$1,495,000
For Sale

1251 Weymouth Lane

Ventura, CA 93001
1003 sqft | 3 beds | 1.75 baths | 0.09 acres | #V1-22177
Listing OfficeRE/MAX Gold Coast REALTORS
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Type:Purchase
Structure:House
Zone:Residential

Description

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 5.1%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer.

  • Interior Details
      • Bathrooms1.75
      • Bedrooms3
      • Full Baths1
      • 3/4 Baths1
  • Property Details
      • Lot DescriptionSprinklersNone, Yard
      • Stories1
    • Measurements
      • Acres0.088
      • Square Feet1003
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1953
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Middle SchoolCabrillo
      • High SchoolVentura
      • CountyVentura
  • Financial Details
      • Original List Price$1,595,000
  • Other
      • MLS #V1-22177

Location

Jane MongeReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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