Active

157 153-155 S Laurel Street

Ventura CA, 93001

$1,695,000


$708.02 per sqft

Active

2,394 sqft

Multi-family

Built in 2008

Listed by Sinan Zakaria with Listed Simply [email protected]

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 1920's 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, ADU's, 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

SW24168603

MLS ID

August 20, 2024

Listed

October 17, 2024

Updated

Map

157 153-155 S Laurel Street
Ventura CA, 93001

Interior Features

Total Stories

1


Interior Features

Built-in Features, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Storage, Attic, Bedroom on Main Level, Walk-In Closet(s)


Appliances

Free-Standing Range, Disposal, Gas Water Heater


Laundry Description

Washer Hookup, Inside


Floor Description

Carpet, Tile, Wood


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Heating

Yes


Heating Description

Floor Furnace

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

0-1 Unit/Acre, Back Yard, Front Yard, Sprinklers In Front, Near Park, Sprinklers Timer, Sprinkler System, Street Level, Trees, Walkstreet, Yard


Architectual Style

Craftsman, Mediterranean


Roof

Asbestos Shingle, Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Area Name

VC24 - California St. to Mills Rd


Days on Market

15


Garage

Yes


Garage Spaces

1


Parking

Covered, Garage Faces Front, Guest, Private, Uncovered


Parking Total

7


View

Yes


View Description

City Lights, Coastline, Landmark, Mountain(s), Ocean, Panoramic, Pier, Water


County

Ventura


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Zoning

DR

Listing History

Date

Event

Price

9/4/2024

Price change

$1,695,000

-2%

Listing Contact: 800-995-5879 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/17/2024 at 1:23 PM UTC

 

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