NOT LISTED FOR SALE

53 E Simpson St Ventura, CA 93001

Westside Neighborhood

Estimated Value: $844,000 - $962,000

2 Beds
1 Bath
2,106 Sq Ft
$424/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $801,000 $380 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,434/month

52 Days on Market

Highlights

  • Golf Course Community
  • Park
  • Accessible Parking
  • Hiking Trails
  • Laundry Room
  • Fenced

About This Home

As of September 2021

Long time owned Triplex. Each of the three units have 2 bedrooms, and 1 bath, full kitchen and living room, patio area to the side yard. There is a alley to the back which has parking for these units plus long driveway. This property is being sold without repairs by owner. all three units are occupied.

Last Agent to Sell the Property

Nora Davis

LIV Sothebys Ojai License #01046067 Listed on: 07/11/2021

LIV Sothebys Ojai

Last Buyer's Agent

Kaitlin Miller

BHHS California Properties License #02031394

BHHS California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in fair condition
  • No Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway Level

Home Design

  • Triplex
  • Fixer Upper
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,106 Sq Ft Home
  • 1-Story Property
  • Convection Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Accessible Parking
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1 / B
  • Assessor Parcel Number 0710071240

Community Details

Overview

  • 3 Buildings
  • Bard Mckee 3 0213 Subdivision

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $2,378
  • Water Sewer Expense $6,768
  • Operating Expense $11
  • Gross Income $37,320
  • Net Operating Income $37,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Bard-McKee 3 - 0213
  • View: No
  • Water Sewer Expenses: 6768.00
  • Zoning: R-3-5
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0710071240
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 380.34
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 2378.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers None
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 37320.00
  • Gross Scheduled Income: 37320.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 37320.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Rent Control: Yes
  • Total Expenses: 11.15

Tax Info

  • Tax Block: B
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Ebrahimi Kaveh
Bought by
East Simpson St Holdings Llc
Current Estimated Value
$892,746

Purchase Details

Closed on
Feb 17, 2022
Sold by
East Simpson St Holdings Llc
Bought by
Ebrahimi Kaveh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,250
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 23, 2021
Sold by
Ebrahimi Kaveh
Bought by
East Simpson St Holdings Llc
Seller's Agent
Nora Davis
LIV Sothebys Ojai
Buyer's Agent
Kaitlin Miller
BHHS California Properties
List Price
$749,000
Sold Price
$801,000
Premium/Discount to List
$52,000
6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$600,750
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
East Simpson St Holdings Llc -- None Listed On Document
Ebrahimi Kaveh -- First American Title
Ebrahimi Kaveh -- First American Title
East Simpson St Holdings Llc -- North American Title Company
Ebrahimi Kaveh $801,000 North American Title Company
Ebrahimi Kaveh -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ebrahimi Kaveh $812,250
Previous Owner Ebrahimi Kaveh $600,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $801,000 +6.9% $380 / Sq Ft
07/11/2021 07/11/21 For Sale $749,000 -- $356 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Tax History

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 $9,191 $850,027 $583,665 $266,362
2024 $9,191 $833,360 $572,220 $261,140
2023 $9,080 $817,020 $561,000 $256,020
2022 $8,453 $801,000 $550,000 $251,000
2021 $2,161 $196,148 $59,131 $137,017
2020 $2,141 $194,139 $58,526 $135,613
2019 $2,103 $190,333 $57,379 $132,954
2018 $2,069 $186,602 $56,254 $130,348
2017 $2,027 $182,944 $55,151 $127,793
2016 $1,989 $179,358 $54,070 $125,288
2015 $1,969 $176,665 $53,258 $123,407
2014 $1,938 $173,207 $52,216 $120,991
Source: Public Records

Agents Affiliated with this Home

  • Nora Davis

    Seller's Agent in 2021

    Nora Davis

    LIV Sothebys Ojai

    (805) 207-6177

    2 in this area

    74 Total Sales

    Nora Davis
    Section Image
  • Kaitlin Miller

    Buyer's Agent in 2021

    Kaitlin Miller

    BHHS California Properties

    (805) 218-9738

    8 in this area

    139 Total Sales

    Kaitlin Miller
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-7033

Ventura County Regional Data Share

APN: 071-0-071-240

California Ventura County Ventura 93001 Westside

53 E Simpson St, Ventura, CA

Not Listed for Sale

MultiFamily

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