1235 Clavel Ave - Apartments FOR SALE


Ventura, CA 93004
$1,999,900 USD
805-750-8900
1235 Clavel Ave, Ventura, CA for Sale
$1,999,900 USD
Apartments - FOR SALE
1/48
null | 6.43% Cap Rate

1235 Clavel Ave
Ventura, CA 93004


OVERVIEW

1235,1241,1247 Clavel Ave TURNKEY 4PLEX EXTENSIVELY UPGRADED INCOMEPRODUCING INVESTMENT w 6 INCOME STREAMS Opportunities like this are exactly what serious investors look for & rarely find Welcome to an exceptional turnkey fourplex that combines immediate income potential, extensive upgrades, strong tenant appeal, & the long-term advantages of owning a quality multi-unit asset Unlike properties that require significant improvements after closing, this one has already undergone substantial upgrades, giving the next owner the opportunity to acquire a wellpositioned investment w o inheriting an extensive renovation list. From the moment you arrive, the pride of ownership is evident. Property features fresh interior & exterior paint, newer roofing, newer air-conditioning systems, most units have recessed lighting,& attractive contemporary finishes throughout. Inside, the units have been thoughtfully upgraded with most units containing quartz countertops, elegant marble bathrooms, & stainless-steel appliances. Most have newer refrigerators, & washer/dryer sets as well. The property is also mostly furnished, adding another layer of value & convenience for the incoming investor INVESTMENT ADVANTAGE This property isn't simply about four units, it's about acquiring an asset where much of the heavy lifting has already been done 12 on-site parking spaces, including several covered spaces, provide an outstanding amenity that helps distinguish this property from competing rentals. Combine that with an established tenant base, extensive improvements, attractive curb appeal, & desirable upgraded interiors, & you have the fundamentals investors want for long-term ownership INVESTORS SHOULD TAKE NOTICE 4 units 6 income streams Established tenant base Extensively upgraded & mostly furnished Newer roofing & air-conditioning systems Quartz countertops & marble bathrooms Most Stainless-steel appliances Five newer refrigerators Washer/dryer sets Fresh interior & exterior paint Modern recessed lighting 12 parking spaces w covered parking Reduced near-term improvement needs Excellent tenant appeal Strong long-term investment potential BUY THE ASSET CAPTURE THE INCOME POSITION YOURSELF FOR THE FUTURE For the investor searching for a property that offers income today w long term upside tomorrow, Clavel Ave deserves serious consideration The improvements are in, the tenants are established, the property is positioned and ready to be part of your investment portfolio!

FOR SALE DETAILS

PRICE

$1,999,900 USD

PRICE/SF

$599 USD /SF

# OF UNITS

4

PRICE/UNIT

$499,975

CAP RATE

6.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1235, 1241, 1247 Clavel Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,373 SF

ZONING

RES

APN/PARCEL ID

090-0-132-065

ASK ABOUT THIS PROPERTY

Vicky CummingseXp Realty of California IncMore Info
805-750-8900

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Vicky CummingseXp Realty of California IncMore Info
805-750-8900

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