1240 N Ventura Avenue, VENTURA, CA 93001
$2,725,000
Property Type:
Res Inc
Lot Size (sq. ft.):
29,691
Status:
Closed
Current Price:
$2,725,000
List Date:
9/12/2018
Last Modified:
9/15/2024
Description
Excellent opportunity to purchase a well located value add missed use property in Ventura. This building sits on over a half acre with excellent street store frontage and two large parking lots. The first floor is composed of 6 commercial spaces and the second level is residential.
More Information MLS# 18-3338
Location Info
Country: US
Cross Street: Main
District: 00 - VENTURA
Street #: 1240
Dir: N
Street Name: Ventura
Street Suffix: Avenue
State: CA
Postal Code: 93001
County: Ventura
Parcel Number: 069-0-092-205
Contract Info
Buyers Agent $/%: 2
Current Price: $2,725,000
Price: 3200000
Begin Date: 2018-09-11
Status: Closed
Property Information
Year Built: 1929
Apx Lot SqFt: 29691
Recurring Fees: No
Number of Units: 39
Neighborhood/Schools
Elementary School: Other
Junior High School: Other
High School: Other
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Unit 1
# Units: 19
# Bedrooms: 19
# Baths: 3
# Half Baths: 0
Furnished: N
Rent: 11850
Monthly Total: 33500
Income/Expenses
Total Monthly Income: 33500
Annual Income: 402000
Gross Rent Multiplr: 8.29
Capitalization Rate: 6.17
Vac Factor: 4
Unit 2
# Units: 12
# Bedrooms: 0
# Baths: 12
Furnished: N
Monthly Total: 13450
Zoning
Other: 1
Terms
Cash: 1
OTHER/CLA: 1
Listing Type
ER: 1
Unit 3
# Units: 2
# Bedrooms: 2
# Baths: 2
Furnished: N
Monthly Total: 1800
Unit 4
# Units: 6
# Bedrooms: 0
# Baths: 6
Furnished: N
Rent: 5900
Monthly Total: 5900
Pub Listing Details
None: 1
Status Information
Sold Date: 2019-04-03
Sold Price: $2,725,000
Under Contract Date: 2018-11-29
Property Features
Zoning: Other
Terms: Cash; OTHER/CLA
Listing Type: ER
Pub Listing Details: None
Listing Office:
Radius Group Commercial R.E.
Last Updated: September - 15 - 2024
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