$630,000
$649,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
81 W Ramona ST Ventura, CA 93001
0.25 Acres Lot
Key Details
Sold Price $630,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other - 0011
MLS Listing ID V0-13008831
Sold Date 08/08/13
HOA Y/N No
Year Built 1928
Lot Size 10,890 Sqft
Acres 0.25
Property Description
▶▶▶A cash cow has arrived◀◀◀ 5 detached single-family cottages, each with separate addresses, located on one lot with below-market-value rents. The property features ◢◢3x[2 bedroom 1 bath] & 2x[1 bedroom 1 bath] homes with a current gross annual income of $60,600.◣◣ Owner pays water (common meter). Tenants pay all other utilities (separate gas & electrical meters). Per City, the property is connected to the sewer. All tenants are on month-to-month agreements. Improvements since 2004 include: Roof replacements for units 83, 85, 87, water heaters in multiple units, all bathrooms & kitchens updated, and replacements for many doors & windows. Water-supply lines have been mostly replaced with copper. Approximately 7 on-site parking spots available. 4 units have laundry. ◈◈Please DO NOT disturb the tenants -- no sign on property -- all offers must be subject-to inspection.◈◈
Location
State CA
County Ventura
Area Vtu - Ventura
Zoning RPD-15U
Interior
Heating NaturalGas, WallFurnace
Cooling None
Flooring Laminate
Fireplace No
Appliance GasWaterHeater
Exterior
Garage OneSpace
Garage Spaces 7.0
Garage Description 7.0
Utilities Available SewerConnected, WaterConnected
Roof Type Composition,Shingle
Accessibility NoStairs
Parking Type OneSpace
Total Parking Spaces 7
Building
Lot Description RectangularLot
Faces South
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 0710022200
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Special Listing Condition Standard
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Bought with Non Member • Non Member Office