Jeff Terwilliger

Value-add 7 Unit multifamily property! All 2-bedroom, 1 bath units. Each unit is approximately 780 sq. ft. and comes with individual washer/dryer hookups and a detached, fully enclosed, one car garage. Tenant pays for all utilities including water. 3 units have undergone extensive renovations, with rents reflecting improvements. Property stays fully occupied year-round to provide a sound investment with significant upside potential should buyer continue with renovation program. This over-sized property lot boasts near 26,000 sq. ft., much larger than nearby property lots, offering excellent future development potential. • Just a short 1.4 mile bike ride or nice brisk walk away from San Buenaventura State Beach. • An even shorter 0.9 miles away from public beach access (shown on page 5) or take it a step further from there and take a 0.4 mile stroll along the bike/jogging trail that will lead you to the Ventura pier where you can grab a cocktail and some fish tacos from the highly rated Beach House Fish restaurant or enjoy catching your own dinner off the public fishing pier. • Property is centrally located between all of the restaurants, beach shops, schools/colleges, hospitals, and large retailers. With more to come during the ongoing Downtown Ventura Development project. • In downtown Ventura, you get a wide range of lifestyles, from beach life to sophisticated artistic culture, nestled beneath hillsides and just off the sandy shores of the Pacific Ocean, Downtown Ventura has something for everyone