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$ 1,095,000
Est. payment /mo
Open Sat 2PM-4PM
967 E Thompson Boulevard Ventura, CA 93001
6 Beds
4 Baths
OPEN HOUSE
Sat Aug 02, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW25169946
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Rare Downtown Ventura property with commercial mixed use zoning by the beach! Two separate 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 four rentable units. Rent the front building to a commercial business. This area is the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters with new apartments and ocean view condominiums of over 1 million+ dollars close by. Unique Craftsman style unit built in the 1920s in beautiful Downtown Ventura of a 1 bedroom plus a 1 meditation room + 1 bathroom. Modern unit built in 1950s walking distance to Ocean & Pier of a Frontage house = 3 bedrooms + 1.5 bathrooms plus a 1 studio + 1 bathroom Courtyard style units with new windows and doors. 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, etc.) zoned Excellent Unit Mix (1) storage garage + parking spot, (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 7 % GRM is 12
Location
State CA
County Ventura
Zoning Public Rec
Direction on Thompson between Laurel and Kalorama
Interior
Heating Fireplace
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 0730143100
Listed by Sinan Zakaria Listed Simply
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