1260 Poli Street Ventura, CA 93001

$1,350,000 

1260 Poli Street

 
Year Built: 1961
Land: 0.21 acres (approx.)
MLS ID: 219012486
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.


 
 
Listing Courtesy of:
Helen Yunker Realty
James Wick
mes1448236800

Interior Features

Design Features
Carpet
Heating & Cooling
None
Wall Furnace
Other Features
Carbon Monoxide Detector(s)
Smoke Detector(s)

Exterior Features

Type of Property
ResidentialIncome
Garage/Parking
Attached Garage Bays:
Attached Parking Bays: Covered,Uncovered,Attached Carport
Parking Lot Bays: 4.00
Covered
Uncovered
Attached Carport
Other Features
Flat
Architectural Style
Contemporary
Views
Ocean
Water

Property/Lot Details

Lot Location
Irregular Lot
Level
Park Nearby
Property Location
Ground Level - No Steps
Ground Level w/Steps
Utilities
Cable Available
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY
 
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