2621 Harbor | 2621 Harbor Blvd
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2621 Harbor 2621 Harbor Blvd
4 Unit Apartment Building $2,551,446 CAD ($637,861 CAD/Unit) 2.78% Cap Rate Ventura, CA 93001
Investment Highlights
- Great Beach Location with open, light and generous floor plans.
- Professionally Managed
- Centrally located to beach, coastal bike path and downtown.
Executive Summary
Discover a fantastic investment opportunity with this Ventura Keys quadplex at 2621 Harbor Blvd. Situated just moments from the beach and vibrant downtown Ventura, this property offers a unique chance to generate income while enjoying the coastal lifestyle. This quadplex features four light and airy units with great living space and private balconies.
Unit 1: 3 bedroom 2 bath (approx 1420 sq ft), Unit 2: 2 bedroom 2 bath (approx 1300 sq ft), Unit 3 and 4: 1 bedroom 1 bath (approx 750 sq ft each). Each unit has designated parking and an enclosed garage, ensuring convenience for tenants.
There is a community laundry room with coin operated machines. The property has been professionally managed. Tenants pay electricity and gas while owner pays water/sewer/trash. Coveted and under supplied housing market of Ventura.
The broker, agents, and seller do not guarantee the accuracy of square footage, lot size, zoning, rent control, or other property details obtained from the seller or public records. Buyers are advised to verify this information through personal inspections and professional consultations.
Unit 1: 3 bedroom 2 bath (approx 1420 sq ft), Unit 2: 2 bedroom 2 bath (approx 1300 sq ft), Unit 3 and 4: 1 bedroom 1 bath (approx 750 sq ft each). Each unit has designated parking and an enclosed garage, ensuring convenience for tenants.
There is a community laundry room with coin operated machines. The property has been professionally managed. Tenants pay electricity and gas while owner pays water/sewer/trash. Coveted and under supplied housing market of Ventura.
The broker, agents, and seller do not guarantee the accuracy of square footage, lot size, zoning, rent control, or other property details obtained from the seller or public records. Buyers are advised to verify this information through personal inspections and professional consultations.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$125,588
|
$29.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$125,588
|
$29.40
|
| Taxes |
-
|
-
|
| Operating Expenses |
$42,808
|
$10.02
|
| Total Expenses |
$42,808
|
$10.02
|
| Net Operating Income |
$82,780
|
$19.38
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $125,588 |
| Annual Per SF | $29.40 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $125,588 |
| Annual Per SF | $29.40 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $42,808 |
| Annual Per SF | $10.02 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $42,808 |
| Annual Per SF | $10.02 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $82,780 |
| Annual Per SF | $19.38 |
Property Facts
| Price | $2,551,446 CAD | Apartment Style | Garden |
| Price Per Unit | $637,861 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 2.78% | Building Size | 4,272 SF |
| Gross Rent Multiplier | 16 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment |
| Price | $2,551,446 CAD |
| Price Per Unit | $637,861 CAD |
| Sale Type | Investment |
| Cap Rate | 2.78% |
| Gross Rent Multiplier | 16 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,272 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,400 |
| 2+2 | 1 | - | 1,300 |
| 1+1 | 2 | - | 750 |
PROPERTY TAXES
| Parcel Number | 080-0-320-055 | Total Assessment | $2,125,827 CAD |
| Land Assessment | $1,452,935 CAD | Annual Taxes | $0 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $672,891 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
080-0-320-055
Land Assessment
$1,452,935 CAD
Improvements Assessment
$672,891 CAD
Total Assessment
$2,125,827 CAD
Annual Taxes
$0 CAD ($0.00 CAD/SF)
Tax Year
2023
zoning
| Zoning Code | R3-3 |
| R3-3 |
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2621 Harbor | 2621 Harbor Blvd
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