Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    6418 Hummingbird Street, Ventura, CA 93003
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    6418 Hummingbird Street
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    • MLS#: V1-26685 ( )
    • Street Address: 6418 Hummingbird Street
    • Viewed: 5
    • Price: $2,100,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1973
    • Bldg sqft: 0
    • Days On Market: 167
    • Additional Information
    • County: VENTURA
    • City: Ventura
    • Zipcode: 93003
    • Subdivision: Montalvo Heights 0262
    • Provided by: Apartment Investment Specialis
    • Contact: Craig Craig
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      This property boasts a strong unit mix comprised of six two bedroom, one bathroom units and one two bedroom, one and a half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10 year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.
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    Features
    Appliances
    1. None
    Assessments
    1. None
    Association Fee
    1. 0.00
    Common Walls
    1. No Common Walls
    Cooling
    1. None
    Electric Expense
    1. 1170.00
    Fencing
    1. Wood
    Fireplace Features
    1. None
    Fuel Expense
    1. 1605.00
    Garage Spaces
    1. 7.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 4500.00
    Laundry Features
    1. Individual Room
    Lockboxtype
    1. None
    Lot Features
    1. Sprinklers None
    Netoperatingincome
    1. 96443.00
    Parcel Number
    1. 1350172020
    Parking Features
    1. Garage
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 7316.00
    Sourcesystemid
    1. 2024111120004014077300...
    Sourcesystemkey
    1. 20241111200040140773000000:CRF
    Spa Features
    1. None
    Subdivision Name Other
    1. Montalvo Heights - 0262
    Totalexpenses
    1. 49883.00
    Trash Expense
    1. 4000.00
    View
    1. None
    Water Sewer Expense
    1. 4150.00
    Year Built
    1. 1973
    Year Built Source
    1. Public Records
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836