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

Baths Full: 4
Living Area: 2992
Lot Size Acres: 0.17
Lot Size Square Feet: 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 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

Listing Location and Property Info

Listing Contract Date: 2022-03-18
Street #: 320
Street Name: Arcade
Street Suffix: Drive
County: Ventura
State: CA
Postal Code: 93003
Parcel Number: 0750103210
MLS Area: VC24 - Ventura-Calif-Mills
Subdivision: Arcade - 0233
Country: US

Listing Info

Total # of Units in Complex: 2

Property Info

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

Status Change Info

Purchase Contract Date: 2022-04-15
Close Date: 2022-06-01
Close Price: 1600000
Sold Price/SqFt: 534.76

More Information

Units Information

Number of Units Leased: 3
Total Actual Rent: 6635
NumberOfSeparateElectricMeters: 2
NumberOfSeparateGasMeters: 2
NumberOfSeparateWaterMeters: Yes

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

HOA 1 Information

HOA: No

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.