StatusAccepting Backup Offers (Active Under Contract)
About 473477 W Ramona St
The subject property consists of 15 residential units, all of which contain 390 sq. ft. each (5,863 total sq ft), with all units contained within eight building structures (seven duplexes and one building housing one additional unit) built in 1926. Parcel size is approximately 33,105 sq ft. This building spatial configuration provides for a large open area currently used by tenants as open area, but is available for the following ADU additions. On September 19th of this year, SB 1211 was signed into law, which affords an owner of a multifamily property the ability to secure entitlements for the same number of ADUs as the existing residential units, up to a maximum of 8 ADUs.The property currently generates $17,225 ($1,148/unit average) for a total gross annual rental income of $206,700, making the financial metrics a 12.8 GRM & a 4.6% cap rate.
Property Details
Property Features
Property Information:
Year Built: 1926
Listing Office:
Office Name: Apartment Investment Specialis
Office Phone: (805) 320-6646
Listing Agent: Craig Lieberman
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 15 spaces
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.76 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: On the corner of W Ramona Street and Riverside Street
Price Information
Listing Price Info
Price Summary:
List Price: $2,650,000
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Housing Market Comparison
See how this home compares to others in Ventura, CA.
This property is $1.7M more than the Median Sold Price in Ventura, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #V1-26683
Listing Office:
Office Name: Apartment Investment Specialis
Office Phone: (805) 320-6646
Listing Agent: Craig Lieberman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/16/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Sheridan Way Elementary School
573 Sheridan Way
Distance between this listing and this school0.13 miles
Public District Grades KG-5
4
/10
E. P. Foster Elementary School
20 Pleasant Pl
Distance between this listing and this school0.59 miles
Public District Grades KG-5
5
/10
Lincoln Elementary School
1107 E Santa Clara St
Distance between this listing and this school1.47 miles
Public District Grades KG-5
Nearby Schools
5
/10
De Anza Academy of Technology and the Arts
2060 Cameron St
Distance between this listing and this school1.01 miles
Public District Grades 6-8
6
/10
Ventura Charter School of Arts and Global Education
2060 Cameron St
Distance between this listing and this school1.05 miles
Public Charter Grades KG-8
6
/10
Cabrillo Middle School
1426 E Santa Clara St
Distance between this listing and this school1.74 miles
Public District Grades 6-8
Nearby Schools
6
/10
Ventura High School
2 N Catalina St
Distance between this listing and this school2.31 miles
Public District Grades 9-12
6
/10
Golden Valley Charter
3585 Maple St Ste 101
Distance between this listing and this school3.71 miles
Public Charter Grades KG-12
2
/10
Pacific High School
501 College Dr
Distance between this listing and this school3.92 miles
The neighbors living near this home have an average income of $31,393. Most Ventura, CA residents have annual incomes less than $35k. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 473477 W Ramona St
What is the listing price of this property?
The listing price of 473477 W Ramona St property is $2,650,000.
What type of property is this?
The property 473477 W Ramona St is a house located in Ventura, California, 93001.
Is this property for sale now?
Accepting Backup Offers: 473477 W Ramona St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
Which year was this property built?
The year of construction for 473477 W Ramona St is 1926.
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This home is located at 473477 W Ramona St in Ventura, CA and zip code 93001 in the Westside neighborhood. This home, which was built in 1926, sits on a 0.76 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $2,650,000.
In October 2024 more than 23 listings in Ventura, CA were sold above the asking price. During the same period more than 31 listings were sold at asking price, while more than 33 were sold below. Between September 2024 and October 2024, Ventura, CA real estate market has seen increase in the number of listings by 0.6%. While the average time on the market in October 2024 was 43 days, the median list price was $865,106.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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