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157 153-155 S Laurel Street Ventura, CA $ 1,695,000
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$ 1,695,000 Get more info
157 153-155 S Laurel Street
$ 1,695,000
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Share Save

157 153-155 S Laurel Street

Ventura, CA, 93001
$ 1,695,000
Bedrooms5 Baths4.0 Sq 2,394

Monthly Estimate*

$ 10,151

Listed by Listed Simply
157 153-155 S Laurel Street, Ventura, CA 93001 - Image 1
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Multi-Family Home for sale in Ventura, CA

for $1,695,000 with 5 bedrooms and 4 full baths. This 2,394 square foot home was built in 2008 on a lot size of 0.1377.

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 & 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

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Multi-Family Active

Price

$ 1,695,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman,Mediterranean

Lot Size

0.1377

Year Built

2008

Town/City

Ventura

County/Region

Ventura

MLS | Web ID

SW24168603

Days on Market

32
Features
General
Interior Features BuiltinFeatures Balcony CeilingFans GraniteCounters OpenFloorplan Pantry Storage Attic BedroomonMainLevel WalkInClosets
Sewer PublicSewer
Heating FloorFurnace
Utilities CableAvailable ElectricityConnected SewerConnected UndergroundUtilities WaterConnected OverheadUtilities
Roof AsbestosShingle RolledHotMop
Appliances FreeStandingRange Disposal GasWaterHeater
Zoning DR
HOA 0.0
Garage Spaces 1.0
Architectural Style Craftsman Mediterranean
Pool Features None
Security Features CarbonMonoxideDetectors FireRatedDrywall FireSprinklerSystem SmokeDetectors SecurityLights
Construction Materials Asphalt Drywall Frame Glass Plaster Stucco WoodSiding
Year Built 2008
Tenant Pays AllUtilities TrashCollection
View CityLights Coastline Landmark Mountains Ocean Panoramic Pier Water
Stories 1
Levels One ThreeOrMore MultiSplit
Property SubType Triplex
Gross Income 95968.0
Waterfront Features AcrosstheRoadfromLakeOcean
Community Features Biking Curbs DogPark PreservePublicLand StreetLights Sidewalks Urban Park
County Ventura
Net Operating Income 66175.0
Operating Expense 7276.0
Insurance Expense 2072.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Subdivision Name Downtown Ventura
Garage Y/N Y
Other Structures SecondGarage Storage
Special Listing Conditions Standard
Status Active
Directions Between Santa Clara Street and Front Street
City Ventura
Disclosures Easements SellerDisclosure
Entry Location 1
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 6.0
NumberOfUnitsTotal 3
MLS Area VC24 - California St. to Mills Rd
Lot Size Units SquareFeet
Lot Size Square Feet 6000.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Terms Cash Conventional CalVetLoan Item1031Exchange FHA VALoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 15
Building Area Units SquareFeet
Standard Status Active
Year Built Source Owner
Tax Lot 4
Property Sub Type Additional Triplex
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Interior
Flooring Carpet Tile Wood
Fireplace Features LivingRoom
Total Stories 2
Common Walls Item1CommonWall EndUnit NoOneAbove NoOneBelow
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features BayWindows DoublePaneWindows LowEmissivityWindows Screens WoodFrames
Fireplace Y/N Y
Laundry Features WasherHookup Inside
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing CrossFenced GoodCondition Privacy Security Wood
Parking Features Covered GarageFacesFront Guest Private Uncovered
Lot Features Item01UnitAcre BackYard FrontYard SprinklersInFront NearPark SprinklersTimer SprinklerSystem StreetLevel Trees Walkstreet Yard
Water Source Public
Total Parking 7.0
Lot Size Area 6000.0
Foundation Details ConcretePerimeter PillarPostPier Slab TieDown
Number of Buildings 2
Spa N
Building Area Total 2394.0
Lot Size Acres 0.1377
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 157
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* Excluded Features
List By
Listed Simply

Broker

(800) 995-5879

Phone

Affordability Calculator

$10,151
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,151
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/5/2024$1,695,000 -1.45% Price Down
8/20/2024$1,720,000 Listed Price

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157 153-155 S Laurel Street, Ventura, CA, 93001 is a Multi-Family Home for sale at $1,695,000 with 2,394 sqft and a lot size of 0.1377. 157 153-155 S Laurel Street has 5 bedrooms, 4.0 baths, and was built in 2008. The property's zip code is 93001 which is in Ventura, CA

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