Our office is pleased to offer for sale an 8 Unit apartment complex located on Whipporwill Street in Ventura. This 8 unit complex consists of two 1+1 units and six 2+1 units, in a very high demand area of Ventura. Built in 1970, the approximately 5,803 sf building is situated on a 9,148 sf lot, walking distance to Montalvo Square plaza for shopping, gyms and restaurants. Carport parking is accessed off the alley to the rear of the building. The existing laundry room is currently free to residents. A transition to coin-op laundry machines would be an easy way to increase net income. 7 of the 8 units are currently vacant. Several of the units have recently be upgraded to laminate flooring. The entire property has been upgraded with vinyl windows throughout.
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