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6325 Hummingbird Street

Ventura, CA 93003
  • $4,970,000
  • STATUS: Active
  • ON SITE: 121 Days
  • ID#: SB23229383
Price Reduced
$4,970,000
  • 0
    BEDS
  • 0.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Listing Agent(s): Mason Rowland of Keller Williams South Bay (310-375-3511)


Description

We are pleased to present the exclusive listing of this 13-unit property consisting of all two-story townhomes in the city of Ventura. Featuring a unique unit mix with great value-add potential, this property is situated on a 31,000 SQF lot comprising a complete side of a quiet cul-de-sac. Conveniently located just one mile away from Interstate 101 Freeway and The Ventura Shopping Center consisting of a Walmart, Trader Joes, LA Fitness and local restaurants. Highly attractive interest-only assumable financing available at 3.4% for the next 3 years leaving ample time to add significant value to the property and units. Link available with all property financials information!*This property is only subject to CA-AB 1482 Statewide Rent Control

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/146207255
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6325 Hummingbird Street Ventura, CA 93003

  • Price: $4,970,000
  • Status: Active
  • On Site: 121 Days
  • ID#: SB23229383
0
Beds
0
Baths
0
½ Baths
0.71
Acres
1973
Built
Neighborhood:
VTU - Ventura
County:
Ventura
Area:
VTU - Ventura
Property Description
We are pleased to present the exclusive listing of this 13-unit property consisting of all two-story townhomes in the city of Ventura. Featuring a unique unit mix with great value-add potential, this property is situated on a 31,000 SQF lot comprising a complete side of a quiet cul-de-sac. Conveniently located just one mile away from Interstate 101 Freeway and The Ventura Shopping Center consisting of a Walmart, Trader Joes, LA Fitness and local restaurants. Highly attractive interest-only assumable financing available at 3.4% for the next 3 years leaving ample time to add significant value to the property and units. Link available with all property financials information!*This property is only subject to CA-AB 1482 Statewide Rent Control
Exterior Features

Entry Level 1 Entry Location On Hummingbird Number Of Separate Electric Meters 13 Parking Total 15 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.56 Common Interest Community Apartment Community Features Curbs Contingency GUIDED WALKTHROUGHS AND INSPECTIONS ARE CONTINGENT ON AN ACCEPTED OFFER. Electric Expense 971 Fuel Expense 0 Garage YN Yes Gross Income 400804 Gross Scheduled Income 408984 Insurance Expense 4800 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to Existing Loan1031 Exchange Net Operating Income 250666 New Construction YN No Number Of Separate Gas Meters 13 Number Of Separate Water Meters 0 Operating Expense 150138 Property Sub Type Townhouse Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 15448 Water Source Public Zoning R3-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395
Listing Agent(s): Mason Rowland of Keller Williams South Bay (310-375-3511)