967 E Thompson Boulevard Active Save Request In-Person Tour Request Virtual Tour
Ventura,CA 93001
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24167761
Bedrooms 6
HOA Y/N No
Lot Size 6,400 Sqft
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 1920s in beautiful Downtown Ventura 1 Modern unit built in 1950s 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 cars 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%
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 1920s in beautiful Downtown Ventura 1 Modern unit built in 1950s 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 cars 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%
Location
State CA
County Ventura
Area Ventura (93001)
Zoning Public Rec
Interior
Cooling Central Forced Air
Appliance Fireplace
Exterior
Exterior Feature Block,Stucco
Garage Unit1:Assigned
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cal Vet,Cash,Conventional,Exchange,FHA,VA
Space Rent $2,775
Listing Terms Cal Vet,Cash,Conventional,Exchange,FHA,VA