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$ 1,495,000
Est. payment /mo
Active
153 S South 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 Active
Purchase Type For Sale
MLS Listing ID V1-29266
Bedrooms 5
HOA Y/N No
Lot Size 6,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare Ocean View Investment in Downtown VenturaJust steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views. The classic 1920s Craftsman duplex showcases vintage charm with modern touches, while the newer Mediterranean-style home offers sweeping views from its upper-level decks.With a versatile layout and value-add potential--including ADU conversion and short-term rental possibilities--this property could offer up to four rentable units. Enjoy a walkable lifestyle near the beach, pier, dining, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.Highlights: Ocean views & walk-to-beach location Craftsman duplex + 2008 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 Tenants cover utilities & trash Development potential & ADU-ready garage Option to purchase neighboring property at 967-963 E Thompson BlvdCurrent Cap rate is 6.44%Current GRM is 13.5Don't miss this unique investment in one of Ventura's most desirable coastal communities!
Rare Ocean View Investment in Downtown VenturaJust steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views. The classic 1920s Craftsman duplex showcases vintage charm with modern touches, while the newer Mediterranean-style home offers sweeping views from its upper-level decks.With a versatile layout and value-add potential--including ADU conversion and short-term rental possibilities--this property could offer up to four rentable units. Enjoy a walkable lifestyle near the beach, pier, dining, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.Highlights: Ocean views & walk-to-beach location Craftsman duplex + 2008 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 Tenants cover utilities & trash Development potential & ADU-ready garage Option to purchase neighboring property at 967-963 E Thompson BlvdCurrent Cap rate is 6.44%Current GRM is 13.5Don't miss this unique investment in one of Ventura's most desirable coastal communities!
Rare Ocean View Investment in Downtown VenturaJust steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views. The classic 1920s Craftsman duplex showcases vintage charm with modern touches, while the newer Mediterranean-style home offers sweeping views from its upper-level decks.With a versatile layout and value-add potential--including ADU conversion and short-term rental possibilities--this property could offer up to four rentable units. Enjoy a walkable lifestyle near the beach, pier, dining, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.Highlights: Ocean views & walk-to-beach location Craftsman duplex + 2008 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 Tenants cover utilities & trash Development potential & ADU-ready garage Option to purchase neighboring property at 967-963 E Thompson BlvdCurrent Cap rate is 6.44%Current GRM is 13.5Don't miss this unique investment in one of Ventura's most desirable coastal communities!
Location
State CA
County Ventura
Area Ventura (93001)
Zoning Seller
Interior
Appliance Floor Furnace
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Level or Stories 3 Story
Others
Acceptable Financing Cash, Conventional, Exchange, FHA
Space Rent $8,889
Listing Terms Cash, Conventional, Exchange, FHA

Listed by Jordan Farris • LIV Sotheby's International
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