Ventura, CA 93001,81 W Ramona ST

$630,000

$649,900

3.1%
Est.Price: ?

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Est. payment /mo

0.25 Acres Lot


SOLD DATE : 08/08/2013

Key Details

Sold Price $630,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other - 0011

MLS Listing ID V0-13008831

Sold Date 08/08/13

HOA Y/N No

Year Built 1928

Lot Size 10,890 Sqft

Property Description

▶▶▶A cash cow has arrived◀◀◀ 5 detached single-family cottages, each with separate addresses, located on one lot with below-market-value rents. The property features ◢◢3x[2 bedroom 1 bath] & 2x[1 bedroom 1 bath] homes with a current gross annual income of $60,600.◣◣ Owner pays water (common meter). Tenants pay all other utilities (separate gas & electrical meters). Per City, the property is connected to the sewer. All tenants are on month-to-month agreements. Improvements since 2004 include: Roof replacements for units 83, 85, 87, water heaters in multiple units, all bathrooms & kitchens updated, and replacements for many doors & windows. Water-supply lines have been mostly replaced with copper. Approximately 7 on-site parking spots available. 4 units have laundry. ◈◈Please DO NOT disturb the tenants -- no sign on property -- all offers must be subject-to inspection.◈◈

Location

State CA

County Ventura

Area Vtu - Ventura

Zoning RPD-15U

Interior

Heating NaturalGas, WallFurnace

Cooling None

Flooring Laminate

Fireplace No

Appliance GasWaterHeater

Exterior

Parking Features OneSpace

Garage Spaces 7.0

Garage Description 7.0

Utilities Available SewerConnected, WaterConnected

Roof Type Composition,Shingle

Accessibility NoStairs

Total Parking Spaces 7

Building

Lot Description RectangularLot

Faces South

Entry Level One

Sewer PublicSewer

Water Public

Level or Stories One

Others

Senior Community No

Tax ID 0710022200

Acceptable Financing Cash, CashtoNewLoan

Listing Terms Cash, CashtoNewLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin Paffrath • Meet Kevin
Bought with Non Member • Non Member Office
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