Sold

Closed

57 N Ann Street

VENTURA CA, 93001

$5,175,000


Sold

Closed

1 Bed

1 Bath

Residential

Built in 1972

Courtesy of Nick Henry, Beachside Partners

(20) 1BD/1BA unit value add apartment building in beautiful downtown Ventura 1 block north of Main Street. Central, secure front door entry with 3 stories accessed by elevator w/ partial ocean views from 2nd and 3rd floors. Potential to add additional unit by converting unused community room (approximately 350 SF with kitchen) on first floor. 10 tuck-under carport spaces that may offer ADU conversion potential + 3 uncovered parking spaces at rear. 5.0% cap, 12.2 GRM on current rents. Current rental rates are below market offering excellent upside opportunity for the astute investor. Location does not get much better with tenants being able to walk to shopping, eating, dining and entertainment options on Main Street along with parks, schools, beaches

24-2979

MLS ID

September 9, 2024

Listed

November 22, 2024

Updated

Map

57 N Ann Street
VENTURA CA, 93001

Interior Features

Total Stories

3


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.38 Acres

School Information

High School

Other


Elementary School

Other

Other Property Details

Area Name

00 - VENTURA


Days on Market

23


Garage

No


View

No


County

Ventura


Pool

No


Zoning

Other

Listing History

Date

Event

Price

11/15/2024

Sold

$5,175,000

10/1/2024

Pending

Listed by Beachside Partners, Nick Henry,
Listing Contact: [email protected] 

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