At the moment there are very few residential income properties for sale in Ventura. Inventory as of this writing is at or near an all time low. Several reasons exist for this recent trend. First, very few multi family units have been built in the last forty years. Hence, multi family properties have not kept up with the demand. Second, rents have risen rapidly over the last few years. Third, many Ventura County residents have been priced out of the home buying market. Thus, forcing potential home buyers to become career renters. Lastly, investors are looking for steady income returns as fixed income products have been at historically low levels for many years.
If you are interested in buying or selling Mult-Family Income properties in Southern California and Ventura County, contact Dave Crowell, American Dream Realty, 805-300-3345, BRE 01845970 or visit my website at davecrowellrealtor.com for more information.