REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,329,000
Est. payment /mo
Pending
157-153-155 S Laurel Street Ventura, CA 93001
5 Beds
4 Baths
6,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SW26098185
Bedrooms 5
Lot Size 6,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare Downtown Ventura property with ocean views by the beach!. Just steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views. Capitalization Rate: 6.64 %! Priced to sell! AS-IS no owner credits. The classic 1920s Craftsman duplex showcase of character boasts a significant part of the heritage and charm of coastal Ventura, with modern touches. The newer 2013 Mediterranean-style home offers sweeping ocean and mountain views from its master bedroom and its upper-level deck. All units offer granite countertops, new tile and wood flooring and tiled bathrooms throughout. With a versatile layout and value-add potential--including ADU conversion and short-term Airbnb rental possibilities--this property could offer up to four rentable units. Enjoy a lifestyle of walkable to the beach, pier, dining, theaters, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood. Highlights: Ocean views & walk-to-beach location Classic Ventura Craftsman duplex 2013 built Mediterranean home Flexible unit mix: (1) 1 bed/1 bath, (1) 2 bed/1 bath, (1) 2 bed/2 bath Courtyard-style layout with attached garage 7 additional off street parking spots on the property Tenants cover utilities & trash 1 Separate Water Meter, 2 Separate Gas Meters, 2 Separate Electric Meters Property is a Mills Act available if buyer wants it, for very low property taxes of significant savings for owners reducing taxes by 20% to 70% for very low property taxes Development potential & ADU-ready garage Short-term rental p
Location
State CA
County Ventura
Zoning Seller
Direction Between Santa Clara Street and Front Street
Interior
Heating Fireplace, Floor Furnace
Fireplace No
Exterior
Fence Cross Fencing
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 0730143270
Acceptable Financing Cal Vet, Cash, Conventional, FHA, Seller May Carry, VA
Listing Terms Cal Vet, Cash, Conventional, FHA, Seller May Carry, VA
Listed by Sinan Zakaria, DRE#01948642 Listed Simply