605 E Oak Street

    Ojai, CA 93023
    • $1,850,000
    • STATUS: Active
    • ON SITE: 142 days
    • ID#: 18366850
    UPDATED: 39 min ago
    $1,850,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,412
      SQFT
    • $542
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Recently updated units and buildings. Excellent 1031 exchange property; ease of management. Centrally located just one block from E. Ojai Ave. Walk to farmer's market, restaurants, shops. Fully occupied and great historical occupancy. Charming and clean property. Legal triplex with 4 separate income producing units. Each unit has it's own private yard/area and laundry inside the units. 3 of the 4 units have A/C. The two front units are 1+1. The back units consist of a 3+2 and a 2+1 with a loft. All of the current tenants would like to stay in place. Buyer to verify permits, square footage and all other information. Buyer to conduct their own due diligence regarding condition of the property, income, tenants, leases, etc.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-14T10:28:47.82. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.pismohomes.com/homes/85924175

    605 E Oak Street Ojai, CA 93023

    • Price: $1,850,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 18366850
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    3,412
    SQFT
    $542
    $/SQFT
    1950
    Built
    Neighborhood:
    VC11 - Ojai
    County:
    Ventura
    Area:
    VC11 - Ojai
    Property Description
    Recently updated units and buildings. Excellent 1031 exchange property; ease of management. Centrally located just one block from E. Ojai Ave. Walk to farmer's market, restaurants, shops. Fully occupied and great historical occupancy. Charming and clean property. Legal triplex with 4 separate income producing units. Each unit has it's own private yard/area and laundry inside the units. 3 of the 4 units have A/C. The two front units are 1+1. The back units consist of a 3+2 and a 2+1 with a loft. All of the current tenants would like to stay in place. Buyer to verify permits, square footage and all other information. Buyer to conduct their own due diligence regarding condition of the property, income, tenants, leases, etc.
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway - GravelAssigned Parking YN Yes

    Interior Features

    Appliances Garbage DisposalDishwasher Appliances YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 5.41 Gross Multiplier 14.34 Gross Operating Income 129000.00 Improvements Amount 166830 Land Value 294735 Laundry YN Yes Net Operating Income 100000.00 Special Listing Conditions Standard Total Expenses 29000.00 Zoning R1

    Listing provided courtesy of Jack Turturici of Equity Advisors.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-14T10:28:47.82. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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