15 N Dos Caminos Avenue, Ventura, CA 93003
- $2,495,000
- List Price
- $2,495,000
- Status
- ACTIVE
- MLS#
- V1-25548
- Year Built
- 1954
- Lot Size
- 6,534
- Acres
- 0.15
- Lot Location
- Corner Lot, Sprinklers None
- Days on Market
- 30
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- Ventura: Other - 0024
Property Description
Excellent opportunity to acquire a turnkey Ventura 6-unit apartment building at a 5.1% Cap rate on current rents located just blocks from Community Memorial Hospital. 15 N Dos Caminos features a 1954 built 4plex at front of property with all 2BD/1BA units and 2 newly built 1BD ADU apartments in rear. The ADUs, measuring about 400 SF apiece, offer stainless steel appliances, quartz countertops, wood laminate flooring, custom tiled bathrooms, laundry hookups, tankless water heaters and split system heater/AC units. The fourplex recently received new dual pane retrofit windows, exterior paint, new roof (2018), new water heaters and plumbing upgrades with most of the water system being repiped with pex pipe. There is a community laundry room with coin operated machines. Tenants pay all electricity and gas while owner pays water/sewer/trash. Tenant friendly location close to hospital, Trader Joes and Vons groceries, Pacific View Mall regional shopping center, Ventura College and St Bonaventure High School plus nearby beaches and easy freeway access. Don't miss this opportunity to own a hassle free multifamily asset at an incentivizing 5.1% cap rate in the coveted and under supplied housing market of Ventura.
Additional Information
- Appliances
- Electric Range, Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling Description
- None
- View
- None
- Exterior Construction
- Drywall, Concrete
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $187,020
- Operating Expense
- 54307
Listing courtesy of Listing Agent: Jason Liehr (jason@beachsidepartners.com) from Listing Office: Beachside Partners.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.