NOT LISTED FOR SALE

1545 E Thompson Blvd Ventura, CA 93001

Midtown Neighborhood

Estimated Value: $974,000 - $1,187,107

5 Beds
2 Baths
1,961 Sq Ft
$548/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $980,000 $500 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,694/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Tankless Water Heater
  • Cabrillo Middle School Rated A-
  • Laundry Room
  • 2 Car Garage

About This Home

As of July 2024

Incredible investment opportunity in the heart of Ventura just half a mile from the beach! This centrally located duplex has a charming front house and completely updated back unit. The front unit is three bedrooms, one bathroom, with a separate living room & dining room, nice sized kitchen with laundry, newer wall heater, oak floors, and a spacious side yard. Front unit is tenant occupied and offers will be subject to inspection. The back unit is two bedrooms, one bathroom with a comfortable living room, completely remodeled kitchen, laundry room, and large backyard area. Features include refinished original hardwood floors, completely remodeled bathroom, new interior paint, remodeled kitchen (complete with custom cabinetry, solid surface counters, LG gas range, built-in microwave, dishwasher and refrigerator), large laundry room (with washer & dryer), tankless water heater, upgraded electrical panel, water filtration system, new windows, PEX plumbing, new interior doors, and more! The spacious backyard is a blank slate with so much potential - perfect for relaxing and enjoying the ocean breeze. Each unit has a one car garage, and the only shared wall is between the garages. Close proximity to local gems, restaurants, shops and entertainment. Great rental income opportunity. Don't miss out!!

Last Agent to Sell the Property

Liz Donnelly

RE/MAX Gold Coast REALTORS Brokerage Email: donnellyremax@gmail.com License #01458117 Listed on: 06/11/2024

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Tony Clark

Beverly and Company Inc. License #02198186

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,806 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex

Interior Spaces

  • 1,961 Sq Ft Home
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • Tax Tract Number 26
  • Assessor Parcel Number 0730184060

Community Details

Overview

  • 2 Units
  • Ventura: Other 0026 Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,447
  • Water Sewer Expense $200
  • Operating Expense $2,000
  • Gross Income $25,116
  • Net Operating Income $25,116

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Ventura: Other - 0026
  • View: No
  • Water Sewer Expenses: 200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0730184060
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 509.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Tankless Water Heater, Microwave, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6806.00
  • Lot Size Acres: 0.1562

Rental Info

  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Gross Income: 25116.00
  • Gross Scheduled Income: 25116.00
  • Insurance Expense: 1447.00
  • Lot Size Area: 6806.0000 Square Feet
  • Net Operating Income: 25116.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2093.00
  • Total Expenses: 2000.00

Tax Info

  • Tax Tract Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 17, 2024
Sold by
Loftus Family Trust and Chase Evelyn
Bought by
Toyoshima Jason and Toyoshima Erin
Seller's Agent
Liz Donnelly
RE/MAX Gold Coast REALTORS
Buyer's Agent
Tony Clark
Beverly and Company Inc.
List Price
$999,900
Sold Price
$980,000
Premium/Discount to List
-$19,900
-1.99%
Views
8
Current Estimated Value
$1,074,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,777
Avg. Annual Appreciation
6.62%
Original Mortgage
$735,000
Outstanding Balance
$725,363
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$349,414
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Toyoshima Jason $980,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toyoshima Jason $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $980,000 -2.0% $500 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $999,900 -- $510 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $957 $980,000 $685,000 $295,000
2024 $957 $77,287 $28,810 $48,477
2023 $947 $75,772 $28,245 $47,527
2022 $889 $74,287 $27,691 $46,596
2021 $874 $72,831 $27,148 $45,683
2020 $866 $72,086 $26,871 $45,215
2019 $852 $70,674 $26,345 $44,329
2018 $839 $69,289 $25,829 $43,460
2017 $824 $67,931 $25,323 $42,608
2016 $810 $66,600 $24,827 $41,773
2015 $802 $65,602 $24,455 $41,147
2014 $791 $64,319 $23,977 $40,342
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Liz Donnelly

    RE/MAX

    (805) 794-6005

    35 in this area

    307 Total Sales

    Liz Donnelly
    Section Image

  • T

    Buyer's Agent in 2024

    Tony Clark

    Beverly and Company Inc.

    (615) 977-5495

    3 in this area

    16 Total Sales

    Tony Clark
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-24063

Ventura County Regional Data Share

APN: 073-0-184-060

California Ventura County Ventura 93001 Midtown

1545 E Thompson Blvd, Ventura, CA

Not Listed for Sale

MultiFamily

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