NOT LISTED FOR SALE

524 S Seaward Ave Ventura, CA 93003

Midtown Neighborhood
7 Beds
3 Baths
2,625 Sq Ft
8,051 Acres

Last Sold November 17, 2020

Last sale price $1,045,000 $398 Per Sq Ft

Highlights

  • 8,051 Acre Lot
  • Tile Flooring
  • 1-Story Property
  • Ventura High School Rated A-
  • Rectangular Lot

About This Home

As of November 2020

Fantastic income property located in the heart of midtown Ventura! Comprised of 3 separate units with ample onsite parking and private garages. Front house is a 3/1, middle house is a 2/1 and back unit above the garages is another 2/1. All have private yard or balcony spaces, and their own indoor laundry facilities. Well maintained, nicely landscaped, with excellent long term tenants in place. Shopping, restaurants, schools, freeway access, and the beach are all within walking and biking distance. Pride of ownership makes this an investors dream This is a perfectly turnkey property for anyone to step in and enjoy ownership.

Last Agent to Sell the Property

Bridget Goncalves

Joe Kapp Real Estate, Inc License #01415326 Listed on: 08/04/2020

Last Buyer's Agent

Nick Henry

Beachside Partners License #01748131

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 8,051 Acre Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Kitchen

  • Gas Oven or Range
  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • 1-Story Property
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 16
  • Assessor Parcel Number 0750162390

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Arcade 0233 Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Water Sewer Expense $780
  • Gross Income $5,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Arcade - 233
  • View: No
  • Water Sewer Expenses: 780.00
  • Zoning: R3-5
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 0750162390
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Appliances: Disposal, Gas Cooking, Gas Range
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 350701560.00
  • Lot Size Acres: 8051.0000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 5700.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 350701560.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2500.00
  • Rent Control: No

Tax Info

  • Tax Lot: 16

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $1,045,000 -12.8% $398 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $1,199,000 -- $457 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bridget Goncalves

    Seller's Agent in 2020

    Bridget Goncalves

    Joe Kapp Real Estate, Inc

    (805) 648-9900

    4 in this area

    38 Total Sales

    Bridget Goncalves
    Section Image
  • Nick Henry

    Buyer's Agent in 2020

    Nick Henry

    Beachside Partners

    (805) 705-7311

    6 in this area

    60 Total Sales

    Nick Henry
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-220008254

Ventura County Regional Data Share

APN: 075-0-162-390

California Ventura County Ventura 93001 Midtown

524 S Seaward Ave, Ventura, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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