15 N Dos Caminos AVE Active Save Request In-Person Tour Request Virtual Tour
Ventura,CA 93003
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ventura: Other - 0024
MLS Listing ID V1-25548
Year Built 1954
Lot Size 6,534 Sqft
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
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
Building
Lot Description Corner Lot,Sprinklers None
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard