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

Sale Details

Date 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
  • Cabrillo Middle 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
  • Laundry Located Outside

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

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

Amenities

  • Laundry Facilities

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

5,893 Sq Ft Lot

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
  • 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

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

Listed on
Apr 9, 2021
Closed on
May 6, 2021
Sold by
Bought by
Seller's Agent
David Crowell
American Dream Realty
Buyer's Agent
Melody O’Leary-Namikas
BHHS California Properties
List Price
$1,199,000
Sold Price
$1,218,500
Premium/Discount to List
$19,500
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,000
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 4, 2021
Sold by
Bought by
Seller's Agent
David Crowell
American Dream Realty
Buyer's Agent
Melody O’Leary-Namikas
BHHS California Properties
List Price
$1,199,000
Sold Price
$1,218,500
Premium/Discount to List
$19,500
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,000
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2016
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
$618,750
Interest Rate
0.0371%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 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
$590,750
Interest Rate
0.0575%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2005
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
$540,000
Interest Rate
0.0615%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,218,500 Lawyers Title Company
-- Lawyers Title Company
-- None Available
-- None Available
$825,000 Lawyers Title Company
-- First American Title
$720,000 First American Title Company
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 $848,000
Previous Owner $618,750
Previous Owner $590,750
Previous Owner $540,000
Previous Owner $128,000
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
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

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 $14,194 $1,318,942 $1,055,371 $263,571
2024 $14,194 $1,293,081 $1,034,678 $258,403
2023 $14,022 $1,267,727 $1,014,390 $253,337
2022 $13,049 $1,242,870 $994,500 $248,370
2021 $9,414 $893,408 $779,703 $113,705
2020 $9,324 $884,249 $771,709 $112,540
2019 $9,151 $866,912 $756,578 $110,334
2018 $8,998 $849,915 $741,744 $108,171
2017 $8,808 $833,250 $727,200 $106,050
2016 $7,937 $750,000 $570,000 $180,000
2015 $7,656 $720,000 $540,000 $180,000
2014 $5,680 $600,000 $450,000 $150,000
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

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