15 N Dos Caminos Avenue, Ventura, CA 93003

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Property Description

Excellent opportunity to acquire a turnkey Ventura 6-unit apartment building at a 5.1% Cap rate on current rents located just blocks from Community Memorial Hospital. 15 N Dos Caminos features a 1954 built 4plex at front of property with all 2BD/1BA units and 2 newly built 1BD ADU apartments in rear. The ADUs, measuring about 400 SF apiece, offer stainless steel appliances, quartz countertops, wood laminate flooring, custom tiled bathrooms, laundry hookups, tankless water heaters and split system heater/AC units. The fourplex recently received new dual pane retrofit windows, exterior paint, new roof (2018), new water heaters and plumbing upgrades with most of the water system being repiped with pex pipe. There is a community laundry room with coin operated machines. Tenants pay all electricity and gas while owner pays water/sewer/trash. Tenant friendly location close to hospital, Trader Joes and Vons groceries, Pacific View Mall regional shopping center, Ventura College and St Bonaventure High School plus nearby beaches and easy freeway access. Don't miss this opportunity to own a hassle free multifamily asset at an incentivizing 5.1% cap rate in the coveted and under supplied housing market of Ventura.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Flooring Information
Material Carpet, Laminate
Interior Information
Cooling Type None

Listing Information

Address 15 N Dos Caminos Avenue
City Ventura
State CA
Zip 93003
County Ventura
Listing Agent Jason Liehr DRE #02152826
Co-Listing Agent Nicholas Henry DRE #01748131
Courtesy Of Beachside Partners
List Price $2,495,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,534
Year Built 1954

Listing information courtesy of: Jason Liehr, Nicholas Henry, Beachside Partners. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 4th, 2024 at 4:36 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.