$1,200,000
$1,195,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 03/19/2020
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Nyeland Acres - 0395
MLS Listing ID V0-220001666
Sold Date 03/19/20
HOA Y/N No
Year Built 1954
Lot Size 0.500 Acres
Property Description
3735 Almond Drive offers Investors an opportunity to acquire a strong rental asset, with upside potential. Situated on 0.5 acres, the property consists of two buildings, totaling 5,088 SF. The front house is a 5BD + 3BA with 2 car garage. The rear 5 unit building consists of (3) 1BD/1BA and (2) 2BD/1BA units and 5 garages. Both roofs and all garage doors were replaced in 2018. In addition the units all have their own washer/dryer hookups. Strong upside in rents while maintaining an attractive over 5% actual cap rate. DO NOT GO ON PROPERTY.
Location
State CA
County Ventura
Area Vc36 - El Rio / Nyeland Acres
Zoning RE
Interior
Flooring Carpet
Fireplaces Type Family Room, Gas
Fireplace Yes
Appliance No Hot Water
Exterior
Garage Spaces 7.0
Garage Description 7.0
Total Parking Spaces 7
Building
Lot Description Level, Rectangular Lot
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 1490042060
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Jaime Herrera • Comfort Real Estate Services, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "