$11,914,000
$12,000,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
1.13 Acres Lot
SOLD DATE : 12/03/2021
Key Details
Sold Price $11,914,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21783196
Sold Date 12/03/21
Construction Status UpdatedRemodeled
HOA Y/N No
Year Built 1966
Lot Size 1.134 Acres
Property Description
Cap Rate 4.40% NOI $528,589 Newly renovated in 2020! Impeccably remodeled apartment complex with large units, walking distance to Ventura Beaches. Excellent attention to details and long lasting quality upgrades and finishes. Highly desirable location in nice neighborhood, near amenities, parks, beaches, shopping, restaurants, businesses and easy freeway access. Walking distance to the Ventura Pacific View Mall and a short bike ride to Ventura Beach. Desirable unit Mix: 12 1Bd/1Ba, 12 2Bd/1Ba, 8 2Bd/1.5Ba. Fully renovated courtyard, finished with outdoor dining, pergola, BBQ access, bocce pit, croquet and lounge seating. Some units have ocean and hillside views. All leases on RUBS Program. **Please do not walk on the property or disturb tenants. Inspection subject to an accepted offer.**
Location
State CA
County Ventura
Area Vc24 - California St. To Mills Rd
Zoning R3-2
Interior
Interior Features CeilingFans
Heating ForcedAir, NaturalGas
Cooling None
Flooring Vinyl
Fireplace No
Exterior
Parking Features Covered
View Y/N Yes
View Hills, Ocean
Total Parking Spaces 50
Building
Story 3
New Construction No
Construction Status UpdatedRemodeled
Others
Senior Community No
Tax ID 0750350045
Security Features CarbonMonoxideDetectors,ResidentManager,SmokeDetectors
Special Listing Condition Standard
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Bought with Brian Glen Barrios • Cooperation Capital Group, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States