$5,995,000
Ventura, CA 93001
MLS# 225001372
Status: Pending
24 beds | 24 baths | 11603 sqft

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Property Description
This is a 12 unit apartment building in Midtown, Ventura. Short walk to the beach and downtown Ventura. There is a gated 13,000 sq. ft. on grade concrete garage with 22 parking spaces, and 10 walk in storage units with a elevator to all floors. There is a large common area courtyard with beautiful views. Each unit has it's own private patio also. All the units are one story, approximately 1,000 sq. ft. The upstairs units have volume ceiling's and nice ocean views. The downstairs unit have easy access to the common courtyard and partial ocean views. Each unit has 2 bedrooms, 2 full bathroom's, central heating, full size washer and dryer, built in oven/range and microwave, and dishwasher.
Details
Maps
Listing, Location and Property Info
Entry Date: 2025-03-20
List Price/SqFt: 516.68
General Property Information
Common Walls: Yes
# Bedrooms: 24
Baths - Full: 24
Baths - Total: 24
Approx SqFt: 11603
Lot Acres: 0.32
Lot SqFt: 13939
Year Built: 2001
Listing Info
Total # of Units in Complex: 12
Property Info
View: Yes
Pool: No
Spa: No
Fireplace: No
Senior Community: No
Price Per/Unit: 516.67
Elevators: Yes
Water Heater: Yes
Dwelling Total Floors: 2
# of Buildings: 1
Land Lease Type
Other: 1
Special Conditions
Standard: 1
Terms
Cash to New Loan: 1
Possession
Close of Escrow: 1
Lease Per Month/Year
Month: 1
Lot Description
Automatic Gate: 1
Gated Community: 1
View Type
Coastline View: 1
Ocean View: 1
Disclosures
List Agent/Owner Related: 1
Owner Has Real Estate License: 1
Units Information
Average SqFt 2 Bedroom: 1000
# of Dishwashers: 12
# of Disposals: 12
# of Patios: 13
# of Ranges: 12
# Separate Electric Meters: 13
# Separate Gas Meters: 12
Building Style
Craftsman: 1
Laundry Locations
Area in Unit: 1
Levels
Two: 1
Entry Location
Elevator: 1
Ground Level - No Steps: 1
Main Level: 1
Appliances
Dishwasher: 1
Dryer: 1
Garbage Disposal: 1
Gas Dryer Hookup: 1
Vented Exhaust Fan: 1
Washer: 1
Laundry Equipment
Own: 1
Cooking Appliances
Cooktop - Gas: 1
Free Standing Gas: 1
Microwave: 1
Oven-Gas: 1
Roofing
Composition Shingle: 1
Security Safety
Automatic Gates: 1
Carbon Monoxide Detector(s): 1
Fire & Smoke Det Sys: 1
Fire Rated Drywall: 1
Fire Sprinklers: 1
Gated Community: 1
Smoke Detector: 1
Foundation
Concrete Slab: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Wood/Wood Like: 1
Property/Land Information
Actual Total Rent $: 370059
Adjusted Gross Income $: 370059
Annual Gross Rent $: 370059
Gross Annual Income: 370059
Gross Rent Multiplier $: 16.2
Operating Expenses $: 114259
Sewer
Public Sewer: 1
Water
District/Public: 1
Fire Hydrant: 1
Heating Type
Central Furnace: 1
Forced Air: 1
Heating Fuel
Natural Gas: 1
Interior Features
Elevator: 1
Windows
Screens: 1
Vertical Blinds: 1
Window Blinds: 1
Patio Features
Concrete Slab: 1
Water Heater Feature
Natural Gas: 1
Water Heater Unit: 1
Parking Spaces/Information
Number of Remotes: 22
Total Garage Spaces: 22
Total Parking Spaces: 22
Parking Type
Assigned: 1
Community Garage: 1
Garage Attached: 1
Private: 1
Side by Side: 1
Parking Features
Auto Driveway Gate: 1
Built-In Storage: 1
Covered Parking: 1
Direct Access: 1
Garage: 1
Garage Door Opener: 1
Gated: 1
Private: 1
HOA 1 Information
HOA: No
Landlord Pays For
Gardner: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Unit 1 Furnished
Unfurnished: 1
Listing Location and Property Info
Status: Pending
Entry Date: 2025-03-20
Listing Price: 5995000
Current Price: $5,995,000
Street #: 1256
Direction: E
Street Name: Main
Suffix: Street
County: Ventura
State/Province: CA
Zip Code: 93001
APN/Tax ID: 0730153040
Area: VC24 - Ventura-Calif-Mills
Country: US
Status Change Info
Pending Date: 2025-11-03
Parking SpacesInformation
Total Covered Spaces: 22
PropertyLand Information
Cap Rate %: 4.29
Net Operating Income: 252100
Property Features
Land Lease Type: Other
Special Conditions: Standard
Terms: Cash to New Loan
Possession: Close of Escrow
Lot Description: Automatic Gate; Gated Community
View Type: Coastline View; Ocean View
Disclosures: List Agent/Owner Related; Owner Has Real Estate License
Building Style: Craftsman
Levels: Two
Entry Location: Elevator; Ground Level - No Steps; Main Level
Appliances: Dishwasher; Dryer; Garbage Disposal; Gas Dryer Hookup; Vented Exhaust Fan; Washer
Laundry Equipment: Own
Cooking Appliances: Cooktop - Gas; Free Standing Gas; Microwave; Oven-Gas
Foundation: Concrete Slab
Flooring: Carpet; Ceramic Tile; Wood/Wood Like
Heating Type: Central Furnace; Forced Air
Heating Fuel: Natural Gas
Interior Features: Elevator
Laundry Locations: Area in Unit
Security Safety: Automatic Gates; Carbon Monoxide Detector(s); Fire & Smoke Det Sys; Fire Rated Drywall; Fire Sprinklers; Gated Community; Smoke Detector
Windows: Screens; Vertical Blinds; Window Blinds
Roofing: Composition Shingle
Patio Features: Concrete Slab
Sewer: Public Sewer
Water: District/Public; Fire Hydrant
Water Heater Feature: Natural Gas; Water Heater Unit
Parking Type: Assigned; Community Garage; Garage Attached; Private; Side by Side
Parking Features: Auto Driveway Gate; Built-In Storage; Covered Parking; Direct Access; Garage; Garage Door Opener; Gated; Private
Landlord Pays For: Gardner; Water
Tenant Pays: Cable TV; Electricity; Gas
Unit 1 Furnished: Unfurnished
Listing Office: Ryan Real Estate & Development
Listing Agent: Timothy Ryan | Timryan.re@gmail.com
Agent Email: Timryan.re@gmail.com
Last Updated: November - 05 - 2025
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. 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.