1256 E Main Street, Ventura, CA 93001

$5,995,000
Property Type: Residential Income Bedrooms: 24 Baths: 24 Square Footage: 11,603 Lot Size (sq. ft.): 13,939 Status: Pending
Current Price: $5,995,000 List Date: 3/20/2025 Last Modified: 11/05/2025

Description

This is a 12 unit apartment building in Midtown, Ventura. Short walk to the beach and downtown Ventura. There is a gated 13,000 sq. ft. on grade concrete garage with 22 parking spaces, and 10 walk in storage units with a elevator to all floors. There is a large common area courtyard with beautiful views. Each unit has it's own private patio also. All the units are one story, approximately 1,000 sq. ft. The upstairs units have volume ceiling's and nice ocean views. The downstairs unit have easy access to the common courtyard and partial ocean views. Each unit has 2 bedrooms, 2 full bathroom's, central heating, full size washer and dryer, built in oven/range and microwave, and dishwasher.

Supplements: ********

More Information MLS# 225001372

Listing, Location and Property Info

Entry Date: 2025-03-20 List Price/SqFt: 516.68

General Property Information

Common Walls: Yes # Bedrooms: 24 Baths - Full: 24 Baths - Total: 24 Approx SqFt: 11603 Lot Acres: 0.32 Lot SqFt: 13939 Year Built: 2001

Listing Info

Total # of Units in Complex: 12

Property Info

View: Yes Pool: No Spa: No Fireplace: No Senior Community: No Price Per/Unit: 516.67 Elevators: Yes Water Heater: Yes Dwelling Total Floors: 2 # of Buildings: 1

Land Lease Type

Other: 1

Special Conditions

Standard: 1

Terms

Cash to New Loan: 1

Possession

Close of Escrow: 1

Lease Per Month/Year

Month: 1

Lot Description

Automatic Gate: 1 Gated Community: 1

View Type

Coastline View: 1 Ocean View: 1

Disclosures

List Agent/Owner Related: 1 Owner Has Real Estate License: 1

Units Information

Average SqFt 2 Bedroom: 1000 # of Dishwashers: 12 # of Disposals: 12 # of Patios: 13 # of Ranges: 12 # Separate Electric Meters: 13 # Separate Gas Meters: 12

Building Style

Craftsman: 1

Laundry Locations

Area in Unit: 1

Levels

Two: 1

Entry Location

Elevator: 1 Ground Level - No Steps: 1 Main Level: 1

Appliances

Dishwasher: 1 Dryer: 1 Garbage Disposal: 1 Gas Dryer Hookup: 1 Vented Exhaust Fan: 1 Washer: 1

Laundry Equipment

Own: 1

Cooking Appliances

Cooktop - Gas: 1 Free Standing Gas: 1 Microwave: 1 Oven-Gas: 1

Roofing

Composition Shingle: 1

Security Safety

Automatic Gates: 1 Carbon Monoxide Detector(s): 1 Fire & Smoke Det Sys: 1 Fire Rated Drywall: 1 Fire Sprinklers: 1 Gated Community: 1 Smoke Detector: 1

Foundation

Concrete Slab: 1

Flooring

Carpet: 1 Ceramic Tile: 1 Wood/Wood Like: 1

Property/Land Information

Actual Total Rent $: 370059 Adjusted Gross Income $: 370059 Annual Gross Rent $: 370059 Gross Annual Income: 370059 Gross Rent Multiplier $: 16.2 Operating Expenses $: 114259

Sewer

Public Sewer: 1

Water

District/Public: 1 Fire Hydrant: 1

Heating Type

Central Furnace: 1 Forced Air: 1

Heating Fuel

Natural Gas: 1

Interior Features

Elevator: 1

Windows

Screens: 1 Vertical Blinds: 1 Window Blinds: 1

Patio Features

Concrete Slab: 1

Water Heater Feature

Natural Gas: 1 Water Heater Unit: 1

Parking Spaces/Information

Number of Remotes: 22 Total Garage Spaces: 22 Total Parking Spaces: 22

Parking Type

Assigned: 1 Community Garage: 1 Garage Attached: 1 Private: 1 Side by Side: 1

Parking Features

Auto Driveway Gate: 1 Built-In Storage: 1 Covered Parking: 1 Direct Access: 1 Garage: 1 Garage Door Opener: 1 Gated: 1 Private: 1

HOA 1 Information

HOA: No

Landlord Pays For

Gardner: 1 Water: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Gas: 1

Unit 1 Furnished

Unfurnished: 1

Listing Location and Property Info

Status: Pending Entry Date: 2025-03-20 Listing Price: 5995000 Current Price: $5,995,000 Street #: 1256 Direction: E Street Name: Main Suffix: Street County: Ventura State/Province: CA Zip Code: 93001 APN/Tax ID: 0730153040 Area: VC24 - Ventura-Calif-Mills Country: US

Status Change Info

Pending Date: 2025-11-03

Parking SpacesInformation

Total Covered Spaces: 22

PropertyLand Information

Cap Rate %: 4.29 Net Operating Income: 252100

Property Features

Land Lease Type: Other Special Conditions: Standard Terms: Cash to New Loan Possession: Close of Escrow Lot Description: Automatic Gate; Gated Community View Type: Coastline View; Ocean View Disclosures: List Agent/Owner Related; Owner Has Real Estate License Building Style: Craftsman Levels: Two Entry Location: Elevator; Ground Level - No Steps; Main Level Appliances: Dishwasher; Dryer; Garbage Disposal; Gas Dryer Hookup; Vented Exhaust Fan; Washer Laundry Equipment: Own Cooking Appliances: Cooktop - Gas; Free Standing Gas; Microwave; Oven-Gas Foundation: Concrete Slab Flooring: Carpet; Ceramic Tile; Wood/Wood Like Heating Type: Central Furnace; Forced Air Heating Fuel: Natural Gas Interior Features: Elevator Laundry Locations: Area in Unit Security Safety: Automatic Gates; Carbon Monoxide Detector(s); Fire & Smoke Det Sys; Fire Rated Drywall; Fire Sprinklers; Gated Community; Smoke Detector Windows: Screens; Vertical Blinds; Window Blinds Roofing: Composition Shingle Patio Features: Concrete Slab Sewer: Public Sewer Water: District/Public; Fire Hydrant Water Heater Feature: Natural Gas; Water Heater Unit Parking Type: Assigned; Community Garage; Garage Attached; Private; Side by Side Parking Features: Auto Driveway Gate; Built-In Storage; Covered Parking; Direct Access; Garage; Garage Door Opener; Gated; Private Landlord Pays For: Gardner; Water Tenant Pays: Cable TV; Electricity; Gas Unit 1 Furnished: Unfurnished
Listing Office: Ryan Real Estate & Development
Listing Agent: Timothy Ryan | Timryan.re@gmail.com
Agent Email: Timryan.re@gmail.com
Last Updated: November - 05 - 2025
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. 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.