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1251 Weymouth Ln, Ventura, CA 93001

Sale Price: $1,400,000
Feb 29, 20241,003 sqft3 beds2 baths
Listed by: Fred Evans
License #: 00893591
Phone #: (805) 267-6701
RE/MAX Gold Coast REALTORS
Source:
CRMLS Logo
MLS #: V1-22177

Property Description

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 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,532

TurboHome Estimated Value

$1,408,900

$1,405 sqft

High Valuation
$1,479,345
$1475/sqft
Normal Valuation
$1,408,900
$1405/sqft
Low Valuation
$1,338,455
$1334/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1405/sqft$1,408,900

Neighborhood

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Comparative Value

$1.04M

$1.36M

$1.40M

$1.45M

$1.65M

2527 Pierpont Blvd, Ventura, CA 93001

Sale Price: $1,039,000

Selected Comparable

2805 Sailor Ave, Ventura, CA 93001

Sale Price: $1,360,000

Selected Comparable

1251 Weymouth Ln, Ventura, CA 93001

Sale Price: $1,400,000

Selected Comparable

1144 Cornwall Ln, Ventura, CA 93001

Sale Price: $1,415,000

Selected Comparable

1251 Weymouth Ln, Ventura, CA 93001

List Price: $1,449,000

Subject Property

1408 Nathan Ln, Ventura, CA 93001

Sale Price: $1,649,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1251 Weymouth Ln, Ventura, CA 93001

1251 Weymouth Ln, Ventura, CA 93001

List: $1,449,000

Listed: 2/29/2024

Area:1,003 sqft
Price/sqft:$1,445
Beds:3
Baths:2
Year Built:
Lot Size:3,832

Comparable Properties

COMPARABLE
Choose comps
1408 Nathan Ln, Ventura, CA 93001

1408 Nathan Ln, Ventura, CA 93001

Sale: $1,649,000

6/13/20250.17 mi

Area:1,024 sqft
Price/sqft:$1,610
Beds:3
Baths:2
Year Built:
Weight:22.4%
1251 Weymouth Ln, Ventura, CA 93001

1251 Weymouth Ln, Ventura, CA 93001

Sale: $1,400,000

2/14/20250.00 mi

Area:1,003 sqft
Price/sqft:$1,396
Beds:3
Baths:2
Year Built:
Weight:22.2%
2527 Pierpont Blvd, Ventura, CA 93001

2527 Pierpont Blvd, Ventura, CA 93001

Sale: $1,039,000

12/19/20240.22 mi

Area:876 sqft
Price/sqft:$1,186
Beds:3
Baths:2
Year Built:
Weight:19.4%
1144 Cornwall Ln, Ventura, CA 93001

1144 Cornwall Ln, Ventura, CA 93001

Sale: $1,415,000

7/25/20250.26 mi

Area:1,080 sqft
Price/sqft:$1,310
Beds:2
Baths:2
Year Built:
Weight:18.4%
2805 Sailor Ave, Ventura, CA 93001

2805 Sailor Ave, Ventura, CA 93001

Sale: $1,360,000

5/20/20250.21 mi

Area:1,371 sqft
Price/sqft:$992
Beds:3
Baths:2
Year Built:
Weight:17.6%

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