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Nacha Subramanian
Direct Office:
510-579-4385
nacha@nacharealestate.com
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Nacha Subramanian
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Direct Office:
510-579-4385
nacha@
nacharealestate.com
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Buyer Info
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FOR SALE
$1,850,000

1125 Montauk Lane
Ventura, CA 93001

Multi-Family
Residential
5
Beds
2,101
Sq. Ft.
0.08
Acre Lot
Courtesy: Matthew Ziegler - Marcus & Millichap; Email: Matt.Ziegler@marcusmillichap.com
Home> California> Ventura> 93001
We are pleased to present 1124 Montauk Lane, a charming two-story beachside duplex located just steps to the sand in Ventura, CA. Built in 1964, the property consists of a two-bedroom/one-bathroom downstairs unit and a three-bedroom/two-bathroom upstairs unit. The upstairs unit features vaulted beamed ceilings with a spacious layout with plenty of natural lighting and two balconies with stunning ocean views. The downstairs unit features direct access to a large backyard area. The 2,101 sf building sits on a 3,611 sf lot.This property is excellent for an owner-user looking for a permanent residence or vacation home while using existing rental income to subsidize the mortgage payment. Alternatively, this property offers a new investor the opportunity to renovate units, building exterior and backyard area in order to maximize rental income as current rents are approximately 52% under market. Located just 5 lots to the beach, 1124 Montauk Lane is situated just off bustling Seaward Avenue which features coffee shops, restaurants and chic retail. The property is also just two blocks from the Marina Village Shopping Center which has additional restaurants, retail and a large Vons supermarket and pharmacy. 1124 Montauk Lane is conveniently located just off the 101 freeway providing easy
CL24384267
Multi-Family, Other
5
Ventura
1964
0.08 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Matthew Ziegler - Marcus & Millichap; Email: Matt.Ziegler@marcusmillichap.com

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