2102-2104 Channel Drive

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2102-2104 Channel Drive

Ventura, CA 93001
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Ventura California
  • Asset available for purchase by residential real estate investors
  • Property situated at 2102-2104 Channel Drive in the 93001 area
  • Location provides access to regional coastal Southern California markets
  • Suitable for owners targeting long-term residential rental income

What's Special

This multifamily property at 2102-2104 Channel Drive in Ventura, California, is available for sale to investors seeking a residential income asset in a coastal market. The apartment building occupies a strategic position within a city known for its stable rental demand and proximity to the Pacific Ocean. Ventura remains a sought-after destination for residents looking for a balanced lifestyle between urban amenities and natural beauty, supported by a diverse regional economy and access to major transportation corridors along the Central Coast. Given the high demand for housing in this region of Southern California, the site presents a practical addition to a multi-unit investment portfolio. The configuration of this building serves the ongoing need for rental inventory in the area, offering a functional layout for property owners focused on long-term residential management. This asset represents a straightforward acquisition for those looking to establish or expand a foothold in the Ventura apartment market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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