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Off market
  • $1,136,500

    245 E Barnett St, Ventura, CA 93001

    7beds
    2,497sqft
    MultiFamily
    Built in 1985
    -- sqft lot
    $1,136,500 Zestimate®
    $455/sqft
    $3,360 Estimated rent

    Home value

    $1,136,500

    $1.06M - $1.22M

    $3,360/mo

    Zestimate® history
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    $3,360/mo

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    $3,360/mo

    Rent Zestimate®

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    $7,221/mo

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    $7,221/mo

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    What's special

    Contact Gary Chan at 805-330-1611. Learn More about The Avenue: http://findgary.com/theavenue Investor's Paradise! Buy for $649K, sell for $750K! Must move fast! Contact Gary Chan at 805-330-1611. Zillow's estimate at $722,386 makes this home a great value. This property is priced to move. Owner is expecting the area to continue revitalization on the Avenue, which will continue home value appreciation. Contact Gary Chan at 805-330-1611. The Famous Grant Park is awaiting your travel destination. Located near the heart of Ventura's downtown district comes a rare opportunity to own the greatest rental in Ventura located in a city that is rated the best place to live in America by the prestigious Men's Journal. Contact Gary Chan at 805-330-1611. Your Bungalow-style duplex awaits you, the savvy investor. Property is in good condition, well-cared for by owner, however needs updated flooring and minor kitchen/bathroom remodels. Your return on investment as a landlord: excellent. The front-unit is a 4 bed, 1.75 bath with 1500 SF of space. The Back-unit is a 3 bed, 1 bath with 1000 SF. Contact Gary Chan at 805-330-1611. Currently, the front unit is rented as a split between a 3 bed, 1 bath for $1150/mo, and 1 bed, 3/4 bath for $750/mo. Back unit is owner-occupied, on 2nd floor. Ample parking with 4 garage spaces (2 two-car garages), and a large driveway. Contact Gary Chan at 805-330-1611. Your Zestimate on this rental is $2,350/mo. However, at current rental rates, if the back-unit rents at $1150/mo, collect $3,050/mo in rent to your heart's content! This is the rare deal you've been waiting for. You've been waiting 20 years for this to come back to market. And rarely does such a deal last long. Contact Gary Chan at 805-330-1611. For the FLIP-FIXER: Price to move fast at: $649,000 Repair costs: $30,000-50,000 After-repair value: $750,000 2 bedroom rentals averaging at $1997/mo in Ventura. https://www.rentjungle.com/average-rent-in-ventura-rent-trends/ Contact Gary Chan at 805-330-1611. Your Cap Rate (pro-forma): 9-10% Water is a shared bill. Separate Gas meter: ~$35/month for each unit Electric: ~$60-80/mo for each unit. Cooling type: ceiling fan Heating type: Furnace front unit: $1150/mo + 750/mo back unit: owner-occupied http://eastbarnettstreet.needstosell.com/ Contact Gary Chan at 805-330-1611. Balboa Real Estate Over $150 million in sales. $25,000 Seller Protection Plan Disclaimer: All investments require taking risk. This listing does not guarantee results of making profit.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,497 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 6,926 Square Feet
    Details
    • Parcel number: 0690132280

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1985

    Community & HOA

    Location
    • Region: Ventura

    Financial & listing details

    • Price per square foot: $455/sqft
    • Tax assessed value: $781,302

    Price history

    DateEventPrice
    12/28/2016Sold$660,000+312.5%$264/sqft
    Source: CSMAOR #216015349 Report a problem
    3/29/1996Sold$160,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $781,302 +2%
    2025$8,422 +2.8%$765,983 +2%
    2024$8,190 $750,964 +2%
    2023$8,190 +7.4%$736,240 +2%
    2022$7,625 +2%$721,804 +2%
    2021$7,479 +1%$707,651 +1%
    2020$7,408 +1.9%$700,396 +2%
    2019$7,271 +1.7%$686,664 +2%
    2018$7,150 +2.2%$673,200 +2%
    2017$6,999 +185%$660,000 +194%
    2016$2,456 +1%$224,506 +1.5%
    2015$2,431 +1.6%$221,136 +2%
    2014$2,392 $216,806 +0.5%
    2013-- $215,828 +2%
    2012-- $211,598 +2%
    2011-- $207,450 +0.5%
    2009-- $206,392 +4%
    2007-- $198,380 +2%
    2006-- $194,492 +2%
    2005-- $190,680 +3.9%
    2003-- $183,518 +2%
    2002-- $179,920 +2%
    2001$1,939 +1.9%$176,394 +2%
    2000$1,903 $172,936
    Find assessor info on the county website

    Neighborhood: The Avenue

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,136,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,136,500