852 N Ventura Avenue, Ventura, CA 93001
- $2,350,000
- Sold Price
- $2,350,000
- List Price
- $2,385,000
- Closing Date
- Aug 06, 2026
- Status
- CLOSED
- MLS#
- V1-34456
- Year Built
- 1926
- Lot Size
- 12,196
- Acres
- 0.28
- Lot Location
- Sprinkler System
- Days on Market
- 104
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Not Applicable
Property Description
Built in 1926, this 11-unit apartment property situated on a 12,196 square-foot parcel, contains unique individual 425 square-foot one-bedroom - one-bathroom 'casita' units that are separately metered for gas and electricity with grass-groomed central courtyard surrounded by decorative perimeter fencing providing its tenant community with a comfortable private environment, and located adjacent to the new Kellogg Park. The roofs were replaced on each individual structure in 2019 that has a transferable 7-year labor and 30-year manufacturer's warranty. In 2022, the exterior of all buildings was painted. These updates have contributed to the much younger effective age of this property than its chronological age. Significant financial highlights for this property are its GRM and Price-Per-Unit, both of which are among the lowest compared to recent sales, making this property's metrics financially compelling to investors hoping to maximize cash flow.
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Additional Information
- Appliances
- Gas Oven, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Roof
- Composition, Shingle
- Attached Structure
- Detached
- Number Of Units Total
- 11
- Gross Scheduled Income
- $199,980
- Operating Expense
- 70695
- Levels
- One
- Parking Spaces
- 11
Listing courtesy of Listing Agent: Craig Lieberman (craig@ais-realestate.com) from Listing Office: Apartment Investment Specialis.
Listing sold by Matthew Schroeder from Rodeo Realty
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.