Property Description
The property has (2) 1-BD / 1 BA units (1943 & 1947 Channel Drive), and (1) studio unit (480 S Santa Cruz Street). With one vacant unit, this would be ideal for a buyer wishing to live in one unit and rent the others. Extensive renovations have been completed on interiors and property had a new roof and vinyl windows throughout installed (see Offering Memorandum (‘OM’) for renovation summary and photos), making this a completely turnkey investment. 1943 Channel Drive has its own laundry room and will be delivered vacant. The 1947 unit has laundry hookups located in the backyard, with a lease that runs thru 3/25 ($2,440/mo.). The studio unit, the former garage, is permitted, and has been leased since 2020 with monthly rent of $1,999. All three units have been upgraded (see OM), with each unit having its own backyard and the Channel Drive units benefitting from a fenced front yard.
Features
: No
: Wall Furnace
: No
: No
: No
: No
: No
Address Map
U.S.
California
Ventura
Ventura
93001
1943 Channel Drive
0
W120° 43' 38.6''
N34° 16' 20.5''
MLS Addon
$0
0 Sqft
: No
: No
10
Located on the corner of Channel Drive and S. Santa Cruz Street
0
: No

Residential Income For Sale Ventura

1943 Channel Drive, Ventura, Ventura, California, 93001

4,791 Acre
Visits : 9 in 24 days
$1,375,000
Listing ID #V1-25513
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : V1-25513
Price : $1,375,000
Year Built : 1926
Lot Area : 4,791 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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