10970 Del Norte Street

    Ventura, CA 93004
    • $5,600,000
    • STATUS: Active
    • ON SITE: 92 days
    • ID#: 18377364
    UPDATED: 47 min ago
    $5,600,000
    • 0
      BEDS
    • 0.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,514
      SQFT
    • $339
      $/SQFT
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    We are pleased to present an excellent investment opportunity located in the city of Ventura. This property is centrally located near schools, parks, shopping, restaurants, freeways, banks, bus transportation, post office, parks, etc. The property is also just off Highway 126 and the 101 Freeway, within minutes of the Ventura State Beach, the Pacific Ocean and a variety of amenities. Unit mix consists of twenty four 1 BD/1 BA and four townhouse style 1 BD/1 BA. Very low maintenance and expenses=great cash flow for investors. Low price per door and room for upside! City of Ventura has no rent-control! Please see private remarks to speak with listing agent.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T14:32:03.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86702077

    10970 Del Norte Street Ventura, CA 93004

    • Price: $5,600,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 18377364
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.78
    Acres
    16,514
    SQFT
    $339
    $/SQFT
    1977
    Built
    Neighborhood:
    VC27 - Kimball Rd. East to City Limit
    County:
    Ventura
    Area:
    VC27 - Kimball Rd. East to City Limit
    Property Description
    We are pleased to present an excellent investment opportunity located in the city of Ventura. This property is centrally located near schools, parks, shopping, restaurants, freeways, banks, bus transportation, post office, parks, etc. The property is also just off Highway 126 and the 101 Freeway, within minutes of the Ventura State Beach, the Pacific Ocean and a variety of amenities. Unit mix consists of twenty four 1 BD/1 BA and four townhouse style 1 BD/1 BA. Very low maintenance and expenses=great cash flow for investors. Low price per door and room for upside! City of Ventura has no rent-control! Please see private remarks to speak with listing agent.
    Exterior Features

    Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features CommunitySee Remarks

    Property Features

    Association Amenities Pool Association YN Yes Cap Rate 4.90 Gross Multiplier 13.20 Gross Operating Income 420180.00 Improvements Amount 1345653 Land Value 515705 Laundry YN Yes Net Operating Income 273348.00 Special Listing Conditions Standard Total Expenses 136987.00 Zoning R3-2

    Listing provided courtesy of Daniel Shamooelian of Brc Advisors.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T14:32:03.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    Irvine CA, 92604