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Key Details
Sold Price $660,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ventura Ave - 1001402
MLS Listing ID V0-216015349
Sold Date 12/28/16
HOA Y/N No
Year Built 1985
Property Description
Gross Pro-forma cap rates in the 9-10%!!! Your Bungalow-style duplex awaits you. Enjoy mountain views and Channel Island views from your kitchen. Property is in great cosmetic condition, well-cared for by owner. Exterior front panels redone/painted by owner. Frontage has home-like curbside appeal with after some yardwork. Your return on investment as a landlord: excellent. The front-unit is a 4 bed, 1.75 bath with ~1500 SF of space. The Back-unit is a 3 bed, 1 bath with ~1000 SF. Currently, the front unit is rented as a split between a 3 bed, 1 bath for $1200/mo, and 1 bed, 3/4 bath for $750/mo. Back unit is owner-occupied, on 2nd floor. Ample parking with 4 garage spaces (2 two-car garages), and a large driveway. 2 bedroom rentals averaging at $1997/mo in Ventura, per Rent Jungle. Nearly
Location
State CA
County Ventura
Area 699 - Not Defined
Zoning R2
Interior
Heating Central
Flooring Carpet, Laminate
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
View Y/N Yes
View Mountain(s)
Total Parking Spaces 4
Building
Entry Level One
Architectural Style Bungalow
Level or Stories One
Others
Tax ID 0690132280
Acceptable Financing Cash, FHA, VA Loan
Listing Terms Cash, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Kristofer Nguyen • Pacific View Realty, Inc
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