$1,199,000
$76K PRICE DROP

Estimated payment $6,516/month

Total Views 2,775
-- Bed
-- Bath
2,565 Sq Ft
$467 Price per Sq Ft

About This Home

335 W Simpson St is a rare opportunity to acquire a well-located triplex offering a dependable stream of rental income in one of Ventura's downtown corridors poised for continued rental growth and long-term appreciation. The property spans two parcels totaling 5,373 SF and features a spacious front yard providing ample onsite parking, coin operated laundry for tenants, along with a one-car garage currently used for storage. The site is comprised of a desirable unit mix including (1) 4BD/1BA, (1) 2BD/1BA, and (1) spacious studio unit with a private yard. Recent improvements to the site include a new roof completed in 2024, along with fresh exterior paint, new water heater and a newly constructed staircase to the second floor in 2025.

Listing Agent

Jason Liehr

Beachside Partners License #02152826 Listed on: 01/22/2026

Co-Listing Agent

Nick Henry

Beachside Partners License #01748131

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • Garage

Home Design

  • 2,565 Sq Ft Home
  • Raised Foundation

Schools

  • Cla Elementary And Middle School
  • Cla High School

Additional Features

  • 5,373 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 071-0-053-360

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $3,107
  • Fuel Expense $2,613
  • Water Sewer Expense $3,175
  • Gross Income $82,216

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1962
  • Income Expenses Annual Income: 82216.0
  • Income Expenses Electric Expense: 3107.0
  • Income Expenses Gas Expense: 2613.0
  • Gross Rent Multiplier: 14.6
  • Monthly Income: 6851.0
  • Income Expenses Water Expense: 3175.0
  • Co List Office Mls Id: jonsta
  • Co List Office Phone: 805-626-0112
  • Property Information Year Built2: 1962
  • NeighborhoodSchools Elementary School: CLA
  • NeighborhoodSchools Junior High School: CLA
  • NeighborhoodSchools High School: CLA
  • Property Information Main House SqFt: 2565.0
  • Property Information Apx Lot SqFt: 5373.0
  • Foundation Raised2: Yes
  • Parking Info Gar #14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.12
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Outside, Garage

Utilities

  • Heating: Wall Furnace
  • HeatingYN: Yes

Fee Information

  • Annual Fuel Expense: 2613.0
  • Annual Water Sewer Expense: 3175.0

Schools

  • Elementary School: CLA
  • High School: CLA
  • Middle Or Junior School: CLA

Lot Info

  • Parcel #: 071-0-053-360
  • Zoning: CLA
  • Lot Size Sq Ft: 5373.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 3107.0
  • Annual Gross Income: 82216.0
  • Total Actual Rent: 6851.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,465 $316,178 $194,475 $121,703
2024 $3,465 $309,979 $190,662 $119,317
2023 $3,423 $303,901 $186,923 $116,978
2022 $3,190 $297,943 $183,258 $114,685
2021 $3,129 $292,101 $179,664 $112,437
2020 $3,099 $289,108 $177,823 $111,285
2019 $3,042 $283,440 $174,337 $109,103
2018 $2,992 $277,883 $170,919 $106,964
2017 $2,930 $272,435 $167,568 $104,867
2016 $2,866 $267,094 $164,283 $102,811
2015 $2,836 $263,084 $161,816 $101,268
2014 $2,787 $257,933 $158,648 $99,285
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2026 02/16/26 Price Changed $1,199,000 -6.0% $467 / Sq Ft
01/22/2026 01/22/26 For Sale $1,275,000 -- $497 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 26-228

Santa Barbara Multiple Listing Service

APN: 071-0-053-360