Sold
Closed
3574 Preble Avenue
VENTURA CA, 93003
$9,800,000
$391.94 per sqft
Sold
Closed
6 Beds
4 Baths
25,004 sqft
Residential
Built in 1962
Courtesy of Nick Henry, Beachside Partners
Value-add 38 unit apartment building opportunity for only $267k/unit in the low turnover sale marketplace of city of Ventura. 14.1 GRM, 4.4% CAP on actual and 11.0 GRM, 6.3% CAP on market rents. Tradewinds Apartments is set on a .89 acre lot w/ garage parking, pool and laundry room. Convenient location near Pacific View Mall & Lowes, Community Memorial Hospital, Ventura College, Ventura Harbor and local beaches plus easy access to both the 101 and 126 freeways. Unit mix consists of (1) 3BD/1BA, (4) 2BD/1BA, (18)1BD/1BA and (15) studios. Utilities sep metered for electric and gas and (2) 100 gallon water heaters service building. Major upside in rental rates. Available reports include: General inspection, termite, roof and sewer lateral. OFFER DUE DATE AUG 4th @ 12PM
23-2132
MLSⓇ ID
July 19, 2023
Listed
November 22, 2024
Updated
Map
3574 Preble Avenue
VENTURA CA, 93003
Interior Features
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
4
Laundry Description
Laundry Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.57 Acres
School Information
High School
Other
Elementary School
Other
Other Property Details
Area Name
00 - VENTURA
Days on Market
26
Garage
Yes
Garage Spaces
38
Parking
Garages
View
No
County
Ventura
Pool
No
Zoning
Other
Listing History
Date | Event | Price |
|---|---|---|
12/23/2023 | Price change | $9,800,000 -3% |
12/23/2023 | Sold | $9,800,000 |
8/15/2023 | Pending | — |
Listed by Beachside Partners, Nick Henry,
Listing Contact: [email protected]
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Data last updated 2:25 PM UTC, 11/22/2024
