Homes for sale - 6418 Hummingbird ST, Ventura, CA 93003

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Max Lindenberger

max.lindenberger@engelvoelkers.com

$ 2,100,000

Est. payment -/mo

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6418 Hummingbird ST Ventura, CA 93003

7,840 Sqft Lot

UPDATED:

11/11/2024 10:55 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Montalvo Heights - 0262

MLS Listing ID V1-26685

HOA Y/N No

Year Built 1973

Lot Size 7,840 Sqft

Property 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.

Location

State CA

County Ventura

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Garage

Garage Spaces 7.0

Garage Description 7.0

Fence Wood

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 7

Private Pool No

Building

Lot Description Sprinklers None

Others

Senior Community No

Tax ID 1350172020

Energy Description 1605.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Craig Lieberman • Apartment Investment Specialis

Max Lindenberger

Advisor | License ID: 02073155

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