967 E Thompson Boulevard

Ventura, CA 93001

PRICE INCREASE

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+$20,000 (+1.70%)

$1,195,000

List Price

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shower Baths

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straighten / sqft

1922

calendar_month Built

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 1920’s in beautiful Downtown Ventura 1 Modern unit built in 1950’s 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 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 5.71%

Listing Information

List Price $1,195,000
Status Active
MLS SW24167761
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1922
Lot Size 6,400
Structure Size N/A
DOM 24
Courtesy Of Listed Simply
Listing Agent Sinan Zakaria DRE#01948642

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Laminate, Tile
Fireplace Information
Features Living Room
Additional Information
Additional Features Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Pull Down Attic Stairs, Storage, Tandem, Workshop
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Structures Shed(s)
View Yes

Maps

Listing information courtesy of: Sinan Zakaria, Listed Simply . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.