John E Burge

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65 College DriveVentura, CA 93003

Multi-Family · 3,004 Sq. ft. | 0.26 Acres
$2,489,000 Active

65 College Drive Overview

Time on Site:
61 days
Visits:
0

Updated Duplex plus 2 ADU units!! Amazing cash-flow investment in prime Midtown Ventura, just 10 minutes to the beach! Updated duplex plus 2 NEW units on a large lot. Front unit 1BD/1BAand rear unit 2BD/1BA, both currently rented. Two new (2022 built) back units each feature 2BD/2BA, private yards, and in-unit washer/dryer with appliances.Strong total rental income. 2-car garage with laundry, and spacious driveway parking for up to 5 cars. New electrical panels, separate electric and watermeters, updated plumbing, new fencing, and drought-tolerant landscaping. Close to shopping, schools, hospitals, mall, dining, and easy 101 access. Turnkey with strong income and future upside. Don't miss this opportunity.(Photos were taken by the seller before tenants move in).

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65 College Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,004
  • Price/Sq.ft. $829
  • Lot 0.26 Acres

Details

General

Income/Expenses

  • Gross Income: 121800.0
  • Gross Scheduled Income: 10150.0
  • Insurance Expense: 3200.0
  • Net Operating Income: 4680.0
  • Operating Expense: 5470.0
  • Trash Expense: 800.0

Building Information

  • Year Built: 1954

Location/Region

  • Country: US
  • County Or Parish: Ventura
  • Postal City: VENTURA
  • Subdivision Name: Ventura: Other

Community/Development

  • Community Features: Curbs,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Inclusions: All units: Refrigerator, stove,microwave. No dishwasher inADUs Unit 65: Washer anddryer in garage Unit 73:Washer and dryer areincluded. Unit 71: Washer anddryer included.
  • Listing Terms: Cash,Cash to New Loan,Conventional
  • Parcel Number: 0790020060
  • Property Condition: Updated/Remodeled,Turnkey
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 3004.0

General Information

  • Appliances: Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Water Heater,Dryer,Washer
  • Common Walls: No Common Walls
  • Electric: Electricity - On Property,Standard
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Foundation Details: Raised
  • Laundry Features: Washer Hookup,Gas Dryer Hookup,Inside,In Garage
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1
  • Window Features: Screens

Exterior

Parking Information

  • Parking Features: Door-Single,Garage,Public,On Street
  • Parking Total: 5.0

Lot Information

  • Lot Features: Front Yard,Lawn,Landscaped,Sprinklers None
  • Lot Size Acres: 0.26
  • Lot Size Area: 11325.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11325.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Construction Materials: Drywall,Stucco,Vinyl Siding
    • Property Attached: No
    • Roof: Composition

    General Information

    • Exterior Features: Lighting,Rain Gutters
    • Fencing: Wood
    • Number Of Units Leased: 4
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer
    • Utilities: Cable Available,Electricity Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

    65 College Drive Neighborhood

    Community

    93003 (Ventura) Demographics

    41
    Median Age
    2,489
    Population Density (per sq. mile)
    50%
    College Educated
    $81,501
    Estimated Median Income
    11,281
    Estimated Total Home Owners
    7,998
    Estimated Total Renters
    59% / 41%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    65 College Drive Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    65 College Drive Market Data

    Based on the last 30 days in this zip code

    $1,075,867
    Average List Price
    $622
    Average Price per Square Foot
    38
    Properties Sold
    81
    Average Days on Market
    216
    Properties for Sale
    Calculations provided by Reliance Network

    65 College Drive History

    Date Event Value Agent
    4/29/2026Source: CRMLS Added to Database
    April 29, 2026
    11/9/2022Source: CRMLS Added to Database
    November 09, 2022
    11/9/2022Source: CRMLS Added to Database
    November 09, 2022
    Listing provided courtesy of Real Brokerage TechnologiesJesse Gomez- MLS# V1-36081MLS ProviderContact Information: [email protected] - (805) 233-1571
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