Seller's Agent in 2023
Nick Henry
Beachside Partners
(805) 705-7311
6 in this area
58 Total Sales
3574 Preble Ave Ventura, CA 93003
Midtown Neighborhood
--
Bed
--
Bath
25,004
Sq Ft
0.57
Acre Lot
Highlights
- 0.57 Acre Lot
- Laundry Room
- 38 Car Garage
- Cabrillo Middle School Rated A-
About This Home
As of December 2023Value-add 38 unit apartment building opportunity for only $267k/unit in the low turnover sale marketplace of city of Ventura. 14.1 GRM, 4.4% CAP on actual and 11.0 GRM, 6.3% CAP on market rents. Tradewinds Apartments is set on a .89 acre lot w/ garage parking, pool and laundry room. Convenient location near Pacific View Mall & Lowes, Community Memorial Hospital, Ventura College, Ventura Harbor and local beaches plus easy access to both the 101 and 126 freeways. Unit mix consists of (1) 3BD/1BA, (4) 2BD/1BA, (18)1BD/1BA and (15) studios. Utilities sep metered for electric and gas and (2) 100 gallon water heaters service building. Major upside in rental rates. Available reports include: General inspection, termite, roof and sewer lateral. OFFER DUE DATE AUG 4th @ 12PM
Last Agent to Sell the Property
Beachside Partners License #01748131 Listed on: 07/19/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 0.57
Parking
- 38 Car Garage
Home Design
- 25,004 Sq Ft Home
Additional Features
- Laundry Room
- 25,004 Sq Ft Lot
- Individual Gas Meter
Community Details
- 38 Units
- Gross Income $718,248
Listing and Financial Details
- Assessor Parcel Number 075-0-284-145
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $9,800,000 | -3.0% | $392 / Sq Ft |
| 08/13/2023 08/13/23 | Pending | -- | -- | -- |
| 07/19/2023 07/19/23 | For Sale | $10,100,000 | -- | $404 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $106,389 | $10,001,312 | $3,100,800 | $6,900,512 |
| 2024 | $106,389 | $9,796,400 | $3,040,000 | $6,756,400 |
| 2023 | $45,137 | $4,028,245 | $1,390,965 | $2,637,280 |
| 2022 | $41,969 | $4,016,260 | $1,363,691 | $2,652,569 |
| 2021 | $41,322 | $3,944,924 | $1,336,952 | $2,607,972 |
| 2020 | $40,842 | $3,894,825 | $1,323,244 | $2,571,581 |
| 2019 | $40,077 | $3,816,787 | $1,297,299 | $2,519,488 |
| 2018 | $39,440 | $3,745,621 | $1,271,862 | $2,473,759 |
| 2017 | $38,680 | $3,669,100 | $1,246,924 | $2,422,176 |
| 2016 | $37,892 | $3,586,825 | $1,222,475 | $2,364,350 |
| 2015 | $37,244 | $3,529,418 | $1,204,113 | $2,325,305 |
| 2014 | $36,826 | $3,470,912 | $1,180,527 | $2,290,385 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Henry
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-2132
APN: 075-0-284-145
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