Thank you
Matthew Ziegler
Marcus & Millichap
818-212-2700
We are pleased to present 1124 Montauk Lane, a charming two-story beachside duplex located just steps to the sand in Ventura, CA. Built in 1964, the property consists of a two-bedroom/one-bathroom downstairs unit and a three-bedroom/two-bathroom upstairs unit. The upstairs unit features vaulted beamed ceilings with a spacious layout with plenty of natural lighting and two balconies with stunning ocean views. The downstairs unit features direct access to a large backyard area. The 2,101 sf building sits on a 3,611 sf lot.This property is excellent for an owner-user looking for a permanent residence or vacation home while using existing rental income to subsidize the mortgage payment. Alternatively, this property offers a new investor the opportunity to renovate units, building exterior and backyard area in order to maximize rental income as current rents are approximately 52% under market. Located just 5 lots to the beach, 1124 Montauk Lane is situated just off bustling Seaward Avenue which features coffee shops, restaurants and chic retail. The property is also just two blocks from the Marina Village Shopping Center which has additional restaurants, retail and a large Vons supermarket and pharmacy. 1124 Montauk Lane is conveniently located just off the 101 freeway providing easy access to job centers of Downtown Ventura, Oxnard, Camarillo and Santa Barbara.
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Total Bedrooms : 0
Total Baths: 0
Full Baths: 0
Half Baths: 0
None
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1964
Building Area Total: 2,101
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0829
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 3610
Original List Price: 1,850,000
Listing Contract Date: 2024-04-25
Listing Agreement: Seller Reserved
Parcel Number: 0810051060
Garage Description: Carport
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: VC23 - Ventura Beach S. of Ventura River to S.C.
Postal Code Plus 4: 3835
Directions: 1 block north of Seaward Ave in between Pierpoint Blvd and the beach.
Zoning: R2B
Source Property Type: Residential Income
Area: VC23 - Ventura Beach S. of Ventura River to S.C.
Property Age: 60
Year Built Source: Vendor Enhanced
Total Square Feet Living: 2101
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1230 E Thompson Boulevard, Ventura, CA,93001 | $1,295,000 | 3 | 2 | 1,797 | 1800 Sqft |
Monmouth Drive, Ventura, CA,93001 | $795,000 | -- | -- | -- | 3790 Sqft |
1177 Norwich Lane, Ventura, CA,93001 | $3,250,000 | 4 | 4 | 3,630 | 4000 Sqft |
1260 E Thompson Bouleva.., Ventura, CA,93001 | $1,064,000 | 2 | 2 | 1,186 | 100 Acres |
1276 E Thompson Bouleva.., Ventura, CA,93001 | $1,198,000 | 4 | 3 | 1,734 | 100 Acres |
1230 E Thompson Bouleva.., Ventura, CA,93001 | $1,159,000 | 4 | 3 | 1,734 | 100 Acres |
1678 Buena Vista Street, Ventura, CA,93001 | $499,000 | -- | -- | -- | 36416 Sqft |
Alessandro Drive, Ventura, CA,93001 | $335,000 | -- | -- | -- | 11279 Sqft |
3072 Solimar Beach Drive, Ventura, CA,93001 | $3,500,000 | 2 | -- | 1,272 | 4088 Sqft |
520 Coronado Street, Ventura, CA,93001 | $1,299,000 | -- | -- | 1,590 | 5438 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 21:30
MLS: 24384267
LISTED BY: Matthew Ziegler, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.