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May 22, 2024
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Ventura Apartment Property Sells for $369k/Unit


Hacienda Villas, a 34-unit multifamily property in Ventura, traded hands for $12.55 mil, or $369k/unit. The two-story property is located at 10829 Del Norte St, north of Telegraph Rd and west of Wells Rd.

Built In 1977, the garden-style property entails Spanish architecture with charming accents throughout. Situated in the highly active East Ventura area, the property is within minutes of top-level school districts, shopping centers, and parks, featuring a walking path that outlines the complex. Each pet-friendly unit highlights an original arched doorway between the kitchen and living room along with a private patio.

Community amenities include outdoor pool, spa, grill with picnic area, on-site property manager, on-site maintenance, community wide Wi-Fi, and renters insurance program. Apartment amenities include vinyl flooring, carpeted bedrooms, linen closet, patio, washer/dryer hookup, ceiling fans, storage space, and surface parking space.

Jeff Benson and Sam Neumark with Northmarq represented both parties in the deal.

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