Property Listing No Longer Available for Sale

2853 Harbor Blvd, Ventura, CA

Multi-family for Sale - $1,325,000 - 4,681 Sq. Ft.


Property Info

CIMLS#761908
Location
  2853 Harbor Blvd
  Ventura CA 93001
UpdatedDecember 2nd, 2014
TypeMulti-family
Price$1,325,000
Building4,681 Sq. Ft.

Property Description

4 Units Total

3 of the Units are two stories with living room, kitchen and half bath downstairs. 2 bedrooms and full bath on second floor. (2+1.5)

One unit is 1 level, but on 2nd floor. Living room and kitchen in center of unit with 1 bedroom and 1 full bath on each side. (2+2).

All 4 units have 1 car garage. Laundry room with coin operated machines.

Agent Remarks: All four units are currently rented and are on month to month leases. 2 of the units are being rented at $1,395 and 2 are being rented at $1,450. Other rentals in this area of this size are currently being rented for $1,800 to $2,300 (craigslist Nov 20th, search Ventura beach). Please do not disturb tenants. Call agent for more information.

The most conservative residential income CMA currently possible, places the value at $303 a square foot

Contact agent for more details


Financials

Expenses were 16,253 in 2013 including taxes

Income should be at least 86,400 a year based on rent survey of area.