622 Empire Avenue

8

OWNER WILL CARRY!!!!~ 25% down. Balance 4.9% interest, interest only for 3 years to allow new buyer to catch up with current rents, and then amortized 30 years due in 2 years for a total loan note of 5 years. Call for more details. Great location walking distance to Pacific view mall. Units are way under rented. Some tenants have been there a while. All are two bedrooms , two baths and each has a single garage. Lower units have two patios, one in back and one in rear. Upper units have balconies. Property has been professionally managed for many years and all maintenance problems have been taken care of. New water softener. Two 4 units side by side for a total of 8 units. Large units with a master bedroom and secondary bedroom with a bath in the hall. Seller is soon starting giving it more curb appeal by completely painting exteriors of both buildings and replacing damaged boards along with the termite work that is planned before painting. Looks like building size on tax roll could be wrong and have more feet.
622 Empire Avenue, Ventura, CA 93003 | Residential Income | Active | 7560 SF Lot | Built 1959 | 2 Stories | MLS# 219001819

Offered at $2,590,000

Features

Garage Spaces: 8 | Parking Spaces: 8 | Pool: No

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of June 17, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Linda Freeny, California Oaks Inc, Source: Local MLS