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Ventura, CA 93001 2919 Bayshore Avenue

$2,250,000

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Presented By: Diva Rescia with Marcus & Millichap;
  • MLS# PW24074681
  • 04/15/2024
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  • FootageSQFT • 2,832

Home Details

***Please refer to Offering memorandum in supplemental documents for more details***This investment opportunity entails ownership of a duplex located near the coast, with one unit dedicated to short-term rentals. Situated in a prime coastal area, the property benefits from high demand from tourists and vacationers seeking accommodation. The existing short-term rental unit presents an immediate income stream, promising consistent returns. By leveraging the robust demand for coastal rentals, investors can anticipate not only short-term income but also long-term appreciation potential.
Presented By: Diva Rescia with Marcus & Millichap;

Interior Features for 2919 Bayshore Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesElectricDryerHookup, GasDryerHookup
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 2919 Bayshore Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityVentura
Community FeaturesMarina
CountyVentura
Current FinancingConventional, FHA, FannieMae, Other, Private
Days on Market
DirectionsN - T R A C T : 1 6 0 1 0 2 : L O T : 2 5 9 M A P N R : 0 4 0 M R 0 2
ExclusionsAll furniture and personal belongings
Expected Active Date 2024-04-19
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1825.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsItem1031Exchange
Lot Size Square Feet5000.0
MLS AreaVTU - Ventura
MobileHomeRemainsYNNo
Net Operating Income4920.0
New ConstructionNo
Occupancy DescriptionOwner
Open Parking Spaces3.0
Operating Expense20281.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBayshore
Tax Annual Amount8448.0
Total Units2
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Waterfront FeaturesAcrosstheRoadWaterFrontage, BeachAccess, OceanSideOfHighway
Waterfront Y/NNo
Year Built1965
ZoningR3-5D

Exterior for 2919 Bayshore Avenue

Building Area Total2832.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions5000
Lot FeaturesBackYard, Garden, Landscaped
Lot Size Acres0.1148
Lot Size Area5000.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Total Parking3.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,250,000
MLS#PW24074681
List Date 04/15/2024
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors