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42-46 E Thompson Boulevard
Ventura, CA 93001
Asking Price
$2.05M
Cap Rate
3.2%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
3 Condos with 3 APNs not subject to local rent control <ul><li>Three Separate APNs · Multiple Exits - Each of the three condominiums is held under its own APN (073-0-380-025, 035, 045). Investors can hold all three for income, sell units individually over time, or execute a phased disposition — flexibility rarely available at this scale.</li><li>Built-In Condominium Equity - Offered at just $487 / SF as a whole asset, while comparable individual condo sales in Ventura 93001 average $674 / SF — implying an aggregate retail value near $2.84M and mea
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NOI
$80,000
Cap Rate
3.90%
DSCR
0.66
Underwater
Cash-on-Cash
-6.78%
Monthly Payment
$10,142.281
Annual Cash Flow
$-41,707.378
