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.
Property Details
Price:
$2,495,000
MLS #:
V1-25548
Status:
Active
Baths:
0
Address:
15 N Dos Caminos Avenue
Type:
Residential Income
Subdivision:
Ventura: Other – 0024
City:
Ventura
Listed Date:
Sep 3, 2024
State:
CA
ZIP:
93003
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1954
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Refrigerator, Water Heater, Gas & Electric Range
Cooling
None
Fireplace Features
None
Flooring
Carpet, Laminate
Heating
Central
Window Features
Double Pane Windows
Exterior
Community Features
Biking, Watersports, Park, Foothills, Curbs
Fencing
Wood
Foundation Details
Slab
Garage Spaces
0.00
Lot Features
Corner Lot, Sprinklers None
Parking Features
Off Street
Parking Spots
3.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address15 N Dos Caminos Avenue Ventura CA
- SubdivisionVentura: Other – 0024
- CityVentura
- CountyVentura
- Zip Code93003
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Courtesy of Beachside Partners. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
15 N Dos Caminos Avenue
Ventura, CA
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