11
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$1,295,000
Est. payment /mo
7,501 Sqft Lot
Pending
154 El Medio ST Ventura, CA 93001
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Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
MLS Listing ID V1-35519
HOA Y/N No
Year Built 1990
Lot Size 7,501 Sqft
Property Description
Well maintained 1990 triplex located just off Ventura Avenue, offering a strong investment profile with three spacious 3 bed/2 bath units. Units 150 and 152 are positioned within a two story front structure, while Unit 154 occupies a single story rear building. The property is in good overall condition, with Unit 154 recently updated with new flooring, interior paint, upgraded door hardware, and modern light fixtures.This property has very little in operating expenses with units individually metered for gas and electric, equating to an annual expense operating budget of only $6,730 annually The detached garage at the rear of the parcel is currently unused. While there is no assurance that the existing structure can be converted into a one or two story ADU, the option may exist to remove the current building and construct a new ADU in its place, with the potential to extend the concrete driveway to provide dedicated parking for the new unit. Buyers are advised to conduct their own due diligence with the appropriate agencies to determine feasibility and potential for any such value add development.
Location
State CA
County Ventura
Area Vtu - Ventura
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Carport
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Fence Wood
Pool None
Community Features Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers None
Others
Senior Community No
Tax ID 0690122020
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Craig Lieberman Apartment Investment Specialis #00682741
NEARBY SCHOOL & BUSINESS
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