Restricted Address
$2,100,000
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Description
This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout,...This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.
- Listed by Craig Lieberman • DRE #00682741 • Apartment Investment Specialists
Property Details for Restricted Address
Zoning
Other
Zoning:OtherYes
Location Info:Cross StreetPeacock Avenue
Property Information:Recurring FeesNo
LISTING UPDATED: 11/11/2024 02:46 PM
Property Details for Restricted Address
Status | Active |
---|---|
MLS # | 24-3704 |
Days on Market | 40 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1973 |
Lot Size | - |
County | Ventura County |
Building Information for Restricted Address
Stories-Residences7Year Built1973Building Size-Lot Size-
Property Information for Restricted Address
Property History for Restricted Address
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for Restricted Address
Taxable ValueLand$378,569Additions$985,492Total$1,364,061
Tax Record2024$14,916 ($1,243 / month)
Home Facts
Total Finished SqFt5,298 SqFtAbove Grade Finished SqFt5,298 SqFtLot Size7,840 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningR3-2CountyVENTURAAPN135-0-172-020
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 - | K to 5 |
Rating | School | Distance |
---|---|---|
Montalvo Elementary School PublicK to 5 | ||
Anacapa Middle School Public6 to 8 | ||
Ventura High School Public9 to 12 | ||
Mound Elementary School PublicK to 5 |
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.
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