$ 1,799,000
1125 Montauk LN Ventura, CA 93001
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$ 1,799,000
Est. payment | /mo
2,101 SqFt
$ 1,799,000
Est. payment | /mo
2,101 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,101 sqft
Price per Sqft $856
MLS Listing ID 24384267
HOA Y/N No
Year Built 1964
Lot Size 3,611 Sqft
Property Description
***SELLER CARRY OPTION AVAILABLE - PLEASE CONTACT AGENT FOR DETAILS***We are pleased to present 1124 Montauk Lane, a charming two-story beachside duplex located just steps to the sand in Ventura, CA. Built in 1964, the property consists of a two-bedroom/one-bathroom downstairs unit and a three-bedroom/two-bathroom upstairs unit. The upstairs unit features vaulted beamed ceilings with a spacious layout with plenty of natural lighting and two balconies with stunning ocean views. The downstairs unit features direct access to a large backyard area. The 2,101 sf building sits on a 3,611 sf lot.This property is excellent for an owner-user looking for a permanent residence or vacation home while using existing rental income to subsidize the mortgage payment. Alternatively, this property offers a new investor the opportunity to renovate units, building exterior and backyard area in order to maximize rental income as current rents are approximately 52% under market. Located just 5 lots to the beach, 1124 Montauk Lane is situated just off bustling Seaward Avenue which features coffee shops, restaurants and chic retail. The property is also just two blocks from the Marina Village Shopping Center which has additional restaurants, retail and a large Vons supermarket and pharmacy. 1124 Montauk Lane is conveniently located just off the 101 freeway providing easy access to job centers of Downtown Ventura, Oxnard, Camarillo and Santa Barbara.
Location
State CA
County Ventura
Area Vc23 - Ventura Beach S. Of Ventura River To S.C.
Zoning R2B
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Carport
Parking Type Carport
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0810051060
Special Listing Condition Standard
Listed by Matthew Ziegler • Marcus & Millichap
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Connie Coughlin
REALTOR® | Lic# 01415359