$1,529,000

157 153-155 S Laurel St Ventura, CA 93001

Estimated payment $9,572/month

Total Views 6,384
5 Beds
4 Baths
3,214 Sq Ft
$476 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • No Units Above
  • Across the Road from Lake or Ocean
  • Ventura High School Rated A-
  • Second Garage
  • Open Floorplan

About This Home

Rare Downtown Ventura property with ocean views by the beach!.

Just steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views.

The classic 1920s Craftsman duplex showcase of character boasts a significant part of the heritage and charm of coastal Ventura, with modern touches. The newer 2013 Mediterranean-style home offers sweeping ocean and mountain views from its master bedroom and its upper-level deck. All units offer granite countertops, new tile and wood flooring and tiled bathrooms throughout.

With a versatile layout and value-add potential–including ADU conversion and short-term Airbnb rental possibilities–this property could offer up to four rentable units. Enjoy a lifestyle of walkable to the beach, pier, dining, theaters, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.

Highlights:

Ocean views & walk-to-beach location
Classic Ventura Craftsman duplex
2013 built Mediterranean home
Flexible unit mix: (1) 1 bed/1 bath, (1) 2 bed/1 bath, (1) 2 bed/2 bath
Courtyard-style layout with attached garage
7 additional off street parking spots on the property
Tenants cover utilities & trash
1 Separate Water Meter, 2 Separate Gas Meters, 2 Separate Electric Meters
Mills Act available for very low property taxes
Development potential & ADU-ready garage
Short-term rental potential as the house 2 doors down is successful Airbnb
Option to purchase bordering property at 967-963 E Thompson Blvd
Lot Size: 6000 square feet
Cap rate is 6.47% GRM is 13.5

Listing Agent

Sinan Zakaria

Listed Simply Brokerage Phone: 800-995-5879 License #01948642 Listed on: 08/13/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 6,000 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Security Fence
  • Cross Fenced
  • Wood Fence
  • Fence is in good condition
  • Level Lot
  • Front Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 6 Open Parking Spaces
  • Second Garage
  • Parking Available
  • Private Parking
  • Front Facing Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Panoramic
  • City Lights
  • Views of a landmark
  • Mountain

Home Design

  • Triplex
  • Craftsman Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Asbestos Shingle Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Seismic Tie Down
  • Asphalt
  • Plaster
  • Stucco

Interior Spaces

  • 3,214 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Bay Window
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Storage
  • Attic

Kitchen

  • Free-Standing Range
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Multi-Level Bedroom
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

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

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Location

  • Across the Road from Lake or Ocean
  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating
  • Floor Furnace
  • Wall Furnace
  • Underground Utilities
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 10
  • Assessor Parcel Number 0730143270

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Property is near a preserve or public land

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,072
  • Operating Expense $14,380
  • Gross Income $113,343
  • Net Operating Income $98,962

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Downtown Ventura
  • View: Yes
  • Zoning: DR
  • Architectural Style: Craftsman, Mediterranean
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0730143270
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Open Floorplan, Pantry, Storage, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Three Or More, Multi/Split
  • Price Per Square Foot: 475.73
  • Room Type: Attic, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom, Multi-Level Bedroom, Walk-In Closet
  • Window Features: Bay Window(s), Double Pane Windows, Low Emissivity Windows, Screens, Wood Frames

Exterior Features

  • Foundation: Concrete Perimeter, Pillar/Post/Pier, Seismic Tie Down, Slab
  • Other Structures: Second Garage, Storage
  • View: City Lights, Coastline, Landmark, Mountain(s), Ocean, Panoramic, Pier, Water, White Water
  • Fence: Yes
  • Fencing: Cross Fenced, Good Condition, Privacy, Security, Wood
  • Pool Private: No
  • Roof: Asbestos Shingle, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Asphalt, Drywall Walls, Frame, Glass, Plaster, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage Faces Front, Guest, Private, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Water Heater, Refrigerator
  • Heating Type: Central, Fireplace(s), Floor Furnace, Wall Furnace
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Preserve/Public Land, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Treed Lot, Utilities - Overhead, Walkstreet, Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Rental Info

  • Tenant Pays: All Utilities, Trash Collection

Multi Family

  • Average1 Bed Area: 1118 Square Feet
  • Average2 Bed Area: 493 Square Feet
  • Average3 Bed Area: 1302 Square Feet
  • Gross Income: 113343.00
  • Gross Multiplier: 13.49
  • Gross Operating Income: 108300.00
  • Gross Scheduled Income: 113343.00
  • Insurance Expense: 2072.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 98962.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7276.00
  • Rent Control: No
  • Total Expenses: 14380.00
  • Vacancy Allowance Rate: 3.00
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Area: 05001
  • Tax Block: 10
  • Tax Census Tract: 24.00
  • Tax Lot: 4

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 List to Sale Price per Sq Ft
08/13/2025 08/13/25 For Sale $1,529,000 -- $476 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25183148

California Regional Multiple Listing Service (CRMLS)
California Ventura County Ventura 93001

157 153-155 S Laurel St, Ventura, CA

For Sale

MultiFamily

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Sinan Zakaria
Listing Agent
Sinan Zakaria
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Listed Simply
(800) 995-5879