625-& 631 Empire Avenue

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625-& 631 Empire Avenue

Ventura, CA 93003
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 situated at the address 625-631 Empire Avenue
  • Property offers residential investment potential in coastal Ventura
  • Positioned within an established Southern California rental market
  • Accessible location near regional transit and economic hubs

What's Special

This multifamily apartment building is situated on Empire Avenue in Ventura, California. The property occupies a position within a coastal Southern California market, characterized by consistent rental demand and a Mediterranean climate. As an asset class, apartment buildings in this submarket often serve as core investments for individuals seeking to capitalize on the regional housing supply constraints. Investors may find utility in the property for long-term residential leasing or potential portfolio expansion within the Ventura County corridor. The location benefits from proximity to major transit arteries that connect the local community to the broader Los Angeles and Santa Barbara metropolitan regions. Economic stability in this area is supported by a diverse base of industries, including healthcare, education, and retail services. Prospective buyers or operators can leverage the existing residential infrastructure to maintain steady occupancy levels while evaluating the operational performance of this specific site within the Ventura residential sector.

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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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