$875,000

1056 Richards Ave Ventura, CA 93004

Estimated payment $5,514/month

3 Beds
2 Baths
1,356 Sq Ft
$645 Price per Sq Ft

Highlights

  • Spanish Architecture
  • Park
  • 2 Car Garage
  • Lawn
  • Laundry Room
  • Rectangular Lot

About This Home

Unique opportunity to purchase two houses on one lot. Front house was recently remodeled and is a 2 Bedroom 1 Bath house with a shared garage. Back unit is a 1 Bedroom 1 Bath house. Both units are rented. Each house uses half of the two car garage.

Listing Agent

Steven Snyder

Oaktree Property Investments License #00712711 Listed on: 05/06/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,969 Sq Ft Lot
  • Property fronts a county road
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • No Sprinklers
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • On-Street Parking

Home Design

  • Duplex
  • Spanish Architecture
  • Bungalow
  • Cosmetic Repairs Needed
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 0890091155
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • Ventura: Other Subdivision
  • Huntsinger Park

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • Fuel Expense $918
  • Insurance Expense $1,500
  • Water Sewer Expense $457
  • New Taxes Expense $9,625
  • Operating Expense $12,598
  • Gross Income $52,440
  • Net Operating Income $40,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

6,969 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Park Name: Huntsinger Park
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Ventura: Other
  • View: No
  • Water Sewer Expenses: 457.00
  • Architectural Style: Spanish, Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0890091155
  • Year Built: 1939
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 645.28

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Wood Siding, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Other, Electricity Connected, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Vented Exhaust Fan, Gas Range, Gas Oven
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None, Level with Street, Rectangular Lot, 0-1 Unit/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600

Multi Family

  • Fuel Expense: 918.00
  • Gross Income: 52440.00
  • Gross Scheduled Income: 52440.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6969.0000 Square Feet
  • Net Operating Income: 40400.00
  • Number Of Separate Electric Meters: 2
  • Operating Expense: 12040.00
  • Rent Control: No
  • Total Expenses: 12598.00

Tax Info

  • New Taxes Expense: 9625.00

Map

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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 List to Sale Price per Sq Ft
05/06/2026 05/06/26 For Sale $875,000 -- $645 / Sq Ft
Source: Ventura County Regional Data Share

Source: Ventura County Regional Data Share

MLS Number: V1-36231

Ventura County Regional Data Share
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