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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$975,000

Est. payment - /mo

4 Beds

3 Baths

4,878 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-25648

Bedrooms 4

Lot Size 4,878 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Okay, this is great deal now. You get a 2 BD,2 BA,1584 sq. ft. house with a converted single care garage making it a 3 BD main house. Freshly painted outside, well maintained home. In addition, you get a 1 BD 1 BA separate home that the owners would like to live in as a life estate. Together these two single family houses would sell for $1,200,000. The rent for the 1 BD 1 BA house would be $2,000. So you are getting $225,000 discount for the life estate, (the owners living in 6791 Ojai Ave), or over 9 years of prepaid rent! If you look at the other listings in La Conchita, over a million two or over this is a real bargain. I know a life estate is a hard thing to understand or grasp but if you can this will be a true winner for both the buyer and seller. And isn't that what everyone wants, happy buyers and sellers.La Conchita is a unique community with its annual Town wide yard sale, chili cook off, beach cleanup, spark of love toy drive, holiday boutique and weekly volley ball games. A town where you actually know your neighbors and they are always available to lend a hand. Celebrating 103 years of La Conchita.Ocean Views! What a brilliant find in La Conchita! The long-time owners have lovingly maintained one of the most unique properties in La Conchita for over 25 years. Two separate homes, on two separate lots, two tax parcels, two septic systems and separate utilities. Offered are two separate homes that were merged in 1984 (that can't be unmerged). 6779 is a 3-bedroom two bath 1721 sq. ft. according to floor plan (tax has 1584 sq. ft.) . Downstairs is a studio lockout w

Location

State CA

County Ventura

Community Horse Trails

Zoning Assessor

Direction 101North turn right on Santa Barbara, right on Surfside Left on Ojai Ave.101 South Exit Sea Cliff turn left on PCH, turn left on

Interior

Fireplace No

Exterior

Utilities Available Perc Test Required, Septic Installed

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 0600076050

Acceptable Financing Conventional, Land Contract

Listing Terms Conventional, Land Contract

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Listed by Steven Kuhn, DRE#01237314 COMPASS

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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6779 Ojai Avenue Ventura, CA 93001