8 Units in Santa Paula near Ventura

Opportunity Zone

1111-1119 E. Ventura Street, Santa Paula, CA 93060

Property Description

1111-1119 Ventura St is a rare and unique 8 Unit opportunity in Santa Paula in Ventura County. It is a fully occupied, comprised of (2) separate 4 Unit properties on three contiguous lots. The property is being sold together, but can be sold individually in the future to owner occupiers or local investors.

All the units are currently fully occupied, some of the units have been remodeled, and most of the tenants are month to month to allow for immediate upside. The buildings were originally built in 1978 and1987, with ample parking, private yards, and common areas for the tenants. The two lots together in an Opportunity Zone offers added tax benefits & future development potential.

Features and Highlights

  • Located in Opportunity Zone!
  • Month to Month Tenancy with Full Occupancy
  • Strong Rent Collections in a Growing Rental Market.
  • Great Location in Santa Paula in Ventura County near Ventura, Oxnard, Ojai, Camarillo, Ocean, Old Town, Farmland, Shops & Restaurants.

Property Details

  • Price:$2,000,000
  • APN's:2 Separate
  • Total Units:8
  • # of Buildings:3
  • Building Size:
  • Lot Size:
  • Year Built:1978/1987
  • Opportunity Zone:Yes

Listing Agent: Brian Noh, CCIM DRE: 01438115

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