Restricted Address

Ventura, CA 93003

$1,896,000
Last Sold Price
2
Beds
1
Bath
4,656 Sq. Ft.
$407 / Sq. Ft.
4,656
Sq. Ft.
$407
per Sq. Ft.

Description

6-unit Ventura apartment complex for sale located close to Ventura College, Trader Joes and 2 hospitals. 2 College Drive features (6) 2BD/1BA apartments with 6 garage spaces and an additional 6 uncovered spaces plus an onsite laundry room. The building has a raised foundation and dual paned windows. 1 unit to be delivered vacant offering new owner flexibility in leasing out at market rate. One apartment was recently updated with new vinyl plank flooring, quartz countertops, kitchen appliances, fresh...6-unit Ventura apartment complex for sale located close to Ventura College, Trader Joes and 2 hospitals. 2 College Drive features (6) 2BD/1BA apartments with 6 garage spaces and an additional 6 uncovered spaces plus an onsite laundry room. The building has a raised foundation and dual paned windows. 1 unit to be delivered vacant offering new owner flexibility in leasing out at market rate. One apartment was recently updated with new vinyl plank flooring, quartz countertops, kitchen appliances, fresh paint and hardware. The garages offer an astute investor the potential to convert into Accessory Dwelling Units (ADUs).
  1. Listed by Jason Liehr • DRE #02152826 • Beachside Partners
  2. Listed by Nick Henry • DRE #01748131 • Beachside Partners

Property Details for Restricted Address

Zoning
Other
Zoning:Other
Yes
Location Info:Cross Street
Telegraph Rd
Property Information:Recurring Fees
No
LISTING UPDATED: 12/19/2024 12:33 PM

Property Details for Restricted Address

StatusClosed
MLS #24-3198
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.22 AC / 9,583 SF
CountyVentura County

Building Information for Restricted Address

Stories-Residences6Year Built1958Building Size-Lot Size0.22 AC / 9,583 SF

Property Information for Restricted Address

Details
Features
  • District: 00 - VENTURA
  • District: 00 - VENTURA
  • Laundry Features: Laundry Room
  • Laundry:Laundry Room: Yes
  • Heating: Wall Furnace
  • View: None
  • Cooling: None
  • Common Walls: Detached/No Common Walls
  • Community Features: Urban
  • Cooling: No
  • Fencing: None
  • Heating: Yes
  • Pool Features: None
  • Pool: No
  • Spa Features: None
  • Fireplace: No
  • Year Built Numeric: 1958
  • Main House SqFt: 4656.0
  • Stories Total: 2
  • Building Area Total: 4656.0
Taxes and HOA Information
  • Association: No
  • Parcel Number: 079-0-031-400
  • Association Fee: $.00
Condo/Co-op/PUD
  • CondoCO-OPPUD:Association Fee: $.00
Parking/Garage
  • Total # Garage Spaces: 6.00
  • Open Parking Spaces: 6.00
  • Parking Features: Garages
  • Garages: Yes
  • Parking Info:Garages: Yes
  • Parking Info:Total # Unconvered Spaces: 6.00
Miscellaneous
  • Miscellaneous:Parking Spaces: 6.00
Room Info
Room Info
  • Total Bathrooms: .00
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
Location Info
Location Info
  • Directions: College & Telegraph
  • Lot Features: Sprinklers None
Neighborhood/Schools
  • Elementary School: Other
  • Junior High School: Other
  • High School: Other
  • NeighborhoodSchools:Elementary School: Other
  • NeighborhoodSchools:Junior High School: Other
  • NeighborhoodSchools:High School: Other
Property / Assessor Information
Property / Assessor Info
  • Foundation Details: Raised
  • Lot Size Square Feet: 9583.0
  • Lot Size Area: 9583.0
  • PropertyAttachedYN: No
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Property Type Label: Res Inc
  • Senior Community YN: No
  • Foundation:Raised: Yes
  • Property Information:Realtor.com Type: Multi-Family
  • Property Information:Year Built: 1958.0
Utility Info
  • Meters:Sep Meter Elec: Y
  • Meters:Sep Meter Gas: No
Income / Expense Info
Income / Expense Info
  • Income/Expenses:Gross Rent Multiplr: 13.7
  • Income/Expenses:Capitalization Rate: 4.6
  • Income/Expenses:Electric Expense: $0
  • Income/Expenses:Trash Expense: $0
  • Income/Expenses:Total Annual Exp: $51,115.00
  • Income/Expenses:NOI: 91766
  • Income/Expenses:Total Monthly Income: $12,275
  • Income/Expenses:Other Income: $100
  • Income/Expenses:Annual Income: $147,300
  • Gross Income: $147,300
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Gas Expense: $0
  • Water Expense: $0
  • OperatingExpense: $51,115
Unit Info
Unit Info
  • Number Of Units Total: 6
Unit 1 Info
  • Unit 1:# Units: 6
  • Unit 1:# Bedrooms: 2
  • Unit 1:# Baths: 1
  • Unit 1:# Half Baths: 0
  • Unit 1:Furnished: N
  • Unit 1:Rent: $12,175.00
  • Unit 1:Monthly Total: $12,175.00
Rental
Rental Information
  • Total Actual Rent: $12,275

Property History for Restricted Address

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for Restricted Address

Taxable ValueLand$281,756Additions$350,637Total$632,393
Tax Record2024$7,013 ($584 / month)
Home Facts
Total Finished SqFt4,656 SqFtAbove Grade Finished SqFt4,656 SqFtLot Size9,583 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningR3-1CountyVENTURAAPN079-0-031-400

Schools near Restricted Address

This home is within Ventura Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elmhurst Elementary School
PublicK to 5

Anacapa Middle School
Public6 to 8

Ventura High School
Public9 to 12

Pacific High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beachside Partners, Jason Liehr, DRE #02152826; Beachside Partners, Nick Henry, DRE #01748131

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.