Six-Unit Rental
For Sale
Contact for pricing
1053-1065 E Santa Clara St, Ventura, CA 93001
Six rental units include four single-family homes and a newer duplex built circa 2010.
Property Size6,384 SF
Lot Size0.48 Acres
Price / SF$462.09
Days on Market177
Property Features for 1053-1065 E Santa Clara St
General Information
Standard status
Active
Size
6,384 SF
Lot size
0.48 Acres
Property subtype
Multifamily
Zoning
T4.1
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$109,950
Additional Details
Business Included
Yes
Multifamily Units
6
Building Details
Year Built
1906
Buildings
5
Units
6
Tenancy
Multi
Listing Agency:
Taksa Investment Group
Listed By:
Jonathan Taksa · License ## 01366169
(310) 968-5303
Source:
Crexi
Added: Apr 29
Changed: Oct 6
Last Checked: Oct 20 at 6:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taksa Investment Group
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Investment Insights
Based on property information with market context.
The offering includes two side-by-side investment properties with a total of six rental units. The improvements consist of four single-family homes and a newer duplex, reportedly built circa 2010. The unit mix includes various floor plans, and the properties are described as generating $15,400 in monthly rental income.
The properties are located along E Santa Clara Street in Ventura, California. The remarks note convenient access to Downtown Ventura, the Ventura Pier, and the beach, as well as nearby dining, coffee shops, neighborhood retail, parks, schools, and major transportation corridors including Highway 101.
The combined land area is reported at 20,908 square feet, with expansive outdoor space. The seller’s remarks also cite favorable zoning and future redevelopment potential, and describe the site footprint as providing flexibility for an investor’s long-term repositioning strategy.
The properties are located along E Santa Clara Street in Ventura, California. The remarks note convenient access to Downtown Ventura, the Ventura Pier, and the beach, as well as nearby dining, coffee shops, neighborhood retail, parks, schools, and major transportation corridors including Highway 101.
The combined land area is reported at 20,908 square feet, with expansive outdoor space. The seller’s remarks also cite favorable zoning and future redevelopment potential, and describe the site footprint as providing flexibility for an investor’s long-term repositioning strategy.
Key Highlights
- Six rental units total: four single‑family homes plus a duplex built circa 2010
- Two side‑by‑side investment properties at 1053–1065 E Santa Clara Street in Ventura, CA
- Total monthly rental income listed as $15,400
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,912
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,018,240
$2.0M
Cap Rate 7%
$1,441,600
$1.4M
Cap Rate 9%
$1,121,244
$1.1M
Market Conditions
NOI Build-Up for 6,384 SF
Gross rent
$191.5K $30.00/SF
− Vacancy
−$8.0K −$1.26/SF
EGI
$183.5K $28.74/SF
− OpEx
−$82.6K −$12.93/SF
NOI
$100.9K $15.81/SF
Area
Ventura County, CA
Vacancy
4.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,018,240
Cap Rate 7%
$1,441,600
Cap Rate 9%
$1,121,244
Alternative Uses
Best Use
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,912 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,412 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 93001, CA
33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Six rental units include four single-family homes and a newer duplex built circa 2010.
Where is this apartment building located?
The property is located at 1053-1065 E Santa Clara St Ventura, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Six rental units total: four single‑family homes plus a duplex built circa 2010; Two side‑by‑side investment properties at 1053–1065 E Santa Clara Street in Ventura, CA; Total monthly rental income listed as $15,400
