Price Reduction! - 5.50% Going In Cap Rate. Highest Actual Cap Rate for Multifamily property in entire County as of list date. 12.49 GRM. 2022 Completely Renovated Units, Roof, Windows, Paint, Plumbing and more. 1 minute to downtown Ventura; 1 mile to the ocean. Value Add potential with (3) Garage to ADU conversions, buyer to verify. 7.50% Pro Forma Cap Rate. (12) current total units: Unit Mix: (9) 2+1's; (2) 1+1's; (1) Studio. All units are occupied; tenant belongings have been digitally removed from interior photos. *Drive by only, do not disturb tenants.* Marketing Package is in the documents.