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$5,195,000
23 Days Online

57 N Ann Street
Ventura, CA 93001

For Sale|Multi-Family|Pending
County:
Ventura
Listed by Nicholas Henry of Beachside Partners

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805 874 2290
57 N Ann Street57 N Ann Street57 N Ann Street57 N Ann Street
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Rare opportunity to acquire midsize apartment building in beautiful downtown Ventura 1 block north of Main Street. 57 NorthAnn Street, comprised of (20) 1BD units, features a central secure front door entry leading to 3 stories accessed by elevatorwith partial ocean views from the 2nd and 3rd floors. Potential to add additional unit by converting unused community room(approximately 350 SF with kitchen) on first floor. There are 10 tuck-under carport spaces that may offer ADU conversionpotential for additional units plus 3 uncovered parking spaces at rear. Owner pays water/sewer, trash and hot water whiletenants pay their own electricity and gas. There are 2 coin-operated laundry rooms. Current rental rates are below marketoffering excellent upside opportunity for the astute investor. Location does not get much better with tenants being able to walkto shopping, eating, dining and entertainment options on Main Street along with parks, schools, beaches.**5.0% CAP rate, 12.2 GRM on current rents w/ rental rate upside subject to AB1482**

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Listing Snapshot
Price 
$5,195,000
Days Online 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3788 Acres
Year Built 
1972
MLS® Number 
V1-25646
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Pending
3 weeks agoListing first seen online
General Features
Parking 
Assigned
Parking Spaces 
13
Number of Stories 
2
Acreage 
0.3788
Garage Spaces 
0
Listing Conditions 
Standard
Interior Features
Cooling 
None
Heating 
Wall Furnace
Appliances 
Gas Oven
Interior 
Elevator
Fireplace Features 
None
Laundry Features 
Common Area
Fireplace 
No
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Exterior Features
Fencing 
None
Spa 
No
Pool Features 
None
Spa Features 
None
Lot 
Sprinklers None
Community Features
Association Dues 
0
Community Features 
Urban
Senior Community 
No
MLS Area 
VTU - Ventura


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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