1159 East Meta Street Ventura, CA ^$ 3,950,000

1159 East Meta Street

^$ 3,950,000

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1159 East Meta Street

Ventura, CA, 93001

^$ 3,950,000

Studio Baths0.0 Sq 7,876

Monthly Estimate*

^$ 27,592

1159 East Meta Street, Ventura, CA 93001 - Image 1

1159 East Meta Street, Ventura, CA 93001 - Image 2

1159 East Meta Street, Ventura, CA 93001 - Image 3

1159 East Meta Street, Ventura, CA 93001 - Image 4

1159 East Meta Street, Ventura, CA 93001 - Image 5

1159 East Meta Street, Ventura, CA 93001 - Image 6

Studio

Multi-Family Home for sale in Ventura, CA

for $3,950,000. This 7,876 square foot home was built in 1965 on a lot size of 0.16.

We are pleased to present 1159-1171 E Meta St, two adjacent 8-unit apartment complexes on separate parcels in Downtown Ventura. Built in 1965, the two buildings are each comprised of 8 one-bedroom one-bathroom units. Given that the 16 units are split between two parcels, there is no onsite management legally required. Located just a couple blocks from the ocean, tenants of the property enjoy the beautiful coastal weather and beach access. Additionally, the property is close distance of Cabrillo Middle School, Lincoln Elementary School, Memorial Park, and Plaza Park providing a sensible housing option for families. Situated in Downtown Ventura, residents further benefit from the proximity to coffee shops, eateries, retail, and entertainment options.

Multi-Family Contingent

Price

^$ 3,950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1965

Town/City

Ventura

County/Region

Ventura

MLS | Web ID

0023339365

Features

General

Zoning DR

Year Built 1965

Levels Two

County Ventura

Net Operating Income 193129.0

New Construction No

Property Type C

HOA / Comm Assn No

Contingency Active Under Contract

Status Active Under Contract

City Ventura

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area California St. to Mills Rd

Lot Size Square Feet 7000.0

Street Name Meta

Additional Parcels Y/N Yes

Standard Status Active Under Contract

Year Built Source Other

Buyer Agent Compensation Type %

Interior

Flooring Laminate Carpet

Total Stories 2

Street Suffix Street

Laundry Features In Carport

Total Baths 0

Exterior

Parking Features Gated

Inclusions The adjacent 1171 E Meta St building is also included in this listing on a separate

Lot Size Area 7000.0

Building Area Total 7876.0

Lot Size Acres 0.16

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Daniel Withers

Listing Agent

Matthews Real Estate Investment Services

Broker

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$27,592

Per Month

Monthly Principal & Interest: $27,592
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ventura, CA

Average List Price ^$2,289,455

Percent of Sale Price 42%

About Ventura, CA

108,765 Population

8% Since 2002

^$66,750 Median Income

39.61 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/19/2023	$3,950,000		Listed Price

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1159 East Meta Street, Ventura, CA, 93001 is a Multi-Family Home for sale at $3,950,000 with 7,876 sqft and a lot size of 0.16. 1159 East Meta Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 93001 which is in Ventura, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/21/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1159 East Meta Street

Multi-Family Home for sale in Ventura, CA

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