Active

100 E Center St

Ventura CA, 93001

$4,499,000


$569.13 per sqft

Active

20 Beds

12 Baths

7,905 sqft

Multi-family

Built in 1964

Price Reduction! - 5.50% Going In Cap Rate. Highest Actual Cap Rate for Multifamily property in entire County as of list date. 12.49 GRM. 2022 Completely Renovated Units, Roof, Windows, Paint, Plumbing and more. 1 minute to downtown Ventura; 1 mile to the ocean. Value Add potential with (3) Garage to ADU conversions, buyer to verify. 7.50% Pro Forma Cap Rate. (12) current total units: Unit Mix: (9) 2+1's; (2) 1+1's; (1) Studio. All units are occupied; tenant belongings have been digitally removed from interior photos. *Drive by only, do not disturb tenants.* Marketing Package is in the documents.

24-412303

MLS ID

July 8, 2024

Listed

September 13, 2024

Updated

Map

100 E Center St
Ventura CA, 93001

Interior Features

Total Stories

2


Bedrooms

20


Total Bathrooms

12


Interior Features

Turnkey, High Ceilings (9 Feet), Beamed Ceiling(s)


Appliances

Range/Oven


Laundry Description

Laundry Area


Floor Description

Tile, Vinyl Plank


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.34 Acres

Other Property Details

Area Name

West of California to City Limits


Days on Market

49


Garage

Yes


Garage Spaces

12


Parking

Tandem, Private Garage, Uncovered


Parking Total

24


View

Yes


View Description

Mountains


County

Ventura


Water Source

Public


Pool

No


Pool Features

None


Zoning

R-3-5

Listing History

Date

Event

Price

8/26/2024

Price change

$4,499,000

-3%

Listed by Seth Dailey with Exp Commercial of California, Inc.
Listing Contact: 805-722-4031 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Denise Gieser | CA DRE# 01935739 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

Powered byLuxury Presence