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Rare Downtown Ventura property with commercial mixed use zoning by the beach!. Two 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 five rentable units. Rent the front building to a commercial business. This area is becoming the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters. Unique Craftsman style unit built in the 1920’s in beautiful Downtown Ventura1 Modern unit built in 1950’s walking distance to OceanCourtyard style unitsClose distance to Ocean, Pier, Restaurants, Theaters, Ventura College, Oxnard College, and California State University Channel IslandsValue-add opportunities of: short term rentals, build 4 stories up apartment, commercial restaurant & market zonedExcellent Unit Mix (1)- Studio, (1) – 2bed/1bath, (1)- 3bed/2bath2 car’s Enclosed parking garagesTenants pay all utilities and trashDevelopment potential as on Thompson Boulevard frontage with commercial zoningCan be sold together with property in back at 153, 155, 157 South Laurel StreetCurrent Cap Rate is 5.71%
Last Updated | 9/9/2024 | Tract | ,Downtown Ventura |
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Year Built | 1922 | Community | California St. to Mills Rd |
Garage Spaces | 2.0 | County | Ventura |
Price History
Prior to Sep 4, '24 | $1,175,000 |
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Sep 4, '24 - Today | $1,195,000 |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Convection Oven, Free-Standing Range, Gas Oven, Water Heater |
AREA | California St. to Mills Rd |
CONSTRUCTION | Block, Board & Batten Siding, Drywall, Frame, Stucco |
FIREPLACE | Yes |
GARAGE | Assigned, Carport, Guest, Uncovered, Yes |
HEAT | Fireplace(s), Wall Furnace |
HOA DUES | 0 |
INTERIOR | Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Pull Down Attic Stairs, Storage, Tandem, Workshop |
LOT | 6400 sq ft |
LOT DESCRIPTION | Garden, Landscaped |
PARKING | Assigned,Carport,Guest,Uncovered |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | Craftsman |
SUBDIVISION | ,Downtown Ventura |
UTILITIES | Electricity Connected,Sewer Connected,Underground Utilities, Electric: 220 Volts in Garage |
VIEW | Yes |
VIEW DESCRIPTION | City Lights,Courtyard,Hills,Neighborhood |
WATER | Public |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Across the Road from Lake/Ocean |
ZONING | DR |
Location
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