$5,995,000
$605K PRICE DROP

1256 E Main St Ventura, CA 93001

Downtown Ventura Neighborhood

Estimated payment $39,200/month

Total Views 21,271
24 Beds
24 Baths
11,603 Sq Ft
$517 Price per Sq Ft

Highlights

  • Ocean View
  • Auto Driveway Gate
  • 0.32 Acre Lot
  • Ventura High School Rated A-
  • Gated Community
  • 1-minute walk to Cemetery Memorial Park

About This Home

This is a 12 unit apartment building in Midtown, Ventura. Short walk to the beach and downtown Ventura. There is a gated 13,000 sq. ft. on grade concrete garage with 22 parking spaces, and 10 walk in storage units with a elevator to all floors. There is a large common area courtyard with beautiful views. Each unit has it's own private patio also. All the units are one story, approximately 1,000 sq. ft. The upstairs units have volume ceiling's and nice ocean views. The downstairs unit have easy access to the common courtyard and partial ocean views. Each unit has 2 bedrooms, 2 full bathroom's, central heating, full size washer and dryer, built in oven/range and microwave, and dishwasher.

Listing Agent

Tim Ryan

Ryan Real Estate & Development License #00894788 Listed on: 03/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 0.32 Acre Lot

Parking

  • 22 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Auto Driveway Gate
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Ocean
  • Coastline

Home Design

  • Craftsman Architecture
  • Property Attached
  • Fire Rated Drywall

Interior Spaces

  • 11,603 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Blinds
  • Solar Screens

Kitchen

  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 24 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0730153040
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 13 Separate Electric Meters
  • 12 Separate Gas Meters
  • Gross Income $370,059
  • Net Operating Income $252,100

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Parking

22

Listing Details

  • Assessments: No
  • CapRate: 4.29
  • Price Per Unit: 516
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Fire Sprinkler System, Fire and Smoke Detection System, Automatic Gate, Gated Community, Fire Rated Drywall
  • View: Yes
  • Zoning: Multi Family
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 0730153040
  • Year Built: 2001
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Living Area: 11603.00
  • Interior Amenities: Elevator
  • Stories: 2
  • Entry Location: Elevator,Main Level,Ground Level - No Steps
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 24
  • Full And Three Quarter Bathrooms: 24
  • Total Bedrooms: 24
  • Levels: Two
  • Window Features: Blinds, Solar Screens

Exterior Features

  • View: Coastline, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 22.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Gated, Built-In Storage, Garage Door Opener, Covered, Direct Garage Access, Community Structure, Side by Side, Private, Assigned
  • Total Parking Spaces: 22.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Vented Exhaust Fan, Gas Cooking, Disposal, Microwave, Water Heater
  • Heating Type: Natural Gas, Central, Forced Air
  • Sewer: Public Sewer
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 13939.00
  • Lot Size Acres: 0.3200

Rental Info

  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Average2 Bed Area: 1000
  • Gross Income: 370059.00
  • Gross Multiplier: 16.20
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 13939.0000 Square Feet
  • Net Operating Income: 252100.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 12
  • Number Of Units Total: 12
  • Number With Dishwasher: 12
  • Number With Disposal: 12
  • Number With Patio: 13
  • Number With Range: 12
  • Operating Expense: 114259.00
  • Total Actual Rent: 370059.00

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
07/09/2025 07/09/25 For Sale $5,995,000 -- $517 / Sq Ft
Source: Ventura County Regional Data Share

Source: Ventura County Regional Data Share

MLS Number: 225001372

Ventura County Regional Data Share

APN: 073-0-153-040

California Ventura County Ventura 93001 Downtown Ventura

1256 E Main St, Ventura, CA

This home is located at 1256 E Main St, Ventura, CA 93001 and is currently priced at $5,995,000, approximately $516 per square foot. This property was built in 2001. 1256 E Main St is a home located in Ventura County with nearby schools including Lincoln Elementary School, Cabrillo Middle School, and Ventura High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Tim Ryan
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Ryan Real Estate & Development
(818) 825-0006