102 N Kalorama ST Active Save Request In-Person Tour Request Virtual Tour
Ventura,CA 93001
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,410 sqft
Price per Sqft $673
Subdivision Ventura: Other
MLS Listing ID V1-26395
Year Built 1952
Lot Size 9,147 Sqft
Property Description
Truly a rare opportunity to acquire this downtown Ventura pride of ownership turnkey condition 4plex with expansive ocean views from every unit. 102 N Kalorama ST features (4) 2BD/1BA apartments set on a 9,147 SF corner view lot just 2 blocks from vibrant Main St and 1 mile from the iconic Ventura Pier. Amenities include individual garages, stainless steel appliance package, onsite laundry room (machines owned), lush landscaping with sitting area facing ocean and resident vegetable boxes.In 2018 all interiors were extensively renovated to include modern open floor plan w/ refinished hardwood floors, new kitchens (cabinets, quartz counters, stainless steel appliances, tile floor and backsplash, new baths (tub, floor tile, sink and toilet) along with modern plumbing and electrical finishes throughout. A 30-year life roof was installed in 2010. Plumbing has been repiped with mix of ABS and pex piping. Electrical was recently updated to include new outlets, light fixtures and switches and in 2007 a new 400 amp service panel was installed with (4) 100 amp subpanels. The building has a raised foundation. Market rate rents are in place along with a utility billback system for water and trash. Assumable loan of $1.180M available at 4.5% interest only through July 2028. Garages offer astute investor the potential to convert to an ADU. This is a rare investment opportunity steps away from Ventura's vibrant downtown scene with capital expenditures for the site already completed. With the unbeatable location, turnkey condition, large lot, garages and excellent assumable financing this property will not last.
Location
State CA
County Ventura
Area Vc29 - Hillside Above Poli St./ Foothill Rd
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Cooling None
Flooring Wood
Fireplaces Type None
Laundry Common Area
Exterior
Garage Door-Single,Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Excellent Condition
Pool None
Community Features Sidewalks
View Y/N Yes
View Mountain(s),Ocean
Roof Type Composition
Building
Lot Description Sprinklers None
Story 2
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard