852 N Ventura Ave

Ventura, CA 93001
  • $2,385,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 4,664

    SqFt

About the Listing VV8747 - V211503120

Built in 1926, this 11-unit apartment property situated on a 12,196 square-foot parcel, contains unique individual 425 square-foot one-bedroom - one-bathroom 'casita' units that are separately metered for gas and electricity with grass-groomed central courtyard surrounded by decorative perimeter fencing providing its tenant community with a comfortable private environment, and located adjacent to the new Kellogg Park. The roofs were replaced on each individual structure in 2019 that has a transferable 7-year labor and 30-year manufacturer's warranty. In 2022, the exterior of all buildings was painted. These updates have contributed to the much younger effective age of this property than its chronological age. Significant financial highlights for this property are its GRM and Price-Per-Unit, both of which are among the lowest compared to recent sales, making this property's metrics financially compelling to investors hoping to maximize cash flow.

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® V1-34456
Year Built 1926
Total Square Footage 4,664
Lot/Acreage 0.28

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances: Refrigerator, Gas Oven
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Sprinkler System,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 11
  • Roof: Composition,Shingle
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0710031120
  • Tax Year: N/A

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Questions About..

852 N Ventura Ave Ventura, CA 93001

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Originating MLS: CA_CRISNET

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