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    Rexford St Ventura, CA 93003

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    For Sale
    $3,550,000

    Ten-unit apartment complex near Pacific View Mall and local beaches.

    Property size:
    9,330 SF

    Property Features for Rexford St

    General Information

    Standard status
    Active
    Size
    9,330 SF

    Building Details

    Year built
    1965

    Source: BHHS CALIFORNIA PROPERTIES Agent KAREN CAMPBELL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ten-Unit Apartment Complex For Sale

    This ten-unit apartment complex is located near the Pacific View Mall, Lowe's, Community Memorial Hospital, Ventura County Medical Center, Ventura College, and local beaches, with convenient access to the 101 and 126 Freeways. The property is 100% rented and subject to CA AB-1482. Situated on the corner of Rexford and Sidonia, the unit mix includes eight units with two bedrooms and one and a half baths, one unit with two bedrooms and one bath, and one unit with one bedroom and one and a half baths. All units are in good condition, with an average square footage of 828 sq ft, and feature long-term tenants. There are nine open-ended carports available. Utilities are separately metered for electric and gas. The property includes an owner-owned coin laundry. The property size is 9,330 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Ventura
    County
    Santa Clara
    State
    California
    Longitude
    -119.223
    Latitude
    34.2816

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    FAQs

    What type of property is this?
    Apartment building - Ten-unit apartment complex near Pacific View Mall and local beaches.
    Where is this apartment building located?
    The property is located at Rexford St Ventura, CA.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: - Prime location: close to Pacific View Mall, hospitals, Ventura College, beaches, and freeways (101 & 126).; - 100% rented with long-term tenants, providing immediate income.; - Attractive Mix of Units: Primarily 2-bedroom units (8 units with 2 beds and 1.5 baths, 1 unit with 2 beds and 1 bath) plus 1 unit with 1 bed and 1.5 baths.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Rexford St Ventura, CA 93003
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