$11,914,000
$12,000,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
24,904 SqFt
SOLD DATE : 12/03/2021
Key Details
Sold Price $11,914,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 24,904 sqft
Price per Sqft $478
MLS Listing ID 21-783196
Sold Date 12/03/21
Construction Status Updated/Remodeled
Year Built 1966
Lot Size 1.134 Acres
Acres 1.1338
Property Sub-Type Multi-Family
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 California St. To Mills Rd
Zoning R3-2
Rooms
Other Rooms None
Interior
Heating Forced Air, Natural Gas, Wall Gas
Cooling None
Flooring Vinyl
Equipment Ceiling Fan, Range/Oven
Laundry Laundry Area
Exterior
Parking Features Covered Parking
Garage Spaces 50.0
View Y/N Yes
View Ocean, Hills
Roof Type Flat
Building
Story 3
Water Meter on Property, District
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard
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Bought with Cooperation Capital Group, Inc.
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