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Paul Young

[email protected] +1(949) 388-6888

$ 2,495,000

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15 N Dos Caminos AVE Ventura, CA 93003

3,720 SqFt

UPDATED:

09/30/2024 06:27 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,720 sqft

Price per Sqft $670

Subdivision Ventura: Other - 0024

MLS Listing ID V1-25548

Construction Status Turnkey

HOA Y/N No

Year Built 1954

Lot Size 6,534 Sqft

Acres 0.15

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.

Location

State CA

County Ventura

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Cooling None

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Appliance Electric Range, Gas Range, Refrigerator, Water Heater

Laundry Common Area

Exterior

Garage Off Street

Fence Wood

Pool None

Community Features Biking, Curbs, Foothills, Park, Water Sports

View Y/N No

View None

Roof Type Composition

Parking Type Off Street

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot, Sprinklers None

Story Two

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 0770033180

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jason Liehr • Beachside Partners • (805) 406-6463

Paul Young

Agent | H01433615

+1(949) 388-6888

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Paul Young

Paul Young

15 N Dos Caminos AVE Ventura, CA 93003

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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15 N Dos Caminos AVE