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Villa Du Soleil 1256 E Main St 12 Unit Apartment Building $5,995,000 ($499,583/Unit) 4.29% Cap Rate Ventura, CA 93001



EXECUTIVE SUMMARY
This is a 12 unit apartment building in Midtown, Ventura. Short walk to the beach and downtown Ventura. There is a gated 13,000 sq. ft. on grade concrete garage with 22 parking spaces, and 10 walk in storage units with a elevator to all floors. There is a large common area courtyard with beautiful views. Each unit has it’s own private patio also.
All the units are one story, approximately 1,000 sq. ft. The upstairs units have volume ceiling’s and nice ocean views. The downstairs unit have easy access to the common courtyard and partial ocean views. Each unit has 2 bedrooms, 2 full bathroom’s, central heating, full size washer and dryer, built in oven/range and microwave, and dishwasher.
All the units are one story, approximately 1,000 sq. ft. The upstairs units have volume ceiling’s and nice ocean views. The downstairs unit have easy access to the common courtyard and partial ocean views. Each unit has 2 bedrooms, 2 full bathroom’s, central heating, full size washer and dryer, built in oven/range and microwave, and dishwasher.
PROPERTY FACTS
| Price | $5,995,000 | Apartment Style | Low-Rise |
| Price Per Unit | $499,583 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 4.29% | Building Size | 15,978 SF |
| Gross Rent Multiplier | 16.2 | No. Stories | 2 |
| No. Units | 12 | Year Built | 2001 |
| Property Type | Multifamily | Parking Ratio | 1.9/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | CR - Commercial Residential | ||
| Price | $5,995,000 |
| Price Per Unit | $499,583 |
| Sale Type | Investment |
| Cap Rate | 4.29% |
| Gross Rent Multiplier | 16.2 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 15,978 SF |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | CR - Commercial Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Views
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Gated
- Storage Space
- Elevator
- Online Services
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 073-0-153-040 | Improvements Assessment | $1,517,181 |
| Land Assessment | $415,434 | Total Assessment | $1,932,615 |
PROPERTY TAXES
Parcel Number
073-0-153-040
Land Assessment
$415,434
Improvements Assessment
$1,517,181
Total Assessment
$1,932,615
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Presented by
Ryan Real Estate & Development
Villa Du Soleil | 1256 E Main St
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