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 4.5%. Total expenses $28,133. Net income $71, 867. Owner manages property himself. Web domain. included in sale with acceptable offer.
