NOT LISTED FOR SALE
-- Bed
-- Bath
4,865 Sq Ft
10,617 Sq Ft Lot

Sale Details

Date Sold: November 1, 2017

Last sale price $1,525,000 $313 Per Sq Ft

45 Days on Market

Highlights

  • Carpet
  • Cabrillo Middle School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of November 2017

Best multi family buy on the market. Very well maintained 5 unit in popular, central Ventura location. Walking distance to Pacific View Mall, grocery store, bus lines, schools and easy freeway access. All units consistently rented with little vacancy. Consists 3BR, 2Ba home in front with fireplace, and 4 units with 2BR, 1 1/2 bath. All have been upgraded with newer laminate flooring throughout, tiled kitchen and baths most recently painted. All units are separately metered for gas and electric. Projected rents for all two bedrooms $1650-$1700. Three BR $2300 - $2400 Carport parking (one enclosed and rented separately). Common laundry room with owner owned washer and dryer.

Last Agent to Sell the Property

Christine Dennis

Crestwood Properties License #01722923 Listed on: 08/18/2017

Last Buyer's Agent

Parker Shaw

Keller Williams West Ventura County License #01740891

Keller Williams West Ventura County
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 10,617

Parking

  • 1 Car Garage
  • 4 Carport Spaces

Home Design

  • Property Attached

Flooring

  • Carpet
  • Laminate

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 10,617 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0750223015

Community Details

Overview

  • Borchard Center 227 Subdivision

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

10,617 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Borchard Center - 227
  • Zoning: R3-2
  • Property Type: Residential Income
  • Parcel Number: 0750223015
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Laminate, Carpet
  • Levels: Two

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace, Natural Gas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10617.00

Multi Family

  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

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
Oct 29, 2020
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
$1,086,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 12, 2017
Sold by
Bought by
Seller's Agent
Christine Dennis
Crestwood Properties
Buyer's Agent
Parker Shaw
Keller Williams West Ventura County
List Price
$1,599,000
Sold Price
$1,525,000
Premium/Discount to List
-$74,000
-4.63%

Purchase Details

Closed on
Dec 11, 2012
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
$510,000
Interest Rate
3.27%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2008
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
$375,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2004
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
$712,500
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,550,000 Lawyers Title
$1,525,000 Lawyers Title Company
-- Chicago Title-Los Angeles
-- None Available
$975,000 Lawyers Title Company
-- Chicago Title Co
-- --
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 $1,350,000
Closed $1,086,000
Previous Owner $510,000
Previous Owner $375,000
Previous Owner $712,500
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
11/01/2017 11/01/17 Sold $1,525,000 -4.6% $313 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $1,599,000 -- $329 / 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 $17,975 $1,677,769 $432,973 $1,244,796
2024 $17,975 $1,644,872 $424,483 $1,220,389
2023 $17,773 $1,612,620 $416,160 $1,196,460
2022 $16,510 $1,581,000 $408,000 $1,173,000
2021 $16,225 $1,550,000 $400,000 $1,150,000
2020 $16,619 $1,586,610 $416,160 $1,170,450
2019 $16,315 $1,555,500 $408,000 $1,147,500
2018 $16,040 $1,525,000 $400,000 $1,125,000
2017 $11,448 $1,081,835 $737,869 $343,966
2016 $11,248 $1,060,623 $723,401 $337,222
2015 $10,082 $950,000 $650,000 $300,000
2014 $9,245 $865,000 $585,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-217010226

Ventura County Regional Data Share

APN: 075-0-223-015

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