157 153-155 S Laurel Street, Ventura, CA 93001
- $1,695,000
- List Price
- $1,695,000
- Price Change
- ▼ $25,000 1725509691
- Status
- ACTIVE
- MLS#
- SW24168603
- Year Built
- 2008
- Lot Size
- 6,000
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre, Back Yard, Front Yard, Sprinklers In Front, Near Park, Sprinklers Timer, Sprinkler System, Street Level, Trees, Walkstreet, Yard
- Days on Market
- 46
- Property Type
- Multifamily
- Style
- Craftsman, Mediterranean
- Property Sub Type
- Triplex
- Stories
- One Level, Three Or More Levels, Multi Level
- Neighborhood
- , Downtown Ventura
Property Description
Rare Downtown Ventura property with ocean views by the beach!. 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
Additional Information
- Other Buildings
- Second Garage, Storage
- Appliances
- Free-Standing Range, Disposal, Gas Water Heater
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Floor Furnace
- View
- City Lights, Coastline, Landmark, Mountain(s), Ocean, Panoramic, Pier, Water
- Exterior Construction
- Asphalt, Drywall, Frame, Glass, Plaster, Stucco, Wood Siding
- Roof
- Asbestos Shingle, Rolled/Hot Mop
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Built-in Features, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Storage, Attic, Bedroom on Main Level, Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $98,040
- Operating Expense
- 7276
Listing courtesy of Listing Agent: Sinan Zakaria (support@listedsimply.com) from Listing Office: Listed Simply.
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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.