Listing Agency: Marcus & Millichap - Encino

Listed By: Vic Arutyunyan · License #02072207

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:11PM

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Investment Insights

Based on property information with market context.

This apartment building is located at 401 W Ramona St in Ventura, California. The property is reported as 100% occupied, with rents described as being at market levels and no rent control in place.

The listing also identifies minimal expenses as a property characteristic. These details provide a concise operating snapshot for review by multifamily buyers.

Key Highlights

• 100% occupied apartment building
• No rent control
• Rents reported at market levels

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

6,114

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

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - The property is currently fully occupied and operates without rent control.

Where is this apartment building located?

The property is located at 401 W Ramona St Ventura, CA.

What are key features of this property?

This property features: 100% occupied apartment building; No rent control; Rents reported at market levels