Six-Unit Rental
1053-1065 E Santa Clara St Ventura, CA 93001
1053-1065 E Santa Clara St, Ventura, CA, 93001
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For Sale
Contact for pricing
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$509.09
Days on Market84
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
Listing agency
Taksa Investment Group
(213) 817-1000
Listed by
Jonathan Taksa · License ## 01366169
Source
Crexi
Added: Apr 29 Updated: Jul 20 at 4:37PM Checked: Jul 21 at 6:37AM
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
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
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $229.8k | $36.00 |
| − Vacancy | −$9.2k | −$1.44 |
| EGI | $220.6k | $34.56 |
| − OpEx | −$99.3k | −$15.55 |
| NOI | $121.3k | $19.01 |
6,384 SF · lease $36.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.73M
$1.52M – $2.02M
NOI $121,347 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.85M
$3.37M – $4.50M
NOI $269,788 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
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 $3,250,000.
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
