1251 Weymouth Lane, Ventura, CA 93001 (MLS # V1-22177)

Price $1,595,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,003 sqft
Lot Size 3,834 sqft
Days on Market 79
1950's Ventura Beach Cottage down the lane from the beach, located in quintessential Pierpont Beach. Originally built in 1953, the Cottage is remodeled to a chic beach cottage with all modern amenities. Three bedrooms, two baths, and approximately 1003 square feet. Private front and rear yards with patios plus parking for three cars. Stroll a quarter block from your front door down a quaint neighborhood street to a beautiful uncrowded beach with spectacular views of the Channel Islands. Currently a licensed Short Term Vacation Rental # 2251 with amenities that include a 48in. flat screen TV and Blu-ray DVD, wireless internet, fire pit, BBQ, bikes and boogie boards. Book of business already established through August. Currently being rented at $10K per month. $100K per year gross income per year for seller. Cap rate is 4.5%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer.
Property Type(s): Single Family
Last Updated 3/27/2024 Year Built 1953
Community Ventura Beach S. of Ventura River to S.C. Garage Spaces 1.0
County Ventura

SCHOOLS

Jr. High School Cabrillo
High School Ventura

Additional Details

AIR None
APPLIANCES Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
AREA Ventura Beach S. of Ventura River to S.C.
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE Yes
HEAT Wall Furnace
LOT 3832 sq ft
LOT DESCRIPTION Sprinklers None, Yard
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Bungalow, Cottage
VIEW DESCRIPTION None
WATER Public
ZONING R-1-B

Location

 

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