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880 Lemon Grove Avenue

Ventura, CA 93003

$1,595,000

List Price

2

bed Beds

2

shower Baths

1,692 sqft

straighten / sqft

1949

calendar_month Built

Property Description

2 Parcels / APNs: This could be the most unique property in Midtown Ventura, CA and possibly all of Ventura. It's perfect for an investor/ developer/ individual capable of realizing its development potential (see feasibility study). Parcel 1: The first parcel (~7,508 sq ft) features a beautifully renovated single-story bungalow home and a detached garage. The home has an open floor plan filled with natural light and cross breezes throughout the day. The house has been extensively renovated throughout. Updates include new roof/solar, updated plumbing, new laminate and hardwood flooring throughout, earth-toned clay-fired tiling, white soft-close cabinets, countertops, stainless steel appliances, some of the windows and more. Parcel 2: The second parcel (~15,600 sq ft) is an unimproved, buildable lot situated directly behind Parcel 1. Based upon an architectural feasibility study, the lot can currently accommodate three income producing structures** as follows: A two-story single-family home (~3,000 sq ft), A 'regular' accessory dwelling unit (“ADU”), and A 'junior' ADU More information can be found in the feasibility study diagrams & Virtual Tour (or “more”) link. * The home was originally designed as a 3 bedroom/ 2 bathroom and functionally remains as one. To maximize the space and flow of the house, access to the 2nd bathroom was altered from the common area hallway and is now directly accessible through the “3rd bedroom”/ mudroom/ office. ** State legislation is pending that may allow for one or two multi-unit buildings. Buyer to confirm all this information and the study on their own. The property description provided are for general information purposes only and are not intended to be a complete. The property description provided are for general information purposes only and are not intended to be a complete representation of the property. Buyers should rely on their own inspections and professional advice before making any decisions.

Listing Information

List Price $1,595,000
Status Active
MLS TR24166425
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1949
Lot Size 7,405
Structure Size 1,692
DOM 25
Courtesy Of Homecoin.com
Listing Agent Jonathan Minerick DRE#01523060

Interior Features

Laundry Information
Location(s) Gas Dryer Hookup, Laundry Room
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 2
Flooring Information
Material Laminate, Wood
Fireplace Information
Features None
Additional Information
Additional Features Wet Bar, Breakfast Bar, Separate/Formal Dining Room, Open Floorplan, Pantry, Storage, Unfurnished, Walk-In Closet(s)
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Concrete, Deck

Maps

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Listing information courtesy of: Jonathan Minerick, Homecoin.com . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:23 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.