1950's Ventura Beach Cottage down the lane from the beach, located in quintessential Pierpont Beach. Originally built in 1953, the Cottage is remodeled to a chic beach cottage with all modern amenities. Three bedrooms, two baths, and approximately 1003 square feet. Private front and rear yards with patios plus… Read More parking for three cars. Stroll a quarter block from your front door down a quaint neighborhood street to a beautiful uncrowded beach with spectacular views of the Channel Islands. Currently a licensed Short Term Vacation Rental # 2251 with amenities that include a 48in. flat screen TV and Blu-ray DVD, wireless internet, fire pit, BBQ, bikes and boogie boards. Book of business already established through August. Currently being rented at $10K per month. $100K per year gross income per year for seller. Cap rate is 5.1%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer. Read Less
Property listed by RE/MAX Gold Coast REALTORS, Fred Evans (805) 267-6701
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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