for sale - 5 units (front house + 4 units) 1820 - 1824 ... · 1820 - 1824 ocean avenue, ventura, ca...

7
Brian Barrios - Multi-Family Specialist Ph: (805) 914-3435 · Email: [email protected] 1000 Towne Center Dr, Suite 300, Oxnard CA 93003 Cooperation Capital Group, Inc. www.ccgapartments.com Unparalleled Results Since 2005. Broker - BRE 01523388 Site Address 1820 - 1824 Ocean Avenue Property Type Multi-Family w/Front House List Price Price/Unit Price/Sq Ft $488.55 (Estimated) Number of Units 5 Units Unit Mix Front House 2B/1Ba, 4plex: 1B/1Ba (2), studios (2) Annual Income $81,720 Year Built 1981 Building Sq Ft 2,620 (Estimated) Lot Sq Ft 12,619 Laundry Yes APN 075-0-131-070 Parking Carport CSO 2.50% Conveniently located near Ventura beaches in a strong rental market. Great unit mix with below market rents. San Buenaventura State Beach is only a 5 minute drive or bike ride. Easy access to 101 freeway. Many nearby parks, restaurants and shops. FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 Ocean Avenue, Ventura, CA 93001 Excellent investment opportunity or potential to live on site in front house with fourplex income from back. ***PLEASE DO NOT DISTURB TENANTS*** $1,280,000 $256,000 ***PLEASE DO NOT WALK ON PROPERTY*** This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.

Upload: others

Post on 26-Jun-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 ... · 1820 - 1824 Ocean Avenue, Ventura, CA 93001 This information was obtained from sources deemed reliable, though we make

Brian Barrios - Multi-Family SpecialistPh: (805) 914-3435 · Email: [email protected]

1000 Towne Center Dr, Suite 300, Oxnard CA 93003

Cooperation Capital Group, Inc. www.ccgapartments.comUnparalleled Results Since 2005. Broker - BRE 01523388

Site Address 1820 - 1824 Ocean AvenueProperty Type Multi-Family w/Front HouseList PricePrice/UnitPrice/Sq Ft $488.55 (Estimated)Number of Units 5 UnitsUnit Mix Front House 2B/1Ba,

4plex: 1B/1Ba (2), studios (2)Annual Income $81,720Year Built 1981Building Sq Ft 2,620 (Estimated)Lot Sq Ft 12,619Laundry YesAPN 075-0-131-070Parking CarportCSO 2.50%

Conveniently located near Ventura beaches in a strong rental market. Great unit mix with below market rents.San Buenaventura State Beach is only a 5 minute drive or bike ride. Easy access to 101 freeway. Many nearby parks,

restaurants and shops.

FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS)1820 - 1824 Ocean Avenue, Ventura, CA 93001

Excellent investment opportunity or potential to live on site in front house with fourplex income from back.

***PLEASE DO NOT DISTURB TENANTS***

$1,280,000$256,000

***PLEASE DO NOT WALK ON PROPERTY***

This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.

Page 2: FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 ... · 1820 - 1824 Ocean Avenue, Ventura, CA 93001 This information was obtained from sources deemed reliable, though we make

Brian Barrios - Multi-Family SpecialistPh: (805) 914-3435 · Email: [email protected]

1000 Towne Center Dr, Suite 300, Oxnard CA 93003

Cooperation Capital Group, Inc. www.ccgapartments.comUnparalleled Results Since 2005. Broker - BRE 01523388

Officially the City of San Buenaventura is seated in the heart of Ventura County, locatedamong beautiful undeveloped hills and free-flowing rivers. This beach city has a robust anddiverse economy built upon health care, retail, oil, tourism, high-tech and localinfrastructure. The Ventura County Fairgrounds frequently host concerts, festivals,musicians, and fairs throughout the year. Many locals and tourists seek out the outstandingsurfing conditions along the shoreline. Ventura Harbor is tourist favorite and home to TheChannel Islands National Park Headquarters, with regular boat departures to the ChannelIslands. [cityofventura.net]

City of Ventura

AERIAL VIEW & PARCEL MAP1820 - 1824 Ocean Avenue, Ventura, CA 93001

This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.

Page 3: FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 ... · 1820 - 1824 Ocean Avenue, Ventura, CA 93001 This information was obtained from sources deemed reliable, though we make

Brian Barrios - Multi-Family SpecialistPh: (805) 914-3435 · Email: [email protected]

1000 Towne Center Dr, Suite 300, Oxnard CA 93003

Cooperation Capital Group, Inc. www.ccgapartments.comUnparalleled Results Since 2005. Broker - BRE 01523388

EXTERIOR PROPERTY1820 - 1824 Ocean Avenue, Ventura, CA 93001

This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.

Page 4: FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 ... · 1820 - 1824 Ocean Avenue, Ventura, CA 93001 This information was obtained from sources deemed reliable, though we make

Brian Barrios - Multi-Family SpecialistPh: (805) 914-3435 · Email: [email protected]

1000 Towne Center Dr, Suite 300, Oxnard CA 93003

Cooperation Capital Group, Inc. www.ccgapartments.comUnparalleled Results Since 2005. Broker - BRE 01523388

FRONT HOME INTERIOR - 2 BED / 1 BATH1820 - 1824 Ocean Avenue, Ventura, CA 93001

This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.

Page 5: FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 ... · 1820 - 1824 Ocean Avenue, Ventura, CA 93001 This information was obtained from sources deemed reliable, though we make

Brian Barrios - Multi-Family SpecialistPh: (805) 914-3435 · Email: [email protected]

1000 Towne Center Dr, Suite 300, Oxnard CA 93003

Cooperation Capital Group, Inc. www.ccgapartments.comUnparalleled Results Since 2005. Broker - BRE 01523388

UNIT 4 UPSTAIRS - 1 BED / 1 BATH1820 - 1824 Ocean Avenue, Ventura, CA 93001

This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.

Page 6: FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 ... · 1820 - 1824 Ocean Avenue, Ventura, CA 93001 This information was obtained from sources deemed reliable, though we make

Brian Barrios - Multi-Family SpecialistPh: (805) 914-3435 · Email: [email protected]

1000 Towne Center Dr, Suite 300, Oxnard CA 93003

Cooperation Capital Group, Inc. www.ccgapartments.comUnparalleled Results Since 2005. Broker - BRE 01523388

UNIT 2 DOWNSTAIRS - 1 BED / 1 BATH1820 - 1824 Ocean Avenue, Ventura, CA 93001

This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.

Page 7: FOR SALE - 5 UNITS (FRONT HOUSE + 4 UNITS) 1820 - 1824 ... · 1820 - 1824 Ocean Avenue, Ventura, CA 93001 This information was obtained from sources deemed reliable, though we make

Brian Barrios - Multi-Family SpecialistPh: (805) 914-3435 · Email: [email protected]

1000 Towne Center Dr, Suite 300, Oxnard CA 93003

Cooperation Capital Group, Inc. www.ccgapartments.comUnparalleled Results Since 2005. Broker - BRE 01523388

Property Details Rent RollNumber of Units: 5Price: $1,280,000Price Per Unit: $256,000Price/Sq Ft: $489 House 2 bed / 1 bath 720 $1,795 $1,950Year Of Construction: 1981 Unit 1 Studio 400 $1,100 $1,250Building Size (estimated): 2,620 Unit 2 1 bed / 1 bath 550 $1,450 $1,650Lot Size: 12,619 Unit 3 Studio 400 $965 $1,250A.P.N.: 075-0-131-070 Unit 4 1 bed / 1 bath 550 $1,450 $1,650

Laundry $50 $50

ParkingCovered: Carport 3 + 2 Monthly Income $6,810 $7,800Uncovered: 2 Annual Income $81,720 $93,600

Individual Metering Notes:Electric: YesGas: Yes Three tenants on month-to-month lease.Water: No

Unit #2 lease expires 9/12/2019.

ExpensesReal Estate Taxes $13,500 Unit #4 lease expires 4/23/2020.Insurance $1,180Electric & Gas $90Water/Sewer $2,131Refuse Removal $1,749Landscape $1,020

Number ofUnits

RENT ROLL & EXPENSES1820 - 1824 Ocean Avenue, Ventura, CA 93001

Unit Type ApproximateUnit Sq Ft Current Rent

***PLEASE DO NOT WALK ON PROPERTY***

***PLEASE DO NOT DISTURB TENANTS***

Market Rent

This information was obtained from sources deemed reliable, though we make no guarantee, warranty or representation. It is your duty to thoroughly and independently confirm accuracy and completeness.