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Property view

3574 Preble Avenue, 
Ventura, CA 93003

$9,800,000

—

Bed

—

Bath

25,004

Sq Ft

Multi-Family

Sold

Listed by

Nick Henry

Beachside Partners

MLS#

23-2132

Source:

SBAOR

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About This Home

3574 Preble Avenue

Value-add 38 unit apartment building opportunity for only $267k/unit in the low turnover sale marketplace of city of Ventura. 14.1 GRM, 4.4% CAP on actual and 11.0 GRM, 6.3% CAP on market rents. Tradewinds Apartments is set on a .89 acre lot w/ garage parking, pool and laundry room. Convenient location near Pacific View Mall & Lowes, Community Memorial Hospital, Ventura College, Ventura Harbor and local beaches plus easy access to both the 101 and 126 freeways. Unit mix consists of (1) 3BD/1BA, (4) 2BD/1BA, (18)1BD/1BA and (15) studios. Utilities sep metered for electric and gas and (2) 100 gallon water heaters service building. Major upside in rental rates. Available reports include: General inspection, termite, roof and sewer lateral. OFFER DUE DATE AUG 4th @ 12PM

Home Facts

Multi-Family

Built in 1962

Price Summary

10,100,000

$403 per Sq. Ft.

MLS #:

23-2132

Sold:

December 22, 2023

Rooms & Interior

Interior

Living Area:

25,004 Sq. Ft.

Structure

Structure

Year Built:

1962

Lot

Lot Size (Sq. Ft):

24,829

Finances & Disclosures

Finances

Price:

$10,100,000

Price per Sq. Ft:

$403 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of July 21, 2025 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.