2024 Ventura Blvd Camarillo, CA 93010
Sale
$12,350,000
23 Units
33 Beds
23 Baths
24,187 Area(sq.ft.)
10,832 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,193 | $ 2,193 | $ 2,717 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,538 | $ 2,538 | $ 3,057 |
| 2 | 2 | 3 | 3 | $ 4,731 | $ 4,731 | $ 5,774 |
| MLS #: | 24-361715 |
| Days On Market: | 8 |
| County: | Ventura County |
| Property Type: | Residential Income |
| Price per ft2: | $ 511 |
| Price per unit: | $ 536,957 |
| Year Built: | 2018 |
Property Details
*2018 construction; 23 luxury apartments with destination retail *Desirable location in the heart of "Old Town" Camarillo; 88 Walkscore *Significant Rental Upside: Over $500/unit/month *Priced below replacement cost at $511 per square foot *Minutes to Camarillo Premium Outlets; Convenient freeway/metro access *High barrier-to-entry market with limited new supply *All Parcel Numbers: 162-0-104-010; 162-0-135-050; 162-0-135-060 *Rents shown are averages for one 1 and 2 bedroom floorplan, see rent roll for full unit breakdown *See Agent Remarks/Showing Information for Property Website to access Offering Memorandum, Rent Roll, Retail Leases, etc. and Tour Dates.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 5% |
| Gross Operating Income: | $ 895,082 |
| Total Annual Expense: | $ 391,789 |
| Net Operating Income: | $ 580,974 |
| Gross Annual Income: | $ 937,082 |
| Gross Rent Multiplier: | 19.57 |
Structure
| Type of Units: | income |
| Buildings: | 1 |
| Levels: | Multi/Split |
Land & Parking
| Zoning: | CPD |
| Parking Garage: | Covered Parking, Side By Side |
| Total Parking: | 36 |
Interior
| AC/Cooling: | Central |
| Equipment: | Microwave, Dishwasher, Elevator, Range/Oven, Refrigerator |
| Heating: | Central |
| Laundry: | Community |
Exterior
Detailed Map
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