NOT LISTED FOR SALE
5 Beds
4 Baths
2,098 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: December 3, 2021

Last sale price $889,900 $424 Per Sq Ft

18 Days on Market

About This Home

As of December 2021

BEST investment ROI in Ventura County!This multi-unit offering brings in $64,000 annually for only $869k!!.... Only 13 x's gross in VTA CTY?...wow! PLUS... tenants pay ALL UTILITIES & yard care! All separate structures... no shared walls... good conditioned units... 3 units in front, & offers an additional 4th unit ADA bringing the income higher! No better income for the price anywhere.Will sell fast - hurry!

Last Agent to Sell the Property

Patrick Collet

Balboa Real Estate License #01334651 Listed on: 09/17/2021

Balboa Real Estate

Last Buyer's Agent

May Motamedi

Realty America Group License #01262095

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Home Design

  • 2,098 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • On-Street Parking

Additional Features

  • Gas Oven
  • Laundry in unit
  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Tract Number 32
  • Assessor Parcel Number 2010122120

Community Details

Overview

  • 4 Buildings
  • Colonia Homes Gardens 0337 Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,685
  • Maintenance Expense $4,000
  • New Taxes Expense $10,400
  • Operating Expense $18,317
  • Gross Income $64,344
  • Net Operating Income $46,027

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 5.29
  • Property Attached: No
  • Subdivision Name Other: Colonia
  • View: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2010122120
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 414.54

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Street
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Oven
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 64344.00
  • Gross Multiplier: 13.50
  • Gross Scheduled Income: 64344.00
  • Insurance Expense: 1685.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 46027.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Operating Expense: 18317.00
  • Other Expense Description: Vacancy 4% = $2232
  • Rent Control: No
  • Total Expenses: 18317.00

Tax Info

  • New Taxes Expense: 10400.00
  • Tax Tract Number: 32.01

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
Jun 2, 2022
Sold by
Bought by

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 28, 2021
Sold by
Bought by
Seller's Agent
Patrick Collet
Balboa Real Estate
Buyer's Agent
May Motamedi
Realty America Group
List Price
$869,700
Sold Price
$889,900
Premium/Discount to List
$20,200
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,930
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 24, 2021
Sold by
Bought by
Seller's Agent
Patrick Collet
Balboa Real Estate
Buyer's Agent
May Motamedi
Realty America Group
List Price
$869,700
Sold Price
$889,900
Premium/Discount to List
$20,200
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,930
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 21, 2021
Sold by
Bought by
Seller's Agent
Patrick Collet
Balboa Real Estate
Buyer's Agent
May Motamedi
Realty America Group
List Price
$869,700
Sold Price
$889,900
Premium/Discount to List
$20,200
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,930
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 1999
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
$96,100
Interest Rate
0.0786%
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
-- --
-- Pacific Coast Title
-- Pacific Coast Title Company
$890,000 Pacific Coast Title
-- None Available
-- None Listed On Document
-- None Available
$135,000 Lawyers 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
Closed $622,930
Closed $275,000
Closed $132,000
Closed $96,100
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
12/03/2021 12/03/21 Sold $889,900 +2.3% $424 / Sq Ft
09/17/2021 09/17/21 For Sale $869,700 -- $415 / 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 $11,463 $944,475 $604,889 $339,586
2024 $11,463 $925,956 $593,028 $332,928
2023 $11,044 $907,800 $581,400 $326,400
2022 $10,712 $890,000 $570,000 $320,000
2021 $1,198 $191,662 $134,878 $56,784
2020 $2,353 $189,698 $133,496 $56,202
2019 $2,286 $185,979 $130,879 $55,100
2018 $2,253 $182,333 $128,313 $54,020
2017 $2,139 $178,759 $125,798 $52,961
2016 $2,064 $175,255 $123,332 $51,923
2015 $2,084 $172,625 $121,481 $51,144
2014 $2,051 $169,246 $119,102 $50,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-8461

Ventura County Regional Data Share

APN: 201-0-122-120

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