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    3098 Channel Dr

    Ventura, CA 93003
    • $12,000,000
    • STATUS: Active
    • ON SITE: 2 days
    • MLS #: 21-3450
    New On Site 2 Days Ago
    UPDATED: 50 min ago
    $12,000,000
    • 0
      BEDS
    • 1.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of Cooperation Capital Group, Inc.

    Description

    Cap Rate 4.40%NOI $528,589Newly renovated in 2020! Impeccably remodeled apartment complex with large units, walking distance to Ventura Beaches. Excellent attention to details and long lasting quality upgrades and finishes. Highly desirable location in nice neighborhood, near amenities, parks, beaches, shopping, restaurants, businesses and easy freeway access. Walking distance to the Ventura Pacific View Mall and a short bike ride to Ventura Beach. Desirable unit Mix: 12 1Bd/1Ba, 12 2Bd/1Ba, 8 2Bd/1.5Ba. Fully renovated courtyard, finished with outdoor dining, pergola, BBQ access, bocce pit, croquet and lounge seating. Some units have ocean and hillside views. All leases on RUBS Program. **Please do not walk on the property or disturb tenants. Inspection subject to an accepted offer.**

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    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-09-16T11:46:52.21. 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, 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. Data last updated 2021-09-16T11:46:52.21.
    www.theepsteinpartners.com/homes/121402089
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    3098 Channel Dr Ventura, CA 93003

    • Price: $12,000,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 21-3450
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.13
    Acres
    1966
    Built
    Neighborhood:
    Ventura
    County:
    Ventura
    Area:
    Ventura
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    Property Description
    Cap Rate 4.40%NOI $528,589Newly renovated in 2020! Impeccably remodeled apartment complex with large units, walking distance to Ventura Beaches. Excellent attention to details and long lasting quality upgrades and finishes. Highly desirable location in nice neighborhood, near amenities, parks, beaches, shopping, restaurants, businesses and easy freeway access. Walking distance to the Ventura Pacific View Mall and a short bike ride to Ventura Beach. Desirable unit Mix: 12 1Bd/1Ba, 12 2Bd/1Ba, 8 2Bd/1.5Ba. Fully renovated courtyard, finished with outdoor dining, pergola, BBQ access, bocce pit, croquet and lounge seating. Some units have ocean and hillside views. All leases on RUBS Program. **Please do not walk on the property or disturb tenants. Inspection subject to an accepted offer.**
    Exterior Features

    Parking Spaces 50.00

    Interior Features

    Heating Cooling A/C NoneGfa Laundry Bldg Unit1 Baths 1.00 Unit1 Bedrooms 1.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 2.00 Unit3 Baths 1.50 Unit3 Bedrooms 2.00

    Property Features

    Cross Street Valmore Ave Deposit 3.00 Income Expenses Actual Income Expenses Annual Income 757164.00 Income Expenses Capitalization Rate 4.40 Income Expenses Gross Rent Multiplier 15.96 Income Expenses NOI 528589 Income Expenses Total Annual Exp 205860.00 Income Expenses Vacancy Factor 3% Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Owner Provides None Terms Ctnl Unit1 Furnished No Unit1 Monthly Total 21252.00 Unit1 Rent 1771.00 Unit1 Units 12.00 Unit2 Monthly Total 24036.00 Unit2 Rent 2003.00 Unit2 Units 12.00 Unit3 Monthly Total 17384.00 Unit3 Rent 2173.00 Unit3 Units 8.00 Zoning Other

    Listing information © 2021 Santa Barbara MLS
    Listing provided courtesy of Cooperation Capital Group, Inc.



    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-09-16T11:46:52.21. 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, 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. Data last updated 2021-09-16T11:46:52.21.
     
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    Keller Williams
    1503 Chapala Street
    Santa Barbara CA, 93101
    Listing provided courtesy of Cooperation Capital Group, Inc.