Ventura, CA 93001,1829 Ocean AVE

$2,525,000

Est. payment /mo

$2,900,000

12.9%
Est.Price: ?

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1829 Ocean AVE Ventura, CA 93001

0.6 Acres Lot

SOLD DATE : 03/03/2020

Key Details

Sold Price $2,525,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Buena Place - 0230

MLS Listing ID V0-219012993

Sold Date 03/03/20

HOA Y/N No

Year Built 1927

Lot Size 0.600 Acres

Property Description

Value-add 7 Unit multifamily property! All 2-bedroom, 1 bath units.Each unit is approximately 780 sq. ft. and comes with individualwasher/dryer hookups and a detached, fully enclosed, one cargarage. Tenant pays for all utilities including water. 3 units haveundergone extensive renovations, with rents reflectingimprovements. Property stays fully occupied year-round to provide asound investment with significant upside potential should buyercontinue with renovation program. This over-sized property lotboasts near 26,000 sq. ft., much larger than nearby property lots,offering excellent future development potential.

Location

State CA

County Ventura

Zoning R3-5

Interior

Flooring Carpet, Laminate

Fireplace No

Appliance NoHotWater

Exterior

Garage Spaces 1.0

Garage Description 1.0

Total Parking Spaces 1

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 0750081170

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Trade

Special Listing Condition Standard

Lease Land Yes

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California Regional MLS (CRMLS)
Listed by Patrick Burris • PAB Companies, Inc
Bought with Lee Jensen • New Beginnings Realty

Tari Haberfield

Agent | SCKELLWILL01918524

+1(805) 234-6882

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