Description
Built in 1971 and well cared for over the years Rents have some room to grow. With 29,000 square feet under roof , this is a substantial property! Midway between Ventura and Ojai your tenants options are myriad – you can go left to Ventura for world class boating, fishing surfing or Kayaking or vibrant Downtown Ventura. Or, turn right to Ojai for world class tennis, championship golf, Magnificent forests, mountains and the quaint, comfortable city of Ojai. With approximately 40 parking spaces on site and lots of street parking, This property is properly set up for lots of tennants. The long term rental value is as good as it gets!
Property Id: 24895
Price: $ 7,000,000
Property Lot Size: 1.63 ft2
Building Area Total: 29000
Carport Spaces: 18
Common Wall: NoOneAbove
Community Features: StormDrains,StreetLights,Sidewalks
Construction Materials: Stucco
Cumilative Days on Market: 710
Days on Market: 89
Directions: North on Ventura Ave. Past Stanley. Turn right on Dakota. Units on right. Surrounded by single family homes.
Documents Count: 1
Electric Expense: 1167.36
Entry Level: 1
Entry Location: First floor
Exclusions: Tenants personal property
Fencing: AverageCondition,ChainLink
Gross Income: 307045.83
Gross Scheduled Income: 532721.83
Heating: WallFurnace
Insurance Expense: 25066
Laundry Features: CommonArea
Levels: Two
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 701-6514
List Agent Email: jimewick44@gmail.com
List Agent Name: James Wick
List Agent MLS ID: v211501911
List office AOR: VenturaCoastal
List office Email: camaclark@gmail.com
List office MLS ID: VC8022
List office Phone: (805) 643-3337
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2025-03-23
Listing ID: V1-28925
Listing Service: FullService
Listing Terms: Cash,CashToNewLoan,Conventional
Lot Features: ElevenToFifteenUnitsAcre,Greenbelt
Lot Size Area: 71000
Lot Size Source: Assessor
Lot Size Square Feet: 71000
Lot Size Units: SquareFeet
MLS Area Major: VTU - Ventura
MLS Status: ActiveUnderContract
Number of Buildings: 2
Number of Seperate Electric Meters: 24
Number of Seperate Gas Meters: 24
Number of Units Leased: 24
Number of Units Total: 24
On Market Date: 2025-03-26
Original List Price: 7000000
Parcel Number: 0690173125
Parking Total: 40
Photos Count: 16
Possession: Negotiable
Professional Management Expense: 27313.56
Sewer: PublicSewer
State or Province: CA
Stories: 2
Stories Total: 2
Street Name: Dakota Dr.
Street Number: 50 96
Street Suffix: Drive
Trash Expense: 11896.24
Utilities: SewerConnected
Water Sewer Expense: 32107
Water Source: Public
Year Built: 1971
Other Features
Additional Parcel
BuiltInRange
Cooling
Fireplace
Garage
Has a View
Has Carport
Has Heating System
Land Lease
Private Pool
Property Attached
Rent Control 1
Senior Community
Spa
$ 40,866.50
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 33,574.83
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