6418 Hummingbird Street, Ventura, CA 93003 (MLS # V1-26685)

Price $2,100,000
Status Active
Beds n/a
Baths 0 Bath
Home size n/a
Lot Size 7,841 sqft
Days on Market 13
This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.
Property Type(s): Residential Income
Last Updated 11/11/2024 Tract Montalvo Heights - 0262
Year Built 1973 Garage Spaces 7.0
County Ventura

Additional Details

AIR None
GARAGE Garage, Yes
HEAT Wall Furnace
HOA DUES 0
LOT 7840 sq ft
LOT DESCRIPTION Sprinklers None
PARKING Garage
POOL DESCRIPTION None
SUBDIVISION Montalvo Heights - 0262
VIEW DESCRIPTION None

Location

 

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