10965-10997 Del Norte St - Apartments FOR SALE


Ventura, CA 93004
$14,700,000 USD
805-698-0174
10965-10997 Del Norte St, Ventura, CA for Sale
$14,700,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

10965-10997 Del Norte St
Ventura, CA 93004


HIGHLIGHTS

  • Many units feature updated vinyl plank flooring and newer appliances.
  • Cap rates: Current: 4.68% | AB1482: 5.10% | Market: 5.33%
  • Unit mix: (23) 1BD/1BA, (17) 2BD/1BA, (12) 2BD/1.5BA
  • GRM: Current: 11.66 | AB1482: 11.07 | Market: 10.78
  • Parking: 58 spots total (42 covered; 16 uncovered).

OVERVIEW

CALL FOR OFFERS: FEBRUARY 3, 2026 | Monte Vista Townhomes is a well-maintained 52-unit multifamily community located in Ventura’s desirable East End neighborhood. The property offers the perfect blend of suburban comfort and convenient access to major employment centers, top-rated schools, shopping, and coastal recreation. Its prime location just minutes from Highway 126 and the 101 Freeway provides direct connectivity to Downtown Ventura, Oxnard, and Santa Barbara. Everyday conveniences—including grocery stores, restaurants, parks, and Ventura College—are all a short drive away. The community features an attractive unit mix of (23) 1BD/1BA, (17) 2BD/1BA, and (12) 2BD/1.5BA townhome-style residences. Many units have been updated with modern vinyl plank flooring and newer appliances. Residents enjoy a gated environment and a full suite of amenities, including a sparkling swimming pool, BBQ and picnic areas, on-site laundry facilities, and abundant covered and uncovered parking. A landscaped walking path surrounds the property, creating a peaceful, park-like setting that enhances resident appeal and retention. With its strong unit mix, desirable amenities, and quality interior upgrades, Monte Vista Townhomes represents a stable, well-positioned investment with clear opportunities for continued rent growth and additional value creation in Ventura’s high-demand rental market. *Seller reserves the right to accept an offer prior to February 3rd.

FOR SALE DETAILS

PRICE

$14,700,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

52

PRICE/UNIT

$282,692

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Monte Vista Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

RH - High R-3

APN/PARCEL ID

086-0-122-245,086-0-122-255

ASK ABOUT THIS PROPERTY

Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

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Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.