Thank you
Nicholas Henry
Beachside Partners
805-453-5097
Offers due by noon on Thursday, May 2. Tremendous value add potential for an investor or contractor that is ready to put in the work. 3 standalone 1-story cottages on 7,500 SF R3-5 zoned lot including an occupied 2BD/1BA main residence, a vacant 2BD/1BA unit in fixer condition, a vacant studio with permits for remodel and a 3-car garage that has plans in place for an ADU conversion that would open up a fourth stream of rental income. The parcel spans from Pacific Ave to Hurst Ave offering potential for lot split. Located in midtown Ventura this property offers residents easy access to dining and shopping, parks, hiking trails, schools, 2 local hospitals plus boating and other ocean related recreation opportunities. With completed ADU unit and property full stabilized potential monthly rents over $10k/MO. The current price reflects the work and upside that can be achieved at this property. The combination of approved plans and vacant units allow for an excellent value add opportunity in a highly sought after neighborhood that will see long term appreciation. Cash offers only, 2 vacant units in need of signicant repairs.
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Total Baths: 0
Fireplace: None
None
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1940
None
Washer Hookup,Gas Dryer Hookup
Wire
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1722
Lot Size Source: Public Records
Lot Size Square Feet: 7500
Original List Price: 1,049,000
Listing Contract Date: 2024-04-24
Listing Agreement: Exclusive Right To Sell
Parcel Number: 0730213060
Garage Description: Door-Single,Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood:
Directions: Triplex located on Pacific Ave between Thompson St and Main St.
Source Property Type: Residential Income
Property Age: 84
Common Walls: No Common Walls
Year Built Source: Public Records
Levels or Stories: One
Building Total Stories: 1
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 | $3,350,000 | 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 05/20/2024 @ 23:15
MLS: V1-23164
LISTED BY: Nicholas Henry, Beachside Partners
SOURCE: CRMLS
Buyer Agency Compensation: 2%
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.