1950's Ventura Beach Cottage down the lane from the beach, located in quintessential Pierpont Beach. Originally built in 1953, the Cottage is remodeled to a chic beach cottage with all modern amenities. Three bedrooms, two baths, and approximately 1003 square feet. Private front and rear yards with patios plus parking for three cars. Stroll a quarter block from your front door down a quaint neighborhood street to a beautiful uncrowded beach with spectacular views of the Channel Islands. Currently a licensed Short Term Vacation Rental # 2251 with amenities that include a 48in. flat screen TV and Blu-ray DVD, wireless internet, fire pit, BBQ, bikes and boogie boards. Book of business already established through August. Currently being rented at $10K per month. $100K per year gross income per year for seller. Cap rate is 5.1%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer.
Property Type(s):
Single Family
Last Updated
|
11/23/2024
|
Year Built
|
1953
|
Community
|
Ventura Beach S. of Ventura River to S.C.
|
Garage Spaces
|
1.0
|
County
|
Ventura
|
SCHOOLS
Jr. High School |
Cabrillo |
High School |
Ventura |
Price History
Prior to Nov 5, '24
|
$1,495,000 |
Nov 5, '24 - Today |
$1,449,000 |
Additional Details
AIR |
None |
APPLIANCES |
Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater |
AREA |
Ventura Beach S. of Ventura River to S.C. |
GARAGE |
Yes |
HEAT |
Wall Furnace |
LOT |
3832 sq ft |
LOT DESCRIPTION |
Sprinklers None, Yard |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
STYLE |
Bungalow, Cottage |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
R-1-B |
Location
Listed with RE/MAX Gold Coast REALTORS
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