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Gary & Colleen Wolfson
(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@bhhscal.com
DRE# 01044223
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Gary & Colleen Wolfson
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(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@
bhhscal.com
DRE# 01044223
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(858) 792-6085
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SOLD
$9,800,000
Date 12/22/2023

3574 Preble Avenue
Ventura, CA 93003

Other
Residence
25,004
Sqft
0.8884
Lot Size
Listing Agent: Nicholas Henry CalDRE: 01748131 - Beachside Partners

Description for 3574 Preble Avenue Ventura, CA 93003

Value-add 38 unit apartment building opportunity for only $267k/unit in the low turnover sale marketplace of city of Ventura. 14.1 GRM, 4.4% CAP on actual and 11.0 GRM, 6.3% CAP on market rents. Tradewinds Apartments is set on a .89 acre lot w/ garage parking, pool and laundry room. Convenient location near Pacific View Mall & Lowes, Community Memorial Hospital, Ventura College, Ventura Harbor and local beaches plus easy access to both the 101 and 126 freeways. Unit mix consists of (1) 3BD/1BA, (4) 2BD/1BA, (18)1BD/1BA and (15) studios. Utilities sep metered for electric and gas and (2) 100 gallon water heaters service building. Major upside in rental rates. Available reports include: General inspection, termite, roof and sewer lateral. OFFER DUE DATE AUG 4th @ 12PM

Property Details

V1-19141
Other, 2 Story
Ventura
1962
0.8884 Acres
2
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Listing Agent: Nicholas Henry CalDRE: 01748131 - Beachside Partners
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Gary & Colleen Wolfson

Dean Stalter, Broker CalBRE# 00625377 -

23925 Park Sorrento, Calabasas, CA 91302 | Phone: (818) 597-4513 | Email: colleenwolfson@bhhscal.com

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