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1053-1065 E Santa Clara St
Ventura, CA 93001
Asking Price
$2.95M
Cap Rate
3.73%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
6 units on 20K SF walkable to Downtown Ventura <ul><li>Exceptional Ventura location at 1053-1065 E Santa Clara Street</li><li>Two side-by-side investment properties totaling six rental units</li><li>Four single family homes plus a newer duplex (circa 2010)</li><li>Strong in place income of $15,400 per month</li><li>Significant redevelopment potential supported by large land area and favorable zoning</li><li>Diverse floor plans offering broad tenant appeal</li><li>Expansive 20,908 square foot combined lot with generous outdoor space</l
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NOI
$80,000
Cap Rate
2.71%
DSCR
0.46
Underwater
Cash-on-Cash
-10.75%
Monthly Payment
$14,594.99
Annual Cash Flow
$-95,139.885
