CA > Ventura
Ventura, CA 93001,157 S Laurel Street
Ventura, CA 93001,157 S Laurel Street
Ventura, CA 93001,157 S Laurel Street
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$1,529,000
Est. payment /mo
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5 Beds
6,000 Sqft Lot
Active

157 S Laurel Street Ventura, CA 93001

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW25183148

Bedrooms 5

Lot Size 6,000 Sqft

Property Sub-Type Res Income 2-4 Units

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 potentialincluding ADU conversion and short-term Airbnb rental possibilitiesthis 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

Zoning Seller

Direction Between Santa Clara Street and Front Street

Interior

Heating Fireplace, Floor Furnace

Fireplace No

Exterior

Fence Cross Fencing

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 0730143270

Acceptable Financing Cal Vet, Cash, Conventional, FHA, Seller May Carry, VA

Listing Terms Cal Vet, Cash, Conventional, FHA, Seller May Carry, VA

MLS Router / San Diego MLS
Listed by Sinan Zakaria Listed Simply

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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157 S Laurel Street

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