2919 Bayshore Avenue

Ventura, CA 93001

$2,250,000
Price
Beds
2,832 Sq. Ft.
$794 / Sq. Ft.
2,832
Sq. Ft.
$794
per Sq. Ft.

Description

Please refer to Offering memorandum in supplemental documents for more details This investment opportunity entails ownership of a duplex located near the coast, with one unit dedicated to short-term rentals. Situated in a prime coastal area, the property benefits from high demand from tourists and vacationers seeking accommodation. The existing short-term rental unit presents an immediate income stream, promising consistent returns. By leveraging the robust demand for coastal rentals, investors can...Please refer to Offering memorandum in supplemental documents for more details This investment opportunity entails ownership of a duplex located near the coast, with one unit dedicated to short-term rentals. Situated in a prime coastal area, the property benefits from high demand from tourists and vacationers seeking accommodation. The existing short-term rental unit presents an immediate income stream, promising consistent returns. By leveraging the robust demand for coastal rentals, investors can anticipate not only short-term income but also long-term appreciation potential.
  1. Listed by Diva Rescia • DRE #02118714 • Brokerage DRE #00530854 • Marcus & Millichap
  2. Listed by Ken Shah • DRE #01959110 • Brokerage DRE #01959110 • Trident Real Estate

Property Details for 2919 Bayshore Avenue

Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Lot Size Dimensions
5000
Living Area
2832

Location

Listing Courtesy of Marcus & Millichap, Diva Rescia, DRE #02118714; Trident Real Estate, Ken Shah, DRE #01959110
Add your commute
LISTING UPDATED: 04/19/2024 03:31 AM

Property Details for 2919 Bayshore Avenue

StatusActive
MLS #PW24074681
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.11 AC / 5,000 SF
CountyVentura County

Location

Listing Courtesy of Marcus & Millichap, Diva Rescia, DRE #02118714; Trident Real Estate, Ken Shah, DRE #01959110
Add your commute

Building Information for 2919 Bayshore Avenue

Stories2Residences-Year Built1965Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$13,034 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,279

Property Taxes

$755

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2919 Bayshore Avenue

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $25,980
  • Vacancy Allowance: 779
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $4,920
  • Number Of Rented Garages: 0
  • Current Financing: FHA, Conventional, Fannie Mae, Other, Private
Expense Details
  • Operating Expense: $20,281
  • Expense Year: $2,024
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,825
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Real Estate Tax Expense: $8,448
  • Total Expenses: $20,281
Tax / Assessment Info
  • Tax Annual Amount: $8,448
  • Tax Tract Number: 080...
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Accessibility Features: Other
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Hiking, Watersports, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: Gas Or Electric Dryer Hookup
Exterior Features
  • Security Features: Carbon Monoxide Detector(s)
  • Entry Location: LEVEL 1
  • Waterfront Features: Beach Access, Marina in Community, Ocean Side Of Highway 1, Waterfront With Home Across Road
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Back Yard, Garden, Landscaped
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage - 3 Car
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage - Three Door
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Area: 1400
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,165
  • Unit Type Total Rent: $2,165
  • Unit Type Pro Forma: 4000
  • Unit Type Area: 1400
  • Unit Type Type: 2
  • Unit Type Description: rental
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 2919 Bayshore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2919 Bayshore Avenue

Taxable ValueLand$621,388Additions$207,124Total$828,512
Tax Record2023$9,060 ($755 / month)
Home Facts
Total Finished SqFt2,832 SqFtAbove Grade Finished SqFt2,832 SqFtLot Size5,000 SqFtStyleDuplexYear Built1965ZoningR3-5DCountyVENTURAAPN080-0-282-045Fireplace TypeHas Fireplace

Schools near 2919 Bayshore Avenue

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
Pierpont Elementary School
PublicK to 5

Cabrillo Middle School
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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2919 Bayshore Avenue is a multi-family home for sale in Ventura, CA 93001. This property was listed for sale on April 15, 2024 by Marcus & Millichap, it's currently listed at $2,250,000. This listing's school district is Ventura Unified School District. Nearby schools include Pierpont Elementary School, Cabrillo Middle School and Ventura High School. 2919 Bayshore Avenue is a 0-bed, 0-bath, 2,832 sqft multi-family home built in 1965.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Marcus & Millichap, Diva Rescia, DRE #02118714; Trident Real Estate, Ken Shah, DRE #01959110

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.