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6418 Hummingbird Street, Ventura, CA 93003
Priced at Only: $2,100,000
For more Information Call Mobile: 714.478.6676
Address: 6418 Hummingbird Street, Ventura, CA 93003
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  • MLS#: V1-26685 ( )
  • Street Address: 6418 Hummingbird Street
  • Viewed: 2
  • Price: $2,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Days On Market: 197
  • Additional Information
  • County: VENTURA
  • City: Ventura
  • Zipcode: 93003
  • Subdivision: Montalvo Heights 0262
  • Provided by: Apartment Investment Specialis
  • Contact: Craig Craig
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This property boasts a strong unit mix comprised of six two bedroom, one bathroom units and one two bedroom, one and a half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10 year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.
Features
Appliances
  1. None
Assessments
  1. None
Association Fee
  1. 0.00
Common Walls
  1. No Common Walls
Cooling
  1. None
Electric Expense
  1. 1170.00
Fencing
  1. Wood
Fireplace Features
  1. None
Fuel Expense
  1. 1605.00
Garage Spaces
  1. 7.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 4500.00
Laundry Features
  1. Individual Room
Lockboxtype
  1. None
Lot Features
  1. Sprinklers None
Netoperatingincome
  1. 96443.00
Parcel Number
  1. 1350172020
Parking Features
  1. Garage
Pool Features
  1. None
Professionalmanagementexpense
  1. 7316.00
Sourcesystemid
  1. 2024111120004014077300...
Sourcesystemkey
  1. 20241111200040140773000000:CRF
Spa Features
  1. None
Subdivision Name Other
  1. Montalvo Heights - 0262
Totalexpenses
  1. 49883.00
Trash Expense
  1. 4000.00
View
  1. None
Water Sewer Expense
  1. 4150.00
Year Built
  1. 1973
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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