Address
732 E Santa Clara Street Ventura, CA
Price
$ 6,250,000
Property Attributes
  • MLS#21763172
  • TypeContingent
  • CountyVENTURA
  • CityVentura
  • AreaCalifornia St. to Mills Rd
  • Zip93001
  • Style
  • Price$ 6,250,000
  • Bedrooms4
  • Full Bathrooms18
  • Half Bathrooms0
  • Sqr Footage14000
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
John Katnik with James Capital Advisors, Inc. - 310-956-2291
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

We are pleased to present this turnkey investment opportunity located in the heart of downtown Ventura. The opportunity provides a rare chance to own in the best area of the city walkable to many restaurants & retail. In the past 4 years, the property has been fully renovated from top to bottom with all units redone. The buildings compromise of 36 total units and the mix consisting of eighteen (18) single room occupancy (SRO) units, fourteen (14) bachelor / 1 bath units, two (2) large bachelor / 1 bath units, and two (2) 2 bed / 1 bath units. The 18 SRO units share six common area bathrooms. Four of the bathrooms include a toilet and sink and two bathrooms include a shower, toilet and sink. Throughout Covid-19, the ownership has received 100% rent collection. Apartment inventory is very low in Ventura so this opportunity provides a chance to break into one of the best areas of the city. The city of Ventura also allows short term rentals allowing for much higher rents and flexibility. Tenant amenities include on-site laundry (4 dryers / 4 washers), a garden and a greenhouse in the back of the property.

Price History
7/21/2021 Listed $6,250,000

General Features

Appliances Dryer, Washer
Garage Spaces 4
Garage Y/N Yes
Listing Agent John Katnik - BRE#02002695
Listing Agent State License 02002695
Lot Size Square Feet 15000
MLS Area VC24 - California St. to Mills Rd
Pool Features None
Property Type Residential Income
PropertyCondition Updated/Remodeled
Senior Community Y/N No
Spa Features None
Special Listing Conditions Standard
Status Active Under Contract
Total Units 36
Zoning DC

Exterior Features

Lot Size Acres 0.34
Lot Size Area 15000
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 3
Parking Features Garage
Total Parking 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 93001

Price
AVG $6.05M
$6.25M
Visits
AVG 46
125
Year Built
AVG 1961
1925
Walkscore
AVG 48
91
Data Provided by Walkscore ® not using MLS data

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