$2,525,000
$2,900,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
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
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Bought with Lee Jensen • New Beginnings Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "