80 S Seaward Avenue

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80 S Seaward Avenue

Ventura, CA 93003
Asking Price
$1.15M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for sale in Ventura, California.
  • The property is located at 80 S Seaward Avenue.
  • This asset is currently listed with an asking price of $1,150,000.
  • The building is situated within the 93003 zip code area.
  • Ventura provides a stable residential market along the Pacific coast.

What's Special

Investors seeking a residential income asset in Ventura can consider this apartment building at 80 S Seaward Avenue. The property sits within a coastal California market known for its steady demand for housing and proximity to Pacific beaches. This multifamily asset provides a direct entry point for those looking to manage rental units in a well-established community with access to major regional transit corridors. The local economy benefits from tourism, professional services, and a diversified labor force, contributing to the consistent appeal of the area for long-term tenants. Given its location in the 93003 zip code, the building serves as a practical addition to a portfolio focused on California coastal real estate. Prospective owners can utilize this site as a primary rental operation or a repositioning project to align with current market requirements. Its layout and positioning within Ventura offer functional utility for residential management in a high-demand southern California submarket.

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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.573
Annual Cash Flow
$11,725.13

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