5,998 Sqft Lot
5,998 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision ,Downtown Ventura
MLS Listing ID SW24168603
HOA Y/N No
Year Built 2008
Lot Size 5,998 Sqft
Property Description
Two recently upgraded houses and attached garage. One building is set up as a duplex and is a classic craftsman style house with hardwood floors and built in cabinets and detailed moldings. The other house is is a newer mediterranean style house with ocean views from the second and 3rd floor deck. Many value added possibilities with this property! In the garage you can easily make an ADU to have a total of four rentable units. This area is becoming the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters.
Unique Craftsman style units built in the 1920’s in beautiful Downtown Ventura
1 Mediterranean unit built in 2008 walking distance to Ocean
Courtyard style units
Close distance to Ocean, Pier, Restaurants, Theaters, Ventura College, Oxnard College, and California State University Channel Islands
Value-add opportunities of: short term rentals, ADU’s, build many stories up apartment
Excellent Unit Mix (1)- 1bed/1bath, (1)- 2bed/2bath, (1)- 2bed/1bath
1 car Enclosed parking garage
Tenants pay all utilities and trash
Development potential
Can be sold together with property in back at 967-963 East Thompson Blvd.
Current Cap rate is 5.06%
Current GRM is 17.5
Location
State CA
County Ventura
Area Vc24 - California St. To Mills Rd
Zoning DR
Rooms
Other Rooms Second Garage, Storage
Ensuite Laundry Washer Hookup, Inside
Interior
Interior Features Built-in Features, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Storage, Attic, Bedroom on Main Level, Walk-In Closet(s)
Laundry Location Washer Hookup,Inside
Heating Floor Furnace
Flooring Carpet, Tile, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Free-Standing Range, Disposal, Gas Water Heater
Laundry Washer Hookup, Inside
Exterior
Garage Covered, Garage Faces Front, Guest, Private, Uncovered
Garage Spaces 1.0
Garage Description 1.0
Fence Cross Fenced, Good Condition, Privacy, Security, Wood
Pool None
Community Features Biking, Curbs, Dog Park, Preserve/Public Land, Street Lights, Sidewalks, Urban, Park
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected, Overhead Utilities
Waterfront Description Across the Road from Lake/Ocean
View Y/N Yes
View City Lights, Coastline, Landmark, Mountain(s), Ocean, Panoramic, Pier, Water
Roof Type Asbestos Shingle,Rolled/Hot Mop
Parking Type Covered, Garage Faces Front, Guest, Private, Uncovered
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Sprinklers In Front, Near Park, Sprinklers Timer, Sprinkler System, Street Level, Trees, Walkstreet, Yard
Story 2
Entry Level One,Three Or More,Multi/Split
Foundation Concrete Perimeter, Pillar/Post/Pier, Slab, Tie Down
Sewer Public Sewer
Water Public
Architectural Style Craftsman, Mediterranean
Level or Stories One, Three Or More, Multi/Split
Additional Building Second Garage, Storage
New Construction No
Others
Senior Community No
Tax ID 0730143270
Security Features Carbon Monoxide Detector(s),Fire Rated Drywall,Fire Sprinkler System,Smoke Detector(s),Security Lights
Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
