1251 Weymouth Lane

Ventura, CA 93001

PRICE REDUCED

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-$100,000 (-6.27%)

$1,495,000

List Price

3

bed Beds

2

shower Baths

1,003 sqft

straighten / sqft

1953

calendar_month Built

Property Description

1950's Ventura Beach Cottage down the lane from the beach, located in quintessential Pierpont Beach. Originally built in 1953, the Cottage is remodeled to a chic beach cottage with all modern amenities. Three bedrooms, two baths, and approximately 1003 square feet. Private front and rear yards with patios plus parking for three cars. Stroll a quarter block from your front door down a quaint neighborhood street to a beautiful uncrowded beach with spectacular views of the Channel Islands. Currently a licensed Short Term Vacation Rental # 2251 with amenities that include a 48in. flat screen TV and Blu-ray DVD, wireless internet, fire pit, BBQ, bikes and boogie boards. Book of business already established through August. Currently being rented at $10K per month. $100K per year gross income per year for seller. Cap rate is 5.1%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer.

Listing Information

List Price $1,495,000
Status Active
MLS V1-22177
Type Residential
Subtype Single Family Residence
Year Built 1953
Lot Size 3,832
Structure Size 1,003
DOM 206
Courtesy Of RE/MAX Gold Coast REALTORS
Listing Agent Fred Evans DRE#00893591

Interior Features

Laundry Information
Location(s) In Garage
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Flooring Information
Material Vinyl, Wood
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Rear Porch, Patio

Maps

Listing information courtesy of: Fred Evans, RE/MAX Gold Coast REALTORS . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 24th, 2024 at 7:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.