6418 Hummingbird Street, Ventura CA, 93003

Active

6418 Hummingbird Street

Ventura CA, 93003

$2,100,000

Active

Residential

Built in 1973

Listed by Craig Lieberman with Apartment Investment Specialis (805) 320-6646

This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.

V1-26685

MLSⓇ ID

November 11, 2024

Listed

December 5, 2024

Updated

Map

6418 Hummingbird Street
Ventura CA, 93003

Interior Features

Laundry Description: Laundry Room
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.18 Acres
Lot Features: Sprinklers None

Other Property Details

Days on Market: 23
Garage: Yes
Garage Spaces: 7
Parking: Garage
Parking Total: 7
View: No
View Description: None
County: Ventura
Pool: No
Pool Features: None

Listing Contact: (805) 320-6646

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 1:41 PM UTC