Ventura, CA 93001,1260 Poli ST
Ventura, CA 93001,1260 Poli ST
Ventura, CA 93001,1260 Poli ST
21
$1,100,000
$1,350,000
18.5%
Est.Price: ?

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9,265 Sqft Lot

1260 Poli ST Ventura, CA 93001

Est. payment /mo
SOLD DATE : 01/17/2020

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Key Details

Sold Price $1,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ventura: Other - 0024

MLS Listing ID V0-219012486

Year Built 1961

Lot Size 9,265 Sqft

Property Description

Rare 4 plex on Ventura hillside with wide open OCEAN AND ISLANDS views! Great investment potential. Property has deferred maintenance. One unit is very rough and another needs updating. Back 2 units are in good condition. Property has been in this family for 40 years or more. Very nice views, close to Down town, close to the beach - the best of all worlds! Property is very close to Cemetery Park. Ample parking. Carport in back is a potential garage. Seller lives out of area, please allow time to present offers. This is a diamond in the rough! With TLC it can be FABULOUS! One building with all four units running the length of the lot. Beautiful view from the front unit. This is an opportunity to develop and own a 4 unit building in an excellent location with a beautiful view, access to down town, access to the beach and be 30 minutes from Santa Barbara - 70 miles from Los Angeles! NOTHING ELSE COMPARES!!!! Property is owned by a trust and is being sold in ''as is'' condition.Trustee is out of state - please allow time for seller to respond to offer. Rents are low due to long term tenants and recent vacancy. Property needs upgrading. After which monthly rent should increase to $8,300 and annual income to $99,600.

Location

State CA

County Ventura

Zoning DR

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Laundry None

Exterior

Parking Features Attached Carport, Covered

Community Features Park

Utilities Available Sewer Connected, Water Connected

View Y/N Yes

View Ocean, Water

Roof Type Flat

Building

Lot Description Irregular Lot, Level, Near Park

Story 1

Foundation Combination, Raised, Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by James Wick • Helen Yunker Realty
Bought with Stephanie Lukas • Century 21 Everest

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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