157 S Laurel Street Ventura CA 93001 MLS #SW24168603

157 S Laurel Street
Ventura, CA, 93001
$1,720,000
Beds
0 Baths
SqFt
0.14 Acres
$1,720,000
157 S Laurel Street
Ventura, CA, 93001
Rare Downtown Ventura property with ocean views by the beach!.

Two recently upgraded houses and attached garage. One building is set up as a duplex and is a classic craftsman style house with hardwood floors and built in cabinets and detailed moldings. The other house is is a newer mediterranean style house with ocean views from the second and 3rd floor deck. Many value added possibilities with this property! In the garage you can easily make an ADU to have a total of four rentable units. This area is becoming the IN location as you can walk to the beach &#38' pier and downtown breweries/restaurants/theaters.

Unique Craftsman style units built in the 1920’s in beautiful Downtown Ventura
1 Mediterranean unit built in 2008 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, ADU’s, build many stories up apartment
Excellent Unit Mix (1)- 1bed/1bath, (1)- 2bed/2bath, (1)- 2bed/1bath
1 car Enclosed parking garage
Tenants pay all utilities and trash
Development potential
Can be sold together with property in back at 967-963 East Thompson Blvd.
Current Cap rate is 5.06%
Current GRM is 17.5

Property Details

Price:
$1,720,000
MLS #:
SW24168603
Status:
Active
Baths:
0
Address:
157 S Laurel Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
vc24californiasttomillsrd
City:
Ventura
Listed Date:
Aug 19, 2024
State:
CA
ZIP:
93001
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
2008

Schools

Interior

Appliances
Free- Standing Range, Disposal, Gas Water Heater
Fireplace Features
Living Room
Flooring
Carpet, Tile, Wood
Heating
Floor Furnace
Interior Features
Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Open Floorplan, Pantry, Storage
Window Features
Bay Window(s), Double Pane Windows, Low Emissivity Windows, Screens, Wood Frames

Exterior

Community Features
Biking, Curbs, Dog Park, Preserve/ Public Land, Sidewalks, Street Lights, Urban
Fencing
Cross Fenced, Good Condition, Privacy, Security, Wood
Foundation Details
Concrete Perimeter, Pillar/ Post/ Pier, Seismic Tie Down, Slab
Garage Spaces
1.00
Lot Features
0-1 Unit/ Acre, Back Yard, Front Yard, Level with Street, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Treed Lot, Utilities – Overhead, Walkstreet, Yard
Parking Features
Covered, Garage Faces Front, Guest, Private, Uncovered
Parking Spots
7.00
Pool Features
None
Roof
Asbestos Shingle, Rolled/ Hot Mop
Security Features
Carbon Monoxide Detector(s), Fire Rated Drywall, Fire Sprinkler System, Security Lights, Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
City Lights, Coastline, Landmark, Mountain(s), Ocean, Panoramic, Pier, Water, White Water
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities, Trash Collection
Utilities
Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
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James

James

Co-Owner/ Broker/ Realtor®

Default 805 748-2262
Work Phone 805 481-3939

Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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broker reciprocity Courtesy of Listed Simply. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
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