$ 1,695,000
157 S Laurel Street Ventura, CA 93001
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$ 1,695,000
Est. payment | /mo
5 Beds
4 Baths
6,000 Sqft Lot
$ 1,695,000
Est. payment | /mo
5 Beds
4 Baths
6,000 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24168603
Bedrooms 5
HOA Y/N No
Lot Size 6,000 Sqft
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 1920s 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, ADUs, 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
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 1920s 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, ADUs, 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
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 1920s 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, ADUs, 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
Location
State CA
County Ventura
Area Ventura (93001)
Zoning Seller
Interior
Appliance Floor Furnace
Exterior
Exterior Feature Stucco, Wood
Fence Cross Fencing
Roof Type Rolled/Hot Mop
Building
Lot Description Curbs, Easement Access, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Space Rent $2,900
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listed by Sinan Zakaria • Listed Simply