$4,400,000

Estimated payment $29,099/month

Total Views 1,580
20 Beds
12 Baths
7,905 Sq Ft
$557 Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Corner Lot
  • 9 Car Garage
  • Ventura High School Rated A-
  • Bathtub with Shower
  • Laundry Facilities

About This Home

100 E Center St presents a compelling value-add opportunity with the potential to build approximately three ADUs by right, enhancing both income and long-term value. The property consists of 12 renovated apartment units featuring a strong unit mix of nine 2-bed/1-bath units, two 1-bed/1-bath units, and one studio. The building has undergone significant capital improvements, including a fully re-piped water system, a newer roof, and recently installed vinyl retrofit windows. Offering large units and a total building size of approximately 7,905 square feet, the courtyard-style layout includes approximately 16 parking spaces and onsite laundry facilities. Situated just one mile from Downtown Ventura and 2.5 miles from the beach, the property is located in the historic Ventura Avenue district, surrounded by ongoing development projects. With Ventura facing a critical shortage of workforce housing and most new developments catering to the luxury market at premium rents, this property stands out as a rare opportunity in a high-demand rental market.

Last Listed By

Zac Freehling

Keller Williams Beverly Hills License #01879326 Listed on: 05/28/2025

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Corner Lot

Parking

  • 9 Car Garage
  • Uncovered Parking
  • Assigned Parking

Interior Spaces

  • 7,905 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Range

Bedrooms and Bathrooms

  • 20 Bedrooms
  • Remodeled Bathroom
  • 12 Bathrooms
  • Bathtub with Shower

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 12 Units
  • Laundry Facilities
  • Vacancy Allowance $10,907

Listing and Financial Details

  • Assessor Parcel Number 071-0-111-060

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

9

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 7905
  • Lot Acreage: 0.3300
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Range
  • Bedrooms: 20
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub, Remodeled
  • Laundry: Community
  • Total Bathrooms: 12.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 556.61
  • Windows: Window Blinds

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 9
  • Parking Garage: Garage, Assigned, Uncovered
  • Total Parking: 16

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 071-0-111-060
  • Lot Description: Fenced
  • Lot Location: Corner Lot
  • Lot Size Area: 14374

Rental Info

  • Owner Pays: Water, Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.10
  • Number Of Units: 12
  • Total Annual Expense: 113656
  • Type Of Units: Multifamily
  • Vacancy Allow: 10907
  • Vacancy Rate: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $4,400,000 -- $557 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25544805

The MLS

APN: 071-0-111-060