47-53 West Prospect Street

Ventura, CA 93001

$1,900,000
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Description

Unique investment property located in the Historic Simpson Tract of the beautiful City of Ventura. Seven units on one parcel, 48-52 West Center Street is comprised of four studio units, each unit has space in garages located behind property for storage. Long driveway with ample parking. One unit recently painted throughout, new flooring in kitchen and bathroom, this unit is currently vacant.
47-53 West Prospect is located behind the garages on West Center Street. 47 West Prospect is a two bedroom,
...Unique investment property located in the Historic Simpson Tract of the beautiful City of Ventura. Seven units on one parcel, 48-52 West Center Street is comprised of four studio units, each unit has space in garages located behind property for storage. Long driveway with ample parking. One unit recently painted throughout, new flooring in kitchen and bathroom, this unit is currently vacant.

47-53 West Prospect is located behind the garages on West Center Street. 47 West Prospect is a two bedroom, one bathroom upstairs unit located above the garages. 49 - 53 West Prospect is a single story Mediterranean style duplex, each unit is one bedroom, one bathroom with original built in shelving around fireplace. All of these units have private storage space in garage and have washer dryer hook-ups inside the units. 49 West Prospect updated in 2021 with new flooring and fresh paint. Close to lively downtown, stunning beaches, and freeways with easy access North and South. Great investment opportunity!
  1. Listed by Rhyan Burrows • DRE #01401065 • Burrows Real Estate Company

Property Details for 47-53 West Prospect Street

Subdivision Name
Ventura Ave - 0208
Garage Spaces
.00
View
None

Location

Listing Courtesy of Burrows Real Estate Company, Rhyan Burrows, DRE #01401065
Add your commute
LISTING UPDATED: 05/20/2024 12:05 AM

Property Details for 47-53 West Prospect Street

StatusActive
MLS #V1-23575
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.27 AC / 11,666 SF
CountyVentura County

Location

Listing Courtesy of Burrows Real Estate Company, Rhyan Burrows, DRE #01401065
Add your commute

Building Information for 47-53 West Prospect Street

Stories-Residences-Year Built1926Building Size-Lot Size0.27 AC / 11,666 SF

Payment Calculator

$10,369 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,369

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 47-53 West Prospect Street

Summary
Location and General Information
  • Community Features: Biking, Fishing, Hiking, Mountainous, Park, Sidewalks
  • City: Ventura
  • Directions: Ventura Avenue, left onto W. Prospect, parcel is on right side 47, 49, 53 W. Prospect. This parcel also includes 48-52 W. Center Street, located behind 47-53 W. Prospect.
  • Area: VC21 - Ventura - Ventura Ave
  • Unparsed Address: 47-53 West Prospect Street, Ventura, CA 93001
Parking
  • Parking Features: Driveway
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sprinklers None
  • Lot Size Acres: .27
  • Lot Size Square Feet: 11,666.00
  • Lot Size Area: 11,666.00
  • Lot Size Units: Square Feet
  • Parcel Number: 0710101050
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: Attached
  • Documents Count: 5
  • Exclusions: All of tenant's personal property.
  • New Construction: No
  • Property Attached: Yes
  • Year Built Source: Seller
  • Senior Community: No
Utilities
  • Cooling: None
  • Cooling: No
  • Sewer: Public Sewer
  • Water Sewer Expense: $3,720.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Pool: No
  • Spa Features: None
  • Spa: No
Interior Features
  • Appliances: Gas Range
  • Total Bathrooms: 0
  • Fireplace: Yes
  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: None
  • View: No
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $113,460.00
  • Net Operating Income: $108,428.00
  • Insurance Expense: $.00
  • Number Of Buildings: 3
  • Number Of Units Leased: 6
  • Operating Expense: $3,720.00
  • Special Listing Conditions: Trust
  • Trash Expense: $1,312.00
Rental
Rental Information
  • Rent Control: No

Property History for 47-53 West Prospect Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 47-53 West Prospect Street

This home is within Ventura Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Will Rogers Elementary School
PublicK to 5

De Anza Academy Of Technology And The Arts
Public6 to 8

Ventura High School
Public9 to 12

Homestead (Alternative) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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47-53 West Prospect Street is a multi-family home for sale in Ventura, CA 93001. This property was listed for sale on May 16, 2024 by Burrows Real Estate Company, it's currently listed at $1,900,000. This listing's school district is Ventura Unified School District. Nearby schools include Will Rogers Elementary School, De Anza Academy Of Technology And The Arts and Ventura High School. 47-53 West Prospect Street is a 0-bed, 0-bath, multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Burrows Real Estate Company, Rhyan Burrows, DRE #01401065

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.