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967 E Thompson Boulevard

Ventura, CA 93001
  • $1,195,000
  • STATUS: ACTIVE
  • ON SITE: 58 Days
  • ID#: SW24167761
UPDATED: 16 min ago
$1,195,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Rare Downtown Ventura property with commercial mixed use zoning by the beach!. Two 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 five rentable units. Rent the front building to a commercial business. This area is becoming the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters. Unique Craftsman style unit built in the 1920s in beautiful Downtown Ventura 1 Modern unit built in 1950s 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, build 4 stories up apartment, commercial restaurant & market zoned Excellent Unit Mix (1)- Studio, (1) 2bed/1bath, (1)- 3bed/2bath 2 cars 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 5.71% Rare Downtown Ventura property with commercial mixed use zoning by the beach!. Two 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 five rentable units. Rent the front building to a commercial business. This area is becoming the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters. Unique Craftsman style unit built in the 1920s in beautiful Downtown Ventura 1 Modern unit built in 1950s 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, build 4 stories up apartment, commercial restaurant & market zoned Excellent Unit Mix (1)- Studio, (1) 2bed/1bath, (1)- 3bed/2bath 2 cars 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 5.71%

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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967 E Thompson Boulevard Ventura, CA 93001

  • Price: $1,195,000
  • Status: ACTIVE
  • On Site: 58 Days
  • Updated: 16 min ago
  • ID#: SW24167761
6
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Downtown Ventura
County:
Ventura
Area:
Ventura (93001)
Property Description
Rare Downtown Ventura property with commercial mixed use zoning by the beach!. Two 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 five rentable units. Rent the front building to a commercial business. This area is becoming the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters. Unique Craftsman style unit built in the 1920s in beautiful Downtown Ventura 1 Modern unit built in 1950s 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, build 4 stories up apartment, commercial restaurant & market zoned Excellent Unit Mix (1)- Studio, (1) 2bed/1bath, (1)- 3bed/2bath 2 cars 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 5.71% Rare Downtown Ventura property with commercial mixed use zoning by the beach!. Two 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 five rentable units. Rent the front building to a commercial business. This area is becoming the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters. Unique Craftsman style unit built in the 1920s in beautiful Downtown Ventura 1 Modern unit built in 1950s 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, build 4 stories up apartment, commercial restaurant & market zoned Excellent Unit Mix (1)- Studio, (1) 2bed/1bath, (1)- 3bed/2bath 2 cars 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 5.71%
Exterior Features

Exterior BlockStucco Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks Spa N/K

Interior Features

Cooling Central Forced Air Heat Equipment Fireplace Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1

Property Features

Annual Expense Actual 2032 Buildings 3 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 15.81 Gross Scheduled Income Actual 75600 Home Owners Fees 0.0 Tenant Pays Trash Terms Cal VetCashConventionalExchangeFHAVA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2775.0 Unit2 Rent Actual 1125.0 Unit3 Rent Actual 2400.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Sinan Zakaria of Listed Simply: 800-995-5879. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106