1950's Ventura Beach Cottage down the lane from the beach, located in quintessential Pierpont Beach. Originally built in 1953, the Cottage is remodeled to a chic beach cottage with all modern amenities. Three bedrooms, two baths, and approximately 1003 square feet. Private front and rear yards with patios plus parking for three cars. Stroll a quarter block from your front door down a quaint neighborhood street to a beautiful uncrowded beach with spectacular views of the Channel Islands. Currently a licensed Short Term Vacation Rental # 2251 with amenities that include a 48in. flat screen TV and Blu-ray DVD, wireless internet, fire pit, BBQ, bikes and boogie boards. Book of business already established through August. Currently being rented at $10K per month. $100K per year gross income per year for seller. Cap rate is 4.5%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer.
V1-22177
Single Family, Bungalow, Cottage, 1 Story
3
Ventura
1 Full/1 Three-Qtr
1953
0.088
Acres
Public
1
Public Sewer
1,003
Sq. Ft.
Yes
- 1
space
School Information
Cabrillo
Ventura
Bathrooms
1
1
Total:2
Detailed Room Information
- Bedroom(s)
- Main Level: 3, Total: 3
- Laundry
- In Garage
Interior Features
- Appliances
- Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Water Heater
- Flooring
- Vinyl, Wood
- Cooling
- None
- Heating
- Other. Wall Furnace.
- Common Walls
- No Common Walls
- Entry Location
- Living room
- Fireplaces
- None.
- Security
- Carbon Monoxide Detector(s),Smoke Detector(s)
Exterior / Lot Features
- Parking
- 1 Garage Spaces. 1 Parking Spaces. 0 Covered Parking Spaces.
- Patio
- Rear Porch,Patio
- Roof
- Composition, Shingle
- Pool Description
- None
- Spa
- None
- Zoning
- R-1-B
- Fence
- Wood
- Additional Exterior/Lot Features
- Sprinklers None,Yard.
Community Features
- Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
- Complex Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Financial Considerations
0810101165
Cash, Conventional
Arrows indicate 90 day trend
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