This Multifamily Property is Off-Market.

109 East Ramona
Ventura, CA 93001 ·

4 Units · Multifamily For Sale

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109 East Ramona

Price N/A Gross Rent Multiplier 16.70
No. Units 4 No. Stories 1
Building Size 4,000 SF Year Built 1970
Property Type Multifamily Lot Size 9,147 SF
Property Sub-type Duplex/Triplex/Fourplex APN / Parcel ID 0710032220
Property Use Type Investment Parking Ratio 1 / 1,000 SF
Commission Split 2%
Listing ID: 14959364 Date Created: 01/17/2007 Last Updated: 03/12/2007

Description

MAJOR PRICED REDUCTION! One of the least expensive 4-plexes available in Ventura. Under 16 GRM!! Easy to manage dependable Ventura income property. Two seperate bungalow style buildings with 2-one bedroom units in each. Units updated with new paint/carpet. Tile kitchen and bathroom floors. Basic but clean landscaping. Four covered parking spots. Closeby to fire station, highschool, parks, shopping.
Call agent for expenses.

Property located off Highway 101 and HW 33 only a few miles from the ocean. Nearest Cross Street is Ventura Avenue. The city of Ventura is a strong rental market with vacancy rates holding steady around 3% and rental rates expected to increase 4-7% annually over the next 5 years.

Highlights

  • Low Maintenance
  • Great GRM
  • Low Vacancy
  • Covered Parking
  • Raised Foundation
  • Large Lot

Research

109 East Ramona, Ventura, CA 93001 (Ventura County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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