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6418 Hummingbird Street

Ventura, CA 93003

$2,100,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1973

calendar_month Built

Property Description

This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.

Listing Information

List Price $2,100,000
Status Active
MLS V126685
HOA $0
Type Residential Income
Year Built 1973
Lot Size 7,840
Structure Size N/A
DOM 23
Courtesy Of Apartment Investment Specialis
Listing Agent Craig Lieberman DRE#00682741

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

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king_bed N/A
straighten N/A
straighten N/A
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king_bed N/A
straighten N/A
straighten N/A
2754 Sherwin Avenue, #1,

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$3,500/month

king_bed 4
shower 2
straighten 1,572
straighten 7,500
2410 Grand Avenue,

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king_bed N/A
straighten N/A
straighten N/A
2790 Sherwin Avenue, #10,

Ventura, CA 93003
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$845,000

king_bed 3
shower 2
straighten 1,321
straighten 7,405
6861 Bristol Road,

Ventura, CA 93003

Listing information courtesy of: Craig Lieberman, Apartment Investment Specialis (805) 320-6646. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:26 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.