$2,350,000
$1,990,000
18.1%For more information regarding the value of a property, please contact us for a free consultation.
177 N Kalorama ST Ventura, CA 93001
9,500 Acres Lot
Key Details
Sold Price $2,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ventura: Other
MLS Listing ID V1-10488
Sold Date 04/01/22
HOA Y/N No
Year Built 1965
Lot Size 9500.000 Acres
Acres 9500.0
Property Description
LOW RENTS / Projected rents $2,500+/unit. Current rents at $8240. Welcome to an incredible 4-unit apartment building with THREE 4-bedroom, 1.5-bath units (approx 1,300 sq ft each) and 1 3-bedroom, 1.5 bath unit (approx 1,200 sq ft each) all on an oversized over 9,500-square-foot lot with ENDLESS potential. More units? The city's liberal T4.1 Downtown Core zoning which could create an opportunity for more units. For example, some has thought to add an ADU, some have thought to add units, some have thought to start over and build courtyard housing, some have mentioned condo conversions, and others have said: Take the cash flow! Text your agent for current rents which may be low. SEPARATE electric / gas. Common water, common trash. Fully occupied. Buyer to verify ALL information - no information in this listing should be deemed guaranteed without buyer themselves verifying it. Subject to inspection. PLEASE DO NOT DISTURB TENANTS! DO NOT KNOCK ON DOORS. DO NOT STOP OUTSIDE. Unit 173 Renting for $2235 through Oct 31, 2022. Unit 177 N. Kalorama Street renting for $1905. Unit 895 renting for $2050 through July 31, 2022. Unit 891 renting for $2050 through May 31, 2022.
Location
State CA
County Ventura
Interior
Cooling None
Fireplaces Type None
Fireplace No
Exterior
Carport Spaces 4
Pool None
Community Features Park, Urban
View Y/N Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Sprinklers None
Story 2
New Construction No
Others
Senior Community No
Tax ID 0720108070
Acceptable Financing Item1031Exchange
Listing Terms Item1031Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Kaitlin Miller • Berkshire Hathaway HomeServices California Properties