Sold

Closed

1943 Channel Drive

Ventura CA, 93001

$1,355,000


Sold

Closed

Residential

Built in 1926

Listed by Craig Lieberman with Apartment Investment Specialis (805) 320-6646

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.

V1-25513

MLS ID

August 31, 2024

Listed

December 5, 2024

Updated

Map

1943 Channel Drive
Ventura CA, 93001

Interior Features

Appliances

Gas Oven


Laundry Description

None


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Sprinklers None

Other Property Details

Days on Market

39


Garage

No


Parking

None


Parking Total

0


View

No


View Description

None


County

Ventura


Pool

No


Pool Features

None

Listing History

Date

Event

Price

10/9/2024

Sold

$1,355,000

9/24/2024

Under contract

Listing Contact: (805) 320-6646 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 4:30 AM UTC

 

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