|
Price Reduction! - 5.50% Going In Cap Rate. Highest Actual Cap Rate for Multifamily property in entire County as of list date. 12.49 GRM. 2022 Completely Renovated Units, Roof, Windows, Paint, Plumbing and more. 1 minute to downtown Ventura; 1 mile to the ocean. Value Add potential with (3) Garage to ADU conversions, buyer to verify. 7.50% Pro Forma Cap Rate. (12) current total units: Unit Mix: (9) 2+1's; (2) 1+1's; (1) Studio. All units are occupied; tenant belongings have been digitally removed from interior photos. *Drive by only, do not disturb tenants.* Marketing Package is in the documents.
Last Updated | 8/26/2024 | Year Built | 1964 |
---|---|---|---|
Community | West of California to City Limits | Garage Spaces | 12.0 |
County | Ventura |
Price History
Prior to Aug 26, '24 | $4,600,000 |
---|---|
Aug 26, '24 - Today | $4,499,000 |
Additional Details
AIR | None |
---|---|
APPLIANCES | Gas Cooktop, Gas Oven |
AREA | West of California to City Limits |
GARAGE | Garage, Private, Tandem, Uncovered, Yes |
HEAT | Wall Furnace |
INTERIOR | Beamed Ceilings, High Ceilings |
LOT | 0.34 acre(s) |
PARKING | Garage,Private,Tandem,Uncovered |
POOL DESCRIPTION | None |
STORIES | 2 |
VIEW | Yes |
VIEW DESCRIPTION | Mountain(s) |
ZONING | R-3-5 |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.