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11280 Nardo Street

Ventura, CA 93004
  • $700,000
  • STATUS: Active Under Contract
  • ON SITE: 111 Days
  • MLS #: V1-8591
Under Contract
UPDATED: 38 min ago
$700,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Oscar Lopez of Dammeyer & Associates ((805) 472-4663)


Description

This high income producing duplex is located in the city of Ventura. Great opportunity as an investment property with good cash flow. The gross rental income for this property is $5,700/month, making it one of the best deals in Ventura! There's also an opportunity to increase it's Market Value with some renovating. The property is a ''fixer-upper'' an investors dream! As it presents the prospective buyers the chance to maximize it's potential. Come see this unique opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-16T15:26:23.897. 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 deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/121820577
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11280 Nardo Street Ventura, CA 93004

  • Price: $700,000
  • Status: Active Under Contract
  • On Site: 111 Days
  • Updated: 38 min ago
  • MLS #: V1-8591
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1921
Built
Neighborhood:
Not Applicable
County:
Ventura
Property Description
This high income producing duplex is located in the city of Ventura. Great opportunity as an investment property with good cash flow. The gross rental income for this property is $5,700/month, making it one of the best deals in Ventura! There's also an opportunity to increase it's Market Value with some renovating. The property is a ''fixer-upper'' an investors dream! As it presents the prospective buyers the chance to maximize it's potential. Come see this unique opportunity!
Exterior Features

Architectural Style Cottage Construction Materials DrywallLap SidingPlaster Fencing Wood Foundation Details RaisedSlab Lot Features Front YardSprinklers None Number Of Separate Electric Meters 3 Parking Features Converted GarageDrivewayRv Access/ParkingOn Street Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Alley PavedPaved Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances Gas RangeGas Water HeaterRefrigerator Common Walls No One AboveNo One Below Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateVinyl Heating Wall Furnace Heating YN Yes Interior Features High CeilingsLaminate CountersAll Bedrooms Down

Property Features

Association Fee 0 Cap Rate 8.52 Community Features Urban Disclosures Accessory Dwelling Unit Electric Standard Electric Expense 2880 Exclusions Tenant's Personal items. Garage YN No Gross Income 68400 Gross Scheduled Income 68400 Insurance Expense 900 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 59666 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 8734 Possession Close Of Escrow Property Condition Fixer Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasWater Total Actual Rent 5700 Trash Expense 1080 Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-16T15:26:23.897. 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 deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Oscar Lopez of Dammeyer & Associates ((805) 472-4663)