Port Hueneme, CA 93041,143 E A Street

$1,150,000

$1,200,000

4.2%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

6,650 Sqft Lot


SOLD DATE : 12/31/2021

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V1-9754

Sold Date 12/31/21

Bedrooms 4

HOA Y/N No

Lot Size 6,650 Sqft

Property Description

Well maintained inside and out pride of ownership Port Hueneme 4plex within close proximity to beach, deepwater port, Naval Base, schools and shopping. Constructed in 1965, the property consists of (4) 1BD/1BA apartments totaling approximately 1,840 SF (per city building file) plus permitted 360 SF laundry and storage room. 8 onsite parking spaces, 3 water heaters and separate electric meters. Owner pays gas, water/sewer and trash utilities. Upgraded Interiors boast granite kitchen counters and tile backsplash, newer cabinets, tile or vinyl plank flooring, stainless appliances, plantation style blinds. Many recent improvements completed including replacement of wood fascia, fresh exterior paint (3 coats), new sod and automatic sprinkler system, new gas line, 2 new water heaters, replacement of stairs and 2nd story deck, new fence, motion sensor lights. Possibility may exist to convert the 360 SF storage/laundry room into a 5th unit through ADU conversion (Buyer to verify). Excellent opportunity for a new or seasoned investor to acquire a well maintained investment property in a beach community with strong rents in place. 15.9 GRM, 4.0% CAP on current rents
Well maintained inside and out pride of ownership Port Hueneme 4plex within close proximity to beach, deepwater port, Naval Base, schools and shopping. Constructed in 1965, the property consists of (4) 1BD/1BA apartments totaling approximately 1,840 SF (per city building file) plus permitted 360 SF laundry and storage room. 8 onsite parking spaces, 3 water heaters and separate electric meters. Owner pays gas, water/sewer and trash utilities. Upgraded Interiors boast granite kitchen counters and tile backsplash, newer cabinets, tile or vinyl plank flooring, stainless appliances, plantation style blinds. Many recent improvements completed including replacement of wood fascia, fresh exterior paint (3 coats), new sod and automatic sprinkler system, new gas line, 2 new water heaters, replacement of stairs and 2nd story deck, new fence, motion sensor lights. Possibility may exist to convert the 360 SF storage/laundry room into a 5th unit through ADU conversion (Buyer to verify). Excellent opportunity for a new or seasoned investor to acquire a well maintained investment property in a beach community with strong rents in place. 15.9 GRM, 4.0% CAP on current rents

Location

State CA

County Ventura

Area Port Hueneme (93041)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Conventional

Space Rent $1,500

Listing Terms Conventional

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Nicholas Henry • Beachside Partners
Bought with NON LISTED AGENT • San Diego
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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