Active

15 N Dos Caminos Avenue

Ventura CA, 93003

$2,495,000


$670.70 per sqft

Active

3,720 sqft

Residential

Built in 1954

Listed by Jason Liehr with Beachside Partners (805) 406-6463

Excellent opportunity to acquire a turnkey Ventura 6-unit apartment building at a 5.1% Cap rate on current rents located just blocks from Community Memorial Hospital. 15 N Dos Caminos features a 1954 built 4plex at front of property with all 2BD/1BA units and 2 newly built 1BD ADU apartments in rear. The ADUs, measuring about 400 SF apiece, offer stainless steel appliances, quartz countertops, wood laminate flooring, custom tiled bathrooms, laundry hookups, tankless water heaters and split system heater/AC units. The fourplex recently received new dual pane retrofit windows, exterior paint, new roof (2018), new water heaters and plumbing upgrades with most of the water system being repiped with pex pipe. There is a community laundry room with coin operated machines. Tenants pay all electricity and gas while owner pays water/sewer/trash. Tenant friendly location close to hospital, Trader Joes and Vons groceries, Pacific View Mall regional shopping center, Ventura College and St Bonaventure High School plus nearby beaches and easy freeway access. Don't miss this opportunity to own a hassle free multifamily asset at an incentivizing 5.1% cap rate in the coveted and under supplied housing market of Ventura.

V1-25548

MLS ID

September 4, 2024

Listed

October 17, 2024

Updated

Map

15 N Dos Caminos Avenue
Ventura CA, 93003

Interior Features

Total Stories

2


Appliances

Electric Range, Gas Range, Refrigerator, Water Heater


Laundry Description

Common Area


Floor Description

Carpet, Laminate


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Corner Lot, Sprinklers None


Roof

Composition


Sewer

Public Sewer

Other Property Details

Garage

No


Parking

Off Street


Parking Total

3


View

No


View Description

None


County

Ventura


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: (805) 453-5097 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/17/2024 at 1:47 PM UTC

 

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