Active
6418 Hummingbird Street
Ventura CA, 93003
$2,100,000
Active
Residential
Built in 1973
Listed by Craig Lieberman with Apartment Investment Specialis (805) 320-6646
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.
V1-26685
MLSⓇ ID
November 11, 2024
Listed
November 22, 2024
Updated
Map
6418 Hummingbird Street
Ventura CA, 93003
Interior Features
Laundry Description
Laundry Room
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.18 Acres
Lot Features
Sprinklers None
Other Property Details
Garage
Yes
Garage Spaces
7
Parking
Garage
Parking Total
7
View
No
View Description
None
County
Ventura
Pool
No
Pool Features
None
Listing Contact: (805) 320-6646
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 7:36 PM UTC