$2,525,000
$2,900,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
1829 Ocean AVE Ventura, CA 93001
0.6 Acres Lot
Key Details
Sold Price $2,525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Buena Place - 0230
MLS Listing ID V0-219012993
Sold Date 03/03/20
HOA Y/N No
Year Built 1927
Lot Size 0.600 Acres
Property Description
Value-add 7 Unit multifamily property! All 2-bedroom, 1 bath units.Each unit is approximately 780 sq. ft. and comes with individualwasher/dryer hookups and a detached, fully enclosed, one cargarage. Tenant pays for all utilities including water. 3 units haveundergone extensive renovations, with rents reflectingimprovements. Property stays fully occupied year-round to provide asound investment with significant upside potential should buyercontinue with renovation program. This over-sized property lotboasts near 26,000 sq. ft., much larger than nearby property lots,offering excellent future development potential.
Location
State CA
County Ventura
Zoning R3-5
Interior
Flooring Carpet, Laminate
Fireplace No
Appliance NoHotWater
Exterior
Garage Spaces 1.0
Garage Description 1.0
Total Parking Spaces 1
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 0750081170
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Trade
Special Listing Condition Standard
Lease Land Yes
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Bought with Lee Jensen • New Beginnings Realty