Bought with Non Member • Datashare CR Default Office Don't Delete
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Key Details
Sold Price $1,355,000
Property Type Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 4,791 sqft
Price per Sqft $282
MLS Listing ID CRV1-25513
Sold Date 10/09/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1926
Lot Size 4,791 Sqft
Property Description
The property has (2) 1-BD / 1 BA units (1943 & 1947 Channel Drive), and (1) studio unit (480 S Santa Cruz Street). With one vacant unit, this would be ideal for a buyer wishing to live in one unit and rent the others. Extensive renovations have been completed on interiors and property had a new roof and vinyl windows throughout installed (see Offering Memorandum ('OM') for renovation summary and photos), making this a completely turnkey investment. 1943 Channel Drive has its own laundry room and will be delivered vacant. The 1947 unit has laundry hookups located in the backyard, with a lease that runs thru 3/25 ($2,440/mo.). The studio unit, the former garage, is permitted, and has been leased since 2020 with monthly rent of $1,999. All three units have been upgraded (see OM), with each unit having its own backyard and the Channel Drive units benefitting from a fenced front yard.
Location
State CA
County Ventura
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry No Hookups
Exterior
View None
Parking Type None
Building
Lot Description Other
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