852 N Ventura AVE Avenue Ventura, CA 93001

Built in 1926, this 11-unit apartment property situated on a 12,196 square-foot parcel, contains unique individual 425 square-foot one-bedroom - one-bathroom ''casita'' units that are separately metered for gas and electricity with grass-groomed central courtyard surrounded by decorative perimeter fencing providing its tenant community with a comfortable private environment, and located adjacent to the new Kellogg Park.
The roofs were replaced on each individual structure in 2019, and in 2022, the exterior of all buildings were painted.
Significant financial highlights for this property are its GRM and Price-Per-Unit, both of which are among the lowest compared to recent sales, making this property's metrics financially compelling to investors hoping to maximize cash flow.