1033 E Santa Clara Street

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1033 E Santa Clara Street

Ventura, CA 93001
Asking Price
$2.15M
Cap Rate
4.26%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Ventura
  • Asset consists of four distinct residential rental units
  • Investment priced at an asking price of 2,150,000 dollars
  • Current financial performance reflects a 4.26 percent capitalization rate
  • Property is situated in a high-demand Southern California coastal market

What's Special

This 4-unit apartment building located at 1033 E Santa Clara Street in Ventura, California, presents a multifamily investment opportunity with a 4.26% cap rate. Situated in a coastal community known for its steady rental demand, the property is positioned to serve tenants seeking access to the Pacific coastline and the regional employment centers of Ventura County. The asset offers a stable addition to a residential investment portfolio within this established market. Its configuration as a multi-unit complex allows for efficient management and income generation in an area characterized by its temperate climate and connection to major Southern California transit corridors. Investors often target these types of properties for their potential to provide consistent cash flow while benefiting from the long-term desirability of the Ventura submarket. The layout and location cater well to a variety of tenant profiles seeking proximity to local amenities and the downtown district.

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NOI
$80,000
Cap Rate
3.72%
DSCR
0.63
Underwater
Cash-on-Cash
-7.39%
Monthly Payment
$10,637.027
Annual Cash Flow
$-47,644.323

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