9413 Petit Cir
Ventura, CA 93004

Bd   — Ba   2,107 Sqft    43 Days
Part of a 10 Unit, 4 property portfolio. Available individually or in combination. The other properties in the portfolio are located at 808 Petit Ave (triplex), 820 Petit Ave (triplex), and 9422 Petit circle (duplex). Seller to carry first loan at 4.0%, interest only, for 5 years with a 28% down payment. The properties are fully occupied with long term residents at rents substantially below market. There is approximately 49.4% upside in the rents. The two bedroom, two bath units (approximately 1,000-1,050 sq.ft) rent from $1,000 ($1,950 conservative market rent). The three bedroom, two bath units (approximately 1,200 sq.ft.) rent from $1,450, ($2,250 conservative market rent). The portfolio shows and estimated POSITIVE CASH FLOW of $63,840 at market rents – 7.1% CASH ON CASH RETURN AT MARKET. All units have a two car garage plus additional parking, pitched roofs and concrete drives. The duplexes each have a private, enclosed yard and are located on a cul-de-sac. Individually metered for gas and electric. Master metered water. Units have washer & dryer hook ups. Please do not disturb the residents. Interior preview upon accepted offer. THIS IS A PERFECT OPPORTUNITY FOR AN INVESTOR OR OWNER OCCUPIED. Please refer to the attached executive summaries for additional financial details, property information and photographs.
  • $0 HOA
  • $332/Sqft
  • MLS#SR17182567 provided by Braemon Hanes of Hanes Investment Rlty
  • Movoto last checked CRMLS for new data 11 hours ago
  • CRMLS last updated this listing 1 week ago

Home Features for 9413 Petit Circle , Ventura

Year Built: 1970
Property SubType: Duplex
Lot Size Acres: 0.21
Lot Size Square Feet: 9363
Lot Size Units: Square Feet
Lot Size Area: 9363
Price Per Square Foot: 331.51
Tax Lot: 5
Tax Tract Number: 203100
New Taxes Expense: 7404
Parcel Number: 870151190
Tax Census Tract: 14.01
Special Listing Conditions: Standard
Standard Status: Active
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Property History for 9413 Petit Circle, Ventura

Status
Date
Price
Listed
Aug 7, 2017
$698,500
#SR17182567

Public Record for 9413 Petit Circle, Ventura

2,107 Sqft Building Area
Duplex (2 units, any combination)
9,363 Sqft Lot Size
1970 Year Built
$250,000 Last Sale Price
03/18/1998 Last Sale Date

Compare Similar Homes for 9413 Petit Circle, Ventura

Estimated market value is $1,028,216 which is 47% above the list price. This estimate is based on the following nearby homes which average $488/Sqft.
Movoto's Price/Sqft estimate is not a professional appraisal, it is a starting point to help you price this home. Contact a Movoto Real Estate agent today to get a comprehensive evaluation
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A 33.32 mi
2525 State St #31
  • $539,500
  • For Sale

    9 days

  • 1 Bd
  • 1 Ba
  • 1,072 Sqft
  • $503 /Sqft
  • Built 1968
B 33.58 mi
5063 Medina Rd
  • $649,500
  • Price Reduced

    53 days

  • 1 Bd
  • 1 Ba
  • 1,372 Sqft
  • $473 /Sqft
  • 0.49 Acres Lot
  • Built 1947
YOU
ARE
HERE
9413 Petit Cir
  • $698,500
  • For Sale

    43 days

  • — Bd
  • — Ba
  • 2,107 Sqft
  • $332 /Sqft
  • 9,363 Sqft Lot
  • Built 1970

Real Estate Market Statistics for 9413 Petit Circle, Ventura

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9413 Petit Circle

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Ventura County
Ventura
93004
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$698K

9413 Petit Circle

$585K

93004

-6% y/y

93004

$669K

Ventura

1% y/y

Ventura

-

Ventura County

- y/y

Ventura County

See all trends for Ventura
9413 Petit Cir in ZIP code 93004 is a multi family home currently listed for $698,500. This is 19% above the median of $585,000 for 93004 and 4% above the median price of $669,000 for the city of Ventura, CA. As of today, , there are 51 properties listed for sale in the 93004 area and 224 properties listed for sale in Ventura. Of those 224 properties for sale, 184 are single family homes and 40 are condos. 9413 Petit Cir is approximately 2,107 Sqft, 16% above the Ventura median of 1,812 and 18% above the 93004 ZIP code median of 1,790. The price per square foot is $332, which is 5% above the median price in 93004 of $315 and 9% below the Ventura median of $364 per Sqft.
Built in 1970, this multi family house at 9413 Petit Cir is approximately 2,107 square feet and comes with 8 parking spots. It is listed on 08/07/2017 with a cost per Sqft of $332. 9413 Petit Cir is located in the Ventura Unified School District. The closest school is Citrus Glen Elementary School.

9413 Petit Cir has been on the market for 43 days. The median days on the market for properties in this area is 37 with a median list price of $669,000 and median cost per square foot of $364. It's currently listed as active under the MLS #SR17182567.

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