102 N Kalorama Street

Truly a rare opportunity to acquire this downtown Ventura pride of ownership turnkey condition 4plex with expansive ocean views from every unit. 102 N Kalorama ST features (4) 2BD/1BA apartments set on a 9,147 SF corner view lot just 2 blocks from vibrant Main St and 1 mile from the iconic Ventura Pier. Amenities include individual garages, stainless steel appliance package, onsite laundry room (machines owned), lush landscaping with sitting area facing ocean and resident vegetable boxes.In 2018 all interiors were extensively renovated to include modern open floor plan w/ refinished hardwood floors, new kitchens (cabinets, quartz counters, stainless steel appliances, tile floor and backsplash, new baths (tub, floor tile, sink and toilet) along with modern plumbing and electrical finishes throughout. A 30-year life roof was installed in 2010. Plumbing has been repiped with mix of ABS and pex piping. Electrical was recently updated to include new outlets, light fixtures and switches and in 2007 a new 400 amp service panel was installed with (4) 100 amp subpanels. The building has a raised foundation. Market rate rents are in place along with a utility billback system for water and trash. Assumable loan of $1.180M available at 4.5% interest only through July 2028. Garages offer astute investor the potential to convert to an ADU. This is a rare investment opportunity steps away from Ventura's vibrant downtown scene with capital expenditures for the site already completed. With the unbeatable location, turnkey condition, large lot, garages and excellent assumable financing this property will not last.