320 Arcade Drive, Ventura, CA 93003

$1,600,000
Property Type: Residential Income Bedrooms: 7 Baths: 4 Square Footage: 2,992 Lot Size (sq. ft.): 7,551 Status: Closed
Current Price: $1,600,000 List Date: 4/02/2022 Last Modified: 6/02/2022

Overview

Description

Beautiful Midtown 2 separate unit duplex with Granny Flat and 3-car garage. Front unit is a 2 bed 1 bath, Rear unit is a tri-level 4 bed 2 bath with views. Granny Flat located in rear on 1 floor of rear unit. Located near Beach, shopping and restaurants. Live in one and rent the others out. Great rental! May be possible to add additional unit, Buyer to investigate.

Listing Details MLS# 222001422

General Property Information

# Bedrooms
7
Baths - Full
4
Baths - Total
4
Approx SqFt
2992
Lot Acres
0.17
Lot SqFt
7551
Year Built
2006
Common Walls
Yes

Property Features

Land Lease Type: Fee Simple Special Conditions: Standard Terms: Cash; Cash to New Loan Possession: Subject to Tenants Rights View Type: Ocean View Other Property Features: Balcony Property Condition: Updated/Remodeled Disclosures: Subject to Other Levels: Multi Level Flooring: Carpet; Ceramic Tile; Wood/Wood Like Heating Type: Central Furnace; Wall Furnace Heating Fuel: Natural Gas Laundry Locations: Inside Water Heater Feature: Tankless Green Energy Generation: Solar Parking Features: Garage Door Opener Landlord Pays For: Electric; Gardner; Gas; Water Unit 1 Furnished: Unfurnished Unit 2 Furnished: Unfurnished Financing: Cash Sold Terms: Exchange/Trade

Listing Location and Property Info

Entry Date
2022-03-18
Listing Price
1550000
Street #
320
Street Name
Arcade
Suffix
Drive
County
Ventura
State/Province
CA
Zip Code
93003
APN/Tax ID
0750103210
Area
VC24 - Ventura-Calif-Mills
Subdivision/Tract Code
Arcade - 0233
Country
US

Listing Info

Total # of Units in Complex
2

Property Info

Miles to Beach
Yes
View
Yes
Alley
No
Dwelling Total Floors
3
# of Buildings
2
Pool
No
Spa
No
Fireplace
No
Elevators
No
Water Heater
Yes
Senior Community
No

Status Change Info

Pending Date
2022-04-15
Closed Date
2022-06-01
Closed Price
1600000
Sold Price/SqFt
534.76

More Information

Units Information

Number of Units Leased
3
Total Actual Rent
6635
# Separate Electric Meters
2
# Separate Gas Meters
2
# Separate Water Meters
Yes

HOA 1 Information

HOA
No

Unit 1 Information

Unit-1 # of Beds
2
Unit-1 # of Baths
Yes
Unit-1 Monthly Rent
2250

Unit 2 Information

Unit-2 # of Beds
5
Unit-2 # of Baths
3
Unit-2 Monthly Rent
4385

Listing, Location and Property Info

Entry Date
2022-04-01
List Price/SqFt
518.05
Zip + 4
2708

Land Lease Type

Fee Simple
Yes

Special Conditions

Standard
Yes

Terms

Cash
Yes
Cash to New Loan
Yes

Possession

Subject to Tenants Rights
Yes

Lease Per Month/Year

Month
Yes
See Remarks
Yes

Financing

Cash
Yes

View Type

Ocean View
Yes

Other Property Features

Balcony
Yes

Property Condition

Updated/Remodeled
Yes

Disclosures

Subject to Other
Yes

Laundry Locations

Inside
Yes

Levels

Multi Level
Yes

Sold Terms

Exchange/Trade
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Wood/Wood Like
Yes

Property/Land Information

Actual Total Rent $
6635
Annual Gross Rent $
79620
Operating Expenses $
994

Heating Type

Central Furnace
Yes
Wall Furnace
Yes

Heating Fuel

Natural Gas
Yes

Water Heater Feature

Tankless
Yes

Green Energy Generation

Solar
Yes

Parking Spaces/Information

Total Garage Spaces
3

Parking Features

Garage Door Opener
Yes

Landlord Pays For

Electric
Yes
Gardner
Yes
Gas
Yes
Water
Yes

Unit 1 Furnished

Unfurnished
Yes

Unit 2 Furnished

Unfurnished
Yes
Listing Office: Lifestyles Fine Homes & Estates
Listing Agent: Mark L Ricks | markricks@ymail.com
Agent Email: markricks@ymail.com
Last Updated: June - 02 - 2022
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.