Parcel Number: 071-0-094-060
  • Geocode Override: No
  • Lot Size Area: 9332

Rental Info

  • Monthly Gross Income: 5840.00

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.00
  • Gross Scheduled Income: 70080.00
  • Number Of Units: 6
  • Rent Control: 0%
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 9940.00

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 List to Sale Price per Sq Ft
04/06/2016 04/06/16 Sold $920,000 0.0% $278 / Sq Ft
03/01/2016 03/01/16 For Sale $920,000 -- $278 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-102550

The MLS

APN: 071-0-094-060