Craig Lieberman and the Apartment Investment Specialists are proud to introduce their new listing located at 6418 Hummingbird Street, in the city of Ventura. This property is ideally located just of the Victoria Avenue commercial corridor, near to the Ralphs Shopping Center offering a plethora of grocery and restaurant services, as well as Walmart and Trader Joe’s, and benefits by its proximity to the I-101 freeway corridor and its easy north and south entry. This property boasts a strong unit mix comprised of six two-bedroom, one-bathroom units and one two-bedroom, one-and-a-half bathroom unit. While the gross income of the property hovers around $150,000 annually, the unit rents vary, but the average is approximately $1,760 per month, leaving significant upside as legal rent increases are permitted. The financial metrics offered based on the asking pricing is a 13.9 GRM and a 4.6% cap rate. Along with the property benefitting with copper plumbing throughout, the seller has consistently maintained and renovated this property throughout his over 10-year ownership period, Those updates include new floors, kitchen countertops, and new bathroom fixtures as needed throughout.