Property Details
About this Property
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
MLS Listing Information
MLS #
CRV1-26597
MLS Source
California Regional MLS
Days on Site
16
Interior Features
Appliances
Oven - Gas
Cooling
None
Parking, School, and Other Information
Garage/Parking
Garage: 5 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Nicholas Henry
Beachside Partners
License #: 01748131
Phone: (805) 705-7311
Co-Listing Agent
Jason Liehr
License #: 02152826
Phone: (805) 406-6463
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
153 S Laurel St is a Residential Income in Ventura, CA 93001. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,595,000 and was built in 1928. This address can also be written as 153 S Laurel St, Ventura, CA 93001.
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This listing information is up-to-date as of November 18, 2024. For the most current information, please contact Nicholas Henry, (805) 705-7311
