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Investors seeking a stabilized multifamily addition in the coastal market of Ventura will find this three-unit apartment building at 2484 Fernwood Drive a practical acquisition. The property provides a residential housing option in a city known for its steady demand and proximity to major Southern California employment hubs. Ventura maintains a stable economic environment with significant residential appeal due to its geographic location and access to transit corridors like Highway 101. This asset fits well within a portfolio focused on long-term rental income and capital preservation in a supply-constrained region. Given the current configuration, the building serves as an efficient choice for managing a smaller scale residential investment. Its location offers residents access to the amenities of Ventura while positioned within a quiet neighborhood setting. The multi-unit structure is well-positioned for those aiming to capture consistent rental demand from the local workforce and residents appreciative of the coastal lifestyle.
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