Sandra Jones
BHGRE Property Shoppe
(805) 465-6054
50 Total Sales
2 in Midtown
$1.1M - $2M Price Range
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
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 3, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,375,000
Outstanding Balance
$7,265,848
Interest Rate
6.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 2023
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 2022
Sold by
Bought by
Purchase Details
Closed on
Aug 7, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
3.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 10, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.42%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 5, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Interest Rate
5.57%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midtown, CA
-
Sandra Jones
-
Valerie Menke
Valerie Menke
Berkshire Hathaway HomeService
(805) 549-5997
24 Total Sales
1 in Midtown
$1,076,000 Price
-
Ainsley Hughes
Ainsley Hughes
Keller Williams Westlake
(805) 590-9689
25 Total Sales
1 in Midtown
$930,000 Price
-
Julia Otero
Julia Otero
BHHS California Properties
(805) 263-1669
50 Total Sales
4 in Midtown
$772K - $928K Price Range
-
Tamra Van Order
Tamra Van Order
Responds QuicklyKeller Williams Realty Santa Barbara
(805) 308-6428
34 Total Sales
1 in Midtown
$1,130,000 Price
-
Jessica McCrea
Jessica McCrea
Ojai Valley Real Estate
(805) 456-2481
8 Total Sales
1 in Midtown
$1,357,900 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title Company | ||
| $9,800,000 | Lawyers Title | ||
| -- | Vogt Resnick & Sherak Llp | ||
| -- | Vogt Resnick & Sherak Llp | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Co | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $200,000 | ||
| Open | $7,375,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $1,300,000 | ||
| Previous Owner | $1,010,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $1,055,000 |
Source: Public Records
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
Seller's Agent in 2023
Nick Henry
Beachside Partners
(805) 705-7311
5 in this area
56 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-2132
APN: 075-0-284-145
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This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
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