$1,150,000
$1,200,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
143 E A Street Port Hueneme, CA 93041
4 Beds
4 Baths
6,650 Sqft Lot
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-9754
Bedrooms 4
Lot Size 6,650 Sqft
Property Description
Well maintained inside and out pride of ownership Port Hueneme 4plex within close proximity to beach, deepwater port, Naval Base, schools and shopping. Constructed in 1965, the property consists of (4) 1BD/1BA apartments totaling approximately 1,840 SF (per city building file) plus permitted 360 SF laundry and storage room. 8 onsite parking spaces, 3 water heaters and separate electric meters. Owner pays gas, water/sewer and trash utilities. Upgraded Interiors boast granite kitchen counters and tile backsplash, newer cabinets, tile or vinyl plank flooring, stainless appliances, plantation style blinds. Many recent improvements completed including replacement of wood fascia, fresh exterior paint (3 coats), new sod and automatic sprinkler system, new gas line, 2 new water heaters, replacement of stairs and 2nd story deck, new fence, motion sensor lights. Possibility may exist to convert the 360 SF storage/laundry room into a 5th unit through ADU conversion (Buyer to verify). Excellent opportunity for a new or seasoned investor to acquire a well maintained investment property in a beach community with strong rents in place. 15.9 GRM, 4.0% CAP on current rents
Well maintained inside and out pride of ownership Port Hueneme 4plex within close proximity to beach, deepwater port, Naval Base, schools and shopping. Constructed in 1965, the property consists of (4) 1BD/1BA apartments totaling approximately 1,840 SF (per city building file) plus permitted 360 SF laundry and storage room. 8 onsite parking spaces, 3 water heaters and separate electric meters. Owner pays gas, water/sewer and trash utilities. Upgraded Interiors boast granite kitchen counters and tile backsplash, newer cabinets, tile or vinyl plank flooring, stainless appliances, plantation style blinds. Many recent improvements completed including replacement of wood fascia, fresh exterior paint (3 coats), new sod and automatic sprinkler system, new gas line, 2 new water heaters, replacement of stairs and 2nd story deck, new fence, motion sensor lights. Possibility may exist to convert the 360 SF storage/laundry room into a 5th unit through ADU conversion (Buyer to verify). Excellent opportunity for a new or seasoned investor to acquire a well maintained investment property in a beach community with strong rents in place. 15.9 GRM, 4.0% CAP on current rents
Location
State CA
County Ventura
Area Port Hueneme (93041)
Zoning Assessor
Building
Story 2
Others
Acceptable Financing Conventional
Space Rent $1,500
Listing Terms Conventional
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Bought with NON LISTED AGENT • San Diego