Ventura, CA 93003,6418 Hummingbird Street
Ventura, CA 93003,6418 Hummingbird Street
Ventura, CA 93003,6418 Hummingbird Street
Ventura, CA 93003,6418 Hummingbird Street
Ventura, CA 93003,6418 Hummingbird Street
Ventura, CA 93003,6418 Hummingbird Street
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Listed by Craig Lieberman • Apartment Investment Specialis
$ 2,100,000
Est. payment | /mo

7,840 SqFt


Save
$ 2,100,000
Est. payment | /mo
Save

7,840 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,840 sqft

Price per Sqft $267

MLS Listing ID CRV1-26685

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1973

Lot Size 7,840 Sqft

Property Description

This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.

Location

State CA

County Ventura

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Laundry Room

Exterior

View None

Building

Lot Description Other

Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

agent
Cielo Fuentes

Partner | Lic# 1275719

+1(510) 778-5655

2643 Appian Way Suite C, Pinole, CA, 94564

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6418 Hummingbird Street