Ventura-Santa Barbara Multifamily

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MULTIFAMILY | SALES COMP REPORT

COUNTY VENTURA & SANTA BARBARA

KEY HIGHLIGHTS | VENTURA COUNTY

} Strong Performance in High-End Properties

} Institutional Investment Appeal Active

} Value-Add Opportunities Remain Robust

} 4% rent cap in the city of Oxnard, effective July 1, 2022

} 4% rent cap in the city of Ojai, effective April 27, 2023

} The county falls under AB-1482 guidelines

BY THE NUMBERS

Source: CoStar Group

KEY HIGHLIGHTS | SANTA BARBARA COUNTY

} Properties frequently trade above $500,000 per unit at sub-4.5% cap rates

} High barriers to entry but long-term value appreciation

} The county falls under AB-1482 guidelines

BY THE NUMBERS

Source:

FEATURED VENTURA COUNTY SALES COMPS

FEATURED VENTURA COUNTY SALES COMPS

Past 12-Months | Source: CoStar Group

540-600 W Channel Islands Blvd

of a 5 Property Portfolio)

200-220 E Yucca St

of a 5 Property Portfolio)

1250 N H St

N H St

FEATURED SANTA BARBARA COUNTY SALES COMPS

12-Months | Source: CoStar Group

FEATURED SANTA BARBARA COUNTY SALES COMPS

Past 12-Months | Source: CoStar Group

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