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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 1920's in beautiful Downtown Ventura of a 1 bedroom plus a 1 meditation room + 1 bathroom.
* Modern unit built in 1950's 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 car's 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 12.44
* PRICED TO SELL !

Overview

Property Status
Sold
Lot Size
6,400 Sq.Ft.
MLS ID
SW25169946
Property Type
Multi-Family
Year Built
1922

Features & Amenities

Total Area
1,755 Sq.Ft.
Neighborhood
Downtown Ventura
Architecture Styles
Craftsman
Water Frontage
Across the Road from Lake/Ocean, Beach Access, Ocean Access
View Description
City Lights, Courtyard, Hills, Mountain(s), Neighborhood
Stories
1
Garage Spaces
2.0
Water Source
Public
Utilites
Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
Pool
None
Roof
Asbestos Shingle
Lot Features
Garden, Landscaped
Parking
Assigned, Covered, Carport, Guest, Private, Uncovered
Heat Type
Fireplace(s), Wall Furnace
Air Conditioning
Central Air
Laundry Room
Inside
Fireplace
Great Room
Appliances
Convection Oven, Free-Standing Range, Gas Oven, Water Heater
Other Interior Features
Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Pull Down Attic Stairs, Storage, Tile Counters, Tandem, Workshop
Sewer
Public Sewer
Substructure
Pillar/Post/Pier
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Sales Price
$1,160,000
Zoning
DR

Downloads

967 E Thompson Boulevard

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for your interest in 967 E Thompson Boulevard, Ventura, CA 93001

967 E Thompson Boulevard
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    License #CA DRE 01986150

    805.407.1731
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