Description
Tremendous investment potential for (2) 3-unit apartment properties on 2 lots in downtown ventura within blocks of the beach, pier and amidst ventura's most vibrant new neighborhood around front st. 14.8 grm, 4.7% cap on current rents. 153 south laurel st & 967 e thompson blvd feature 4 detached residential buildings along with 5 garage spaces on a combined 11,760 sf of land with zoning allowing for both residential and commercial use plus potential for short term rentals. further units may be added through adu conversion of garages under sb 1211. units each have unique charm and offer updated interiors, yards or patios and 4 of the 6 units have interior laundry hookups. tenants pay all utilities. flexible financing options either through one commercial loan or more leverage through 2 separate residential loans. building fronting thompson offers flexibility to remain all residential or be converted to partial or all commercial in one of the highest traffic counts in city of ventura. lush landscaping separates each unit providing privacy and tranquility. units will always be in high demand as tenants can walk to surf breaks, parks, schools, breweries & eateries plus entertainment venues around front st, across the walk bridge at c street or downtown.153-157 s laurel st features a 1928 craftsman style 1-story duplex in front, 2/1 & 1/1 apartments each with a small yard or patio, along with a 2011 built 2-story mediterranean style 2/2 in back, including an ocean view rooftop deck and 1-car garage. interiors of front duplex recently received new kitchen cabinets and countertops.963, 967 e thompson includes a 1-story craftsman style house that fronts thompson currently set up with a duplex, 3/1.5 & small studio, plus a detached single-story 2/1 classic craftsman home and 2 detached 2-car garages at rear. recent updates at 963 include new roof, upgraded electrical panel, 6 new windows.
Property Type
Residential IncomeCounty
VenturaStyle
Residential IncomeAD ID
47571672
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Property Appliances: Gas Oven
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1928
Pool Features
- None
Fencing
- None
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.27
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 11760
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Listing Information
Listing Price Information
- Original List Price: 2,595,000
- Listing Contract Date: 2024-11-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 0730143270
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: Thompson & Laurel
- Source Property Type: Residential Income
Building and Construction
- Property Age: 96
- Common Walls: No Common Walls
- Year Built Source: Assessor
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BuyOwner last updated this listing 12/22/2024 @ 09:12
- MLS: V1-26597
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 11,760 sized lot, and 5 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Ventura , in zip code 93001, this Ventura County Home are nearby neighborhoods.