215 S Pacific Avenue, Ventura (93001)
$1,049,000
0 
0
7,501
PROPERTY DETAILS
| Address: |
view address Ventura, CA 93001 Map Location |
Features: | Garage |
|---|---|---|---|
| Square Feet: | 7,501 sq.ft. | Lot Size: | 0.17 acres |
| Year Built: | 1940 | Styles: | Cottage |
| Property Type: | Multi Family | Neighborhood: | Ventura: Other |
| County: | Ventura | List Date: | 2024-04-25 |
| Listing Number: | V1-23164 | Listed By: | Beachside Partners |
| Listing Office: | (805) 705-7311 | Days on market: | 12 |
PROPERTY DESCRIPTION
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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Interior
| Gas Dryer Hookup: | Yes |
Exterior
| Garage Size: | 3.00 | Parking Spaces: | 3.00 |
| Style: | Cottage |
Property and Lot Details
| Lot Acres: | 0.17 | Lot Sqft: | 7,500.00 |
| Subdivision: | Ventura: Other | Transaction Type: | Sale |
| Year Built: | 1940 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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