642 EMPIRE AVENUE Ventura, CA, 93003
$ 1,200,000Bedrooms 8 Baths0.0 Sq 4,224
for $1,200,000 with 8 bedrooms. This 4,224 square foot home was built in 1959 on a lot size of 0.1 Acre(s).
OWNER FINANCING!!!!Was on the market as 8 units with adjoining building. Can still be bought as 8 units if buyer wants both buildings for 2400, 0000. Large 2+2 (almost 1100 sq ft, estimated) Lower units have 2 patios. Upper units have wrap around balconies. All units have their own single garage. All units are occupied on mo/mo. Rents are severely low for the market.Owner will carry with 25% down at 4.9% interest only for 3 years to allow buyer to catch up with market rents , then fully amortized for 2 years for a total carry of 5 years. Great location Great opportunity, Tax rolls have address as 642, address is actually 636.
Flooring Carpet(s) Vinyl Tile
Heating System Central Water Heater Water Heater
List By Linda Freeny
California Oaks Inc
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% 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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Multi-family listings in Ventura, CA
Average List Price $1,287,871
Percent of Sale Price 7 %
About Ventura, CA
8 %Since 2002
$ 66,750 Median Income
39.61 Median Age
29 % Households with Children