$1,095,000
PENDING

Estimated payment $6,929/month

Total Views 4,763
6 Beds
4 Baths
1,755 Sq Ft
$624 Price per Sq Ft

Highlights

  • Property has ocean access
  • Art Studio
  • No Units Above
  • Ventura High School Rated A-
  • Fishing
  • Across the Road from Lake or Ocean

About This Home

Rare Downtown Ventura property with commercial mixed use zoning by the beach!
Two separate houses and detached double garages. One house is a classic craftsman style house with hardwood floors and built in cabinets and detailed moldings. The other house is set up as a duplex. Many value added possibilities with this property! Also in each garage you can make an ADU to have a total of four rentable units. Rent the front building to a commercial business. This area is the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters with new apartments and ocean view condominiums of over 1 million+ dollars close by.

• Unique Craftsman style unit built in the 1920’s in beautiful Downtown Ventura of a 1 bedroom plus a 1 meditation room + 1 bathroom.
• Modern unit built in 1950’s walking distance to Ocean & Pier of a Frontage house = 3 bedrooms + 1.5 bathrooms plus a 1 studio + 1 bathroom
• Courtyard style units with new windows and doors.
• Close distance to Ocean, Pier, Restaurants, Theaters, Ventura College, Oxnard College, and California State University Channel Islands
• Value-add opportunities of: short term rentals, build 4 stories up apartment, commercial (restaurant, market, etc.) zoned
• Excellent Unit Mix (1) storage garage + parking spot, (1)- Studio, (1) – 2bed/1bath, (1)- 3bed/2bath
• 2 car’s Enclosed parking garages
• Tenants pay all utilities and trash
• Development potential as on Thompson Boulevard frontage with commercial zoning
• Can be sold together with property in back at 153, 155, 157 South Laurel Street
• Current Cap Rate is 7 %
• GRM is 12.44
• PRICED TO SELL !

Listing Agent

Sinan Zakaria

Listed Simply Brokerage Phone: 800-995-5879 License #01948642 Listed on: 07/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,400 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Fence is in average condition
  • Landscaped
  • Garden

Parking

  • 7 Open Parking Spaces
  • 2 Car Garage
  • Carport
  • Parking Available
  • Tandem Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood
  • Courtyard

Home Design

  • Triplex
  • Craftsman Architecture
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asbestos Shingle Roof
  • Board and Batten Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Great Room with Fireplace
  • Family Room
  • Art Studio
  • Workshop
  • Storage
  • Laundry Room
  • Sump Pump
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Gas Oven
  • Free-Standing Range
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

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

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean

Utilities

  • Central Air
  • Wall Furnace
  • Underground Utilities
  • 220 Volts in Garage
  • Water Heater
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 4 / 10
  • Assessor Parcel Number 0730143100

Community Details

Overview

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

Recreation

  • Fishing
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,871
  • Operating Expense $11,538
  • Gross Income $91,020
  • Net Operating Income $79,482

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 365000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Downtown Ventura
  • View: Yes
  • Zoning: DR
  • Architectural Style: Craftsman
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0730143100
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Open Floorplan, Pantry, Pull Down Stairs to Attic, Storage, Sump Pump, Tandem, Tile Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Great Room
  • Levels: One
  • Price Per Square Foot: 623.93
  • Room Type: Art Studio, Family Room, Kitchen, Laundry, Workshop
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Low Emissivity Windows

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Other Structures: Shed(s), Storage
  • View: City Lights, Courtyard, Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Block, Wood
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Block, Board & Batten Siding, Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Covered, Guest, Private, Uncovered
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Free-Standing Range, Gas Oven, Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Hiking, Gutters, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Garden, Landscaped
  • Lot Size Sq Ft: 6400.00
  • Lot Size Acres: 0.1469

Rental Info

  • Tenant Pays: All Utilities, Trash Collection

Multi Family

  • Gross Income: 91020.00
  • Gross Multiplier: 12.03
  • Gross Operating Income: 91020.00
  • Gross Scheduled Income: 91020.00
  • Insurance Expense: 1871.00
  • Lot Size Area: 6400.0000 Square Feet
  • Net Operating Income: 79482.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 11537.00
  • Rent Control: No
  • Total Expenses: 11538.00
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access

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 Change Sq Ft Price
08/10/2025 08/10/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $1,095,000 +259.0% $624 / Sq Ft
04/12/2012 04/12/12 Sold $305,000 -9.2% --
03/28/2012 03/28/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $336,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25169946

California Regional Multiple Listing Service (CRMLS)

APN: 073-0-143-100