6418 Hummingbird Street, Ventura, CA 93003
-
Listed Price :
$2,100,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1973
Property Description
This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.
Interior Features
| Laundry Information |
| Location(s) |
Laundry Room |
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
6418 Hummingbird Street |
| City |
Ventura |
| State |
CA |
| Zip |
93003 |
| County |
Ventura |
| Listing Agent |
Craig Lieberman DRE #00682741 |
| Courtesy Of |
Apartment Investment Specialis |
| List Price |
$2,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
7,840 |
| Year Built |
1973 |
Listing information courtesy of: Craig Lieberman, Apartment Investment Specialis. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:26 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
