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 that has a transferable 7-year labor and 30-year manufacturer's warranty. In 2022, the exterior of all buildings was painted. These updates have contributed to the much younger effective age of this property than its chronological age. 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.
Additional Features
- Wood
- Wall Furnace
- Sprinkler System
- One
- None
- Parking spaces: 11.00
- Listing Status: Pending
- Listing Agent: Craig Lieberman
(lic# 00682741)
of Ventura Coastal
- Listing Office: Apartment Investment Specialis
(lic# 01406568)
-
Based on information from CRISNet MLS as of 12th August 2026 at 11:05pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
