157 153-155 S Laurel ST Open House Save Request In-Person Tour Request Virtual Tour
Ventura,CA 93001
OPEN HOUSE
Sun Aug 17, 3:00pm - 5:00pm
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Ventura
MLS Listing ID SW25183148
Year Built 2008
Lot Size 5,998 Sqft
Property Sub-Type Triplex
Property Description
Rare Downtown Ventura property with ocean views by the beach!.
Just steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views.
The classic 1920s Craftsman duplex showcase of character boasts a significant part of the heritage and charm of coastal Ventura, with modern touches. The newer 2013 Mediterranean-style home offers sweeping ocean and mountain views from its master bedroom and its upper-level deck. All units offer granite countertops, new tile and wood flooring and tiled bathrooms throughout.
With a versatile layout and value-add potential–including ADU conversion and short-term Airbnb rental possibilities–this property could offer up to four rentable units. Enjoy a lifestyle of walkable to the beach, pier, dining, theaters, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.
Highlights:
Ocean views & walk-to-beach location
Classic Ventura Craftsman duplex
2013 built Mediterranean home
Flexible unit mix: (1) 1 bed/1 bath, (1) 2 bed/1 bath, (1) 2 bed/2 bath
Courtyard-style layout with attached garage
7 additional off street parking spots on the property
Tenants cover utilities & trash
1 Separate Water Meter, 2 Separate Gas Meters, 2 Separate Electric Meters
Mills Act available for very low property taxes
Development potential & ADU-ready garage
Short-term rental potential as the house 2 doors down is successful Airbnb
Option to purchase bordering property at 967-963 E Thompson Blvd
Lot Size: 6000 square feet
Cap rate is 6.47% GRM is 13.5
Location
State CA
County Ventura
Area Vc24 - California St. To Mills Rd
Zoning DR
Rooms
Other Rooms Second Garage,Storage
Interior
Heating Central,Floor Furnace,Fireplace(s),Wall Furnace
Flooring Carpet,Tile,Wood
Fireplaces Type Living Room
Laundry Washer Hookup,Inside
Exterior
Parking Features Assigned,Covered,Garage Faces Front,Guest,Private,Uncovered
Garage Spaces 1.0
Garage Description 1.0
Fence Cross Fenced,Good Condition,Privacy,Security,Wood
Pool None
Community Features Biking,Curbs,Dog Park,Preserve/Public Land,Street Lights,Sidewalks,Urban,Park
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Available,Underground Utilities,Water Connected,Overhead Utilities
Waterfront Description Across the Road from Lake/Ocean
View Y/N Yes
View City Lights,Coastline,Landmark,Mountain(s),Ocean,Panoramic,Pier,Water
Roof Type Asbestos Shingle,Rolled/Hot Mop
Building
Lot Description 0-1 Unit/Acre,Back Yard,Front Yard,Sprinklers In Front,Near Park,Near Public Transit,Sprinklers Timer,Sprinkler System,Street Level,Trees,Walkstreet,Yard
Story 2
Foundation Concrete Perimeter,Pillar/Post/Pier,Slab,Tie Down
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional,Cal Vet Loan,FHA,Owner May Carry,VA Loan
Listing Terms Cash,Conventional,Cal Vet Loan,FHA,Owner May Carry,VA Loan
Special Listing Condition Standard