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    3098 Channel Dr

    Ventura, CA 93003
    • $12,000,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 21-783196
    UPDATED: 53 min ago
    $12,000,000
    • 0
      BEDS
    • 1.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 24,904
      SQFT
    • $482
      $/SQFT
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Cap Rate 4.40% NOI $528,589 Newly renovated in 2020! Impeccably remodeled apartment complex with large units, walking distance to Ventura Beaches. Excellent attention to details and long lasting quality upgrades and finishes. Highly desirable location in nice neighborhood, near amenities, parks, beaches, shopping, restaurants, businesses and easy freeway access. Walking distance to the Ventura Pacific View Mall and a short bike ride to Ventura Beach. Desirable unit Mix: 12 1Bd/1Ba, 12 2Bd/1Ba, 8 2Bd/1.5Ba. Fully renovated courtyard, finished with outdoor dining, pergola, BBQ access, bocce pit, croquet and lounge seating. Some units have ocean and hillside views. All leases on RUBS Program. **Please do not walk on the property or disturb tenants. Inspection subject to an accepted offer.**

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T16:43:16.507. 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.
    www.desertarealuxuryhomes.com/homes/121401992
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    3098 Channel Dr Ventura, CA 93003

    • Price: $12,000,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 21-783196
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.13
    Acres
    24,904
    SQFT
    $482
    $/SQFT
    1966
    Built
    Neighborhood:
    California St. To Mills Rd
    County:
    Ventura
    Area:
    California St. To Mills Rd
    Property Description
    Cap Rate 4.40% NOI $528,589 Newly renovated in 2020! Impeccably remodeled apartment complex with large units, walking distance to Ventura Beaches. Excellent attention to details and long lasting quality upgrades and finishes. Highly desirable location in nice neighborhood, near amenities, parks, beaches, shopping, restaurants, businesses and easy freeway access. Walking distance to the Ventura Pacific View Mall and a short bike ride to Ventura Beach. Desirable unit Mix: 12 1Bd/1Ba, 12 2Bd/1Ba, 8 2Bd/1.5Ba. Fully renovated courtyard, finished with outdoor dining, pergola, BBQ access, bocce pit, croquet and lounge seating. Some units have ocean and hillside views. All leases on RUBS Program. **Please do not walk on the property or disturb tenants. Inspection subject to an accepted offer.**
    Exterior Features

    Covered Parking 32 Lot Size Area 49389 Other Structures None Parking Garage Covered Parking Roof Flat Total Parking 50 View Description OceanHills View YN Yes

    Interior Features

    Baths Total 0.00 Cooling None Equipment Ceiling FanRange/Oven Flooring Vinyl Heating Forced AirNatural GasWall Gas Laundry Laundry Area

    Property Features

    Assessed Total Value 7541905 Gross Income 757164 Gross Operating Income 757164 Like Units1 12 Like Units2 12 Like Units3 8 Net Operating Income 528589.00 Number Of Buildings 1 Number Of Units 32 Property Condition Updated/Remodeled Sale Type Standard Security Features Carbon Monoxide Detector(S)CommunityExterior Security LightsResident ManagerSmoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 205860 Type Of Units Apartments Water Meter On PropertyDistrict Year Built Source Vendor Enhanced Zoning R3-2

    Listing provided courtesy of Brian Glen Barrios DRE#01379489 of Cooperation Capital Group, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T16:43:16.507. 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.
     
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