1251 Weymouth Lane, Ventura, CA 93001

$1,550,000 Asking Price

3 beds
2 baths
1,003  sqft
Built in 1953

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 4.5%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer.


Features & Amenities

Interior

Appliances:
Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Water Heater
Laundry:
In Garage
Flooring:
Vinyl,Wood
A/C:
false, None
Heating:
true, Wall Furnace
Fireplace:
None

Exterior

General:
None
Style:
Bungalow,Cottage
Pool:
None
Parking:
Parking spaces: 1

Construction

Roofing:
Composition,Shingle
General:
1

Location

Road/Access:
Paved
Originating MLS:
CRMLS
County:
Ventura

Lot

Zoning:
R-1-B, 0810101165
View:
None
Fencing:
Wood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
RE/MAX Gold Coast REALTORS, Fred Evans

About Ventura, CA

Housing

Number of Units
46,092
Median Home Value
$605,546
Median Rent
$1,594

44.75% of housing units are renter occupied.

5.76% are vacant.

Commute

Car
65.57%
Public Transportation
1.68%
Walk to Work
1.59%
Work from Home
29.90%
Other
0.47%

The median travel time to work is 20 minutes.

People

Population
115,093
Median Age
39.70
Median Household Size
2.66

Education

High School
17.95%
Associate’s Degree
10.14%
Bachelor’s Degree
23.93%
Graduate Degree
13.77%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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