$1,395,000

531 Cedar St Ventura, CA 93001

Westside Neighborhood

Estimated payment $7,754/month

Total Views 8,496
7 Beds
6 Baths
2,416 Sq Ft
$577 Price per Sq Ft

Highlights

  • Hiking Trails
  • Laundry Room
  • Southwest Facing Home
  • Park
  • Wall Furnace
  • 1-Story Property

About This Home

Well-located five-unit income property in desirable West Ventura. The property features a versatile unit mix consisting of a detached single-family residence and two duplexes. The configuration includes one spacious 3-bedroom, 2-bath unit and four 1-bedroom, 1-bath units, offering strong rental appeal and diversified income potential. Convenient location near downtown Ventura, shopping, dining and coastal amenities. An excellent opportunity for investors seeking a stable asset in a high-demand rental market.

Listing Agent

David Remedios

RE/MAX Gold Coast REALTORS Brokerage Phone: (805) 340-0922 License #00902963 Listed on: 01/14/2026

RE/MAX Gold Coast REALTORS

Co-Listing Agent

Marla Remedios

RE/MAX Gold Coast REALTORS Brokerage Phone: (805) 340-0922 License #01992350

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,662 Sq Ft Lot
  • No Common Walls
  • Southwest Facing Home
  • No Sprinklers

Parking

  • 1 Car Garage
  • Parking Available
  • Shared Driveway
  • On-Street Parking

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Tract Number 5030
  • Assessor Parcel Number 0710072170
  • Tax Block C

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Ventura Ave 0208 Subdivision

Recreation

  • Park
  • Hiking Trails

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $6,000
  • Professional Management Expense $5,953
  • Trash Expense $3,237
  • Water Sewer Expense $6,221
  • Operating Expense $32,000
  • Gross Income $106,560
  • Net Operating Income $74,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

5,662 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Professional Management Expense: 5953.00
  • Property Attached: No
  • Subdivision Name Other: Ventura Ave - 0208
  • View: No
  • Water Sewer Expenses: 6221.00
  • Property Type: Residential Income
  • Parcel Number: 0710072170
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 577.40

Exterior Features

  • Direction Faces: Southwest
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Street, Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 3237.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Hiking, Sidewalks, Park

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5662.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 106560.00
  • Gross Scheduled Income: 106560.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 5662.0000 Square Feet
  • Net Operating Income: 74560.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 32000.00
  • Rent Control: Yes
  • Total Actual Rent: 8880.00
  • Total Expenses: 32000.00

Tax Info

  • Tax Block: C
  • Tax Tract: 12
  • Tax Tract Number: 05030

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,295 $392,578 $186,940 $205,638
2024 $4,295 $384,881 $183,275 $201,606
2023 $4,244 $377,335 $179,682 $197,653
2022 $3,955 $369,937 $176,159 $193,778
2021 $3,880 $362,684 $172,705 $189,979
2020 $3,843 $358,967 $170,935 $188,032
2019 $3,773 $351,930 $167,584 $184,346
2018 $3,711 $345,031 $164,299 $180,732
2017 $3,634 $338,267 $161,078 $177,189
2016 $3,564 $331,635 $157,920 $173,715
2015 $3,527 $326,655 $155,549 $171,106
2014 $3,470 $320,258 $152,503 $167,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2026 01/14/26 For Sale $1,395,000 -- $577 / Sq Ft
Source: Ventura County Regional Data Share

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: Ventura County Regional Data Share

MLS Number: V1-34092

Ventura County Regional Data Share

APN: 071-0-072-170

California Ventura County Ventura 93001 Westside

531 Cedar St, Ventura, CA

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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David Remedios
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David Remedios
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RE/MAX Gold Coast REALTORS
(805) 340-0922
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