$1,355,000
$1,375,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
4,791 Sqft Lot
SOLD DATE : 10/09/2024
Key Details
Sold Price $1,355,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-25513
Sold Date 10/09/24
HOA Y/N No
Year Built 1926
Lot Size 4,791 Sqft
Property Description
The property has (2) 1-BD / 1 BA units (1943 & 1947 Channel Drive), and (1) studio unit (480 S Santa Cruz Street). With one vacant unit, this would be ideal for a buyer wishing to live in one unit and rent the others. Extensive renovations have been completed on interiors and property had a new roof and vinyl windows throughout installed (see Offering Memorandum ('OM') for renovation summary and photos), making this a completely turnkey investment. 1943 Channel Drive has its own laundry room and will be delivered vacant. The 1947 unit has laundry hookups located in the backyard, with a lease that runs thru 3/25 ($2,440/mo.). The studio unit, the former garage, is permitted, and has been leased since 2020 with monthly rent of $1,999. All three units have been upgraded (see OM), with each unit having its own backyard and the Channel Drive units benefitting from a fenced front yard.
Location
State CA
County Ventura
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Oven
Laundry None
Exterior
Parking Features None
Fence Wood
Pool None
Community Features Street Lights, Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description Sprinklers None
Others
Senior Community No
Tax ID 0750132110
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Trade
Special Listing Condition Standard
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Bought with Non Member • Unknown Agency
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