NOT LISTED FOR SALE

407 San Clemente St Ventura, CA 93001

Midtown Neighborhood
3 Beds
3 Baths
1,583 Sq Ft
5,893 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $1,218,500 $770 Per Sq Ft

26 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Spanish Architecture
  • Private Yard
  • Ventura High School Rated A-
  • Granite Countertops
  • Park

About This Home

As of May 2021

Desirable Income Generating TRIPLEX with THREE separate addresses and two separate structures in now on the market! This Pristine and Immaculate Spanish Style Midtown Ventura Triplex is located on a prime corner lot. The property contains a DUPLEX, a SEPARATE single house, and a 2 car garage. Each unit contains its own PRIVATE backyard with individual electric meters. There are numerous upgrades throughout the units such as Granite in two of the kitchens, stainless steel appliances, two fireplaces, newer flooring, hardwood flooring under the carpet, individual laundry areas for all three of the units, individual water heaters, newer windows, electrical upgrades, and copper plumbing. The current gross rents are $5700 a month. Lastly, this prime property is within close proximity to the beaches and parks.

Last Agent to Sell the Property

David Crowell

American Dream Realty License #01845970 Listed on: 04/09/2021

Last Buyer's Agent

Melody O’Leary-Namikas

BHHS California Properties License #01299611

BHHS California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,893 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Spanish Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • Family Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location
  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Tract Number 26
  • Assessor Parcel Number 0750142010

Community Details

Overview

  • 2 Buildings
  • Ocean View 0231 Subdivision

Recreation

  • Park

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • Fuel Expense $452
  • Insurance Expense $1,400
  • Trash Expense $1,440
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,329
  • Operating Expense $14,121
  • Net Operating Income $54,279

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Ocean View - 0231
  • View: No
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Spanish
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0750142010
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Entry Location: 1st Floor
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Oven, Refrigerator, Water Heater
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 5893.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 452.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5893.0000 Square Feet
  • Net Operating Income: 54279.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Units Leased: 3
  • Number With Refrigerator: 3
  • Operating Expense: 14121.00
  • Rent Control: No
  • Total Actual Rent: 68400.00
  • Total Expenses: 14121.00

Tax Info

  • New Taxes Expense: 9329.00
  • Tax Tract Number: 26.00

Range of Values:

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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
05/21/2021 05/21/21 Sold $1,218,500 +1.6% $770 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $1,199,000 -- $757 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-5013

Ventura County Regional Data Share

APN: 075-0-142-010