967 E Thompson Boulevard, Ventura, CA 93001

$1,195,000
List Price
$1,195,000
Price Change
▲ $20,000 1725509692
Status
ACTIVE
MLS#
SW24167761
Year Built
1922
Lot Size
6,400
Acres
0.15
Lot Location
Garden, Landscaped
Days on Market
50
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Triplex
Stories
One Level
Neighborhood
, Downtown Ventura

Property Description

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 Ventura 1 Modern unit built in 1950’s 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, build 4 stories up apartment, commercial restaurant & market zoned Excellent Unit Mix (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 5.71%

Additional Information

Other Buildings
Shed(s)
Appliances
Convection Oven, Free-Standing Range, Gas Oven, Water Heater
Pool Description
None
Fireplace Description
Living Room
Heat
Fireplace(s), Wall Furnace
Cooling
Yes
Cooling Description
Central Air
View
City Lights, Courtyard, Hills, Neighborhood
Exterior Construction
Board & Batten Siding, Block, Drywall, Frame, Stucco
Roof
Asbestos Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Pull Down Attic Stairs, Storage, Tandem, Workshop
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$75,600
Operating Expense
6100

Listing courtesy of Listing Agent: Sinan Zakaria (support@listedsimply.com) from Listing Office: Listed Simply.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.