967 E Thompson BLVD Pending Save Request In-Person Tour Request Virtual Tour
Ventura,CA 93001
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Subdivision Downtown Ventura
MLS Listing ID SW25169946
Year Built 1922
Lot Size 6,398 Sqft
Property Sub-Type Triplex
Property Description
Rare Downtown Ventura property with commercial mixed use zoning by the beach!
Two separate 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 four rentable units. Rent the front building to a commercial business. This area is the IN location as you can walk to the beach & pier and downtown breweries/restaurants/theaters with new apartments and ocean view condominiums of over 1 million+ dollars close by.
• Unique Craftsman style unit built in the 1920's in beautiful Downtown Ventura of a 1 bedroom plus a 1 meditation room + 1 bathroom.
• Modern unit built in 1950's walking distance to Ocean & Pier of a Frontage house = 3 bedrooms + 1.5 bathrooms plus a 1 studio + 1 bathroom
• Courtyard style units with new windows and doors.
• 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, etc.) zoned
• Excellent Unit Mix (1) storage garage + parking spot, (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 7 %
• GRM is 12.44
• PRICED TO SELL !
Location
State CA
County Ventura
Area Vc24 - California St. To Mills Rd
Zoning DR
Rooms
Other Rooms Shed(s),Storage
Interior
Heating Fireplace(s),Wall Furnace
Cooling Central Air
Flooring Carpet,Laminate,Tile,Wood
Fireplaces Type Great Room
Laundry Inside
Exterior
Parking Features Assigned,Covered,Carport,Guest,Private,Uncovered
Garage Spaces 2.0
Garage Description 2.0
Fence Average Condition,Block,Wood
Pool None
Community Features Biking,Curbs,Dog Park,Fishing,Gutter(s),Hiking,Park,Preserve/Public Land,Storm Drain(s),Street Lights,Sidewalks
Utilities Available Electricity Available,Electricity Connected,Phone Available,Sewer Available,Sewer Connected,Underground Utilities,Water Available
Waterfront Description Across the Road from Lake/Ocean,Beach Access,Ocean Access
View Y/N Yes
View City Lights,Courtyard,Hills,Mountain(s),Neighborhood
Roof Type Asbestos Shingle
Building
Lot Description Garden,Landscaped
Story 1
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,Owner May Carry,VA Loan
Listing Terms Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,Owner May Carry,VA Loan
Special Listing Condition Standard