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1260 Poli Street, Ventura, CA 93001

8 Bed, 5 Bath Multi-Family Home For Sale

1260 Poli Street, Ventura, CA 93001 House For Sale - MLS #219012486
$1,350,000
8
5
Multi-Family
4 Family
This listing is courtesy of James Wick from Helen Yunker Realty.

Property Description for 1260 Poli Street, Ventura, CA 93001

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.

Interior Details

2,720 sq. ft.
$496.32/sq. ft.
Sewer
Public

Exterior Details

0.21 acres
9,265 sq. ft.

Other Details

219012486
1961
3

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 2     

Unit #2
Bedrooms: 2      Full / Half Baths: 1     

Unit #3
Bedrooms: 2      Full / Half Baths: 1     

Unit #4
Bedrooms: 2      Full / Half Baths: 1     

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Town Description

Ventura, called San Buenaventura until 1891, is the county seat of Ventura County, California, United States, incorporated in 1866. The population was 100,916 at the 2000 census. The April 2010,...

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