Historical Multifamily Sale Listing - 109 East Ramona

Multifamily For Sale

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109 East Ramona

109 East Ramona, Ventura, CA 93001

N/A

4 Units | Multifamily

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109 East Ramona

Multifamily Property - Off Market

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

Highlights

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

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.

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

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Created 1/17/2007