CA > Ventura
Ventura, CA 93001,57 N Ann ST
See all 7 photos
Ventura, CA 93001,57 N Ann ST
Ventura, CA 93001,57 N Ann ST
Ventura, CA 93001,57 N Ann ST
Ventura, CA 93001,57 N Ann ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
James Studnicka Jr.

James Studnicka Jr.

+1(310) 994-6034
$ 5,195,000
Est. payment /mo
Save
Pending

57 N Ann ST Ventura, CA 93001

0.38 Acres Lot

UPDATED:

10/31/2024 09:12 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID V1-25646

HOA Y/N No

Year Built 1972

Lot Size 0.379 Acres

Property Description

Rare opportunity to acquire midsize apartment building in beautiful downtown Ventura 1 block north of Main Street. 57 NorthAnn Street, comprised of (20) 1BD units, features a central secure front door entry leading to 3 stories accessed by elevatorwith partial ocean views from the 2nd and 3rd floors. Potential to add additional unit by converting unused community room(approximately 350 SF with kitchen) on first floor. There are 10 tuck-under carport spaces that may offer ADU conversionpotential for additional units plus 3 uncovered parking spaces at rear. Owner pays water/sewer, trash and hot water whiletenants pay their own electricity and gas. There are 2 coin-operated laundry rooms. Current rental rates are below marketoffering excellent upside opportunity for the astute investor. Location does not get much better with tenants being able to walkto shopping, eating, dining and entertainment options on Main Street along with parks, schools, beaches.**5.0% CAP rate, 12.2 GRM on current rents w/ rental rate upside subject to AB1482**

Location

State CA

County Ventura

Area Vtu - Ventura

Rooms

Ensuite Laundry Common Area

Interior

Interior Features Elevator

Laundry Location Common Area

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Oven

Laundry Common Area

Exterior

Garage Assigned

Fence None

Pool None

Community Features Urban

View Y/N Yes

Parking Type Assigned

Total Parking Spaces 13

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 0730057035

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Nicholas Henry • Beachside Partners

James Studnicka Jr.

Agent | License ID: 01467393

+1(310) 994-6034

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

57 N Ann ST