Montalvo Elementary School, CA homes for sale & real estate

Montalvo Elementary School, CA Homes for Sale

Welcome to your perfect sanctuary in sunny Ventura! This 3-bedroom, 2-bathroom single-family home is ideal for first-time buyers or investors. It features a spacious living room with a gas fireplace that opens to a bright living room that welcomes plenty of natural lighting. All three bedrooms offer flexibility for a family, guests, or a home office. The open, spacious backyard is ideal for gathering and relaxation. Detached is a two-car garage with ample space for storage and vehicles, alongside a driveway with plenty of additional parking space.

Montalvo Elementary School, CA Homes for Sale

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 fix