Active
215 S Pacific AVE
VENTURA CA, 93001
$1,049,000
Active
4 Beds
Residential
Built in 1940
Offers due by noon on Thursday, May 2. Tremendous value add potential for an investor or contractor that is ready to put in the work. 3 standalone 1-story cottages on 7,500 SF R3-5 zoned lot including an occupied 2BD/1BA main residence, a vacant 2BD/1BA unit in fixer condition, a vacant studio with permits for remodel and a 3-car garage that has plans in place for an ADU conversion that would open up a fourth stream of rental income. The parcel spans from Pacific Ave to Hurst Ave offering potential for lot split. Located in midtown Ventura this property offers residents easy access to dining and shopping, parks, hiking trails, schools, 2 local hospitals plus boating and other ocean related recreation opportunities. With completed ADU unit and property full stabilized potential monthly rents over $10k/MO. The current price reflects the work and upside that can be achieved at this property. The combination of approved plans and vacant units allow for an excellent value add opportunity in a highly sought after neighborhood that will see long term appreciation. Cash offers only, 2 vacant units in need of signicant repairs.
V1-23164VC
MLSⓇ ID
April 24, 2024
Listed
April 29, 2024
Updated
Map
215 S Pacific AVE
VENTURA CA, 93001
Interior Features
Bedrooms
4
Appliances
Gas Dryer Hookup, None, Washer Hookup
Laundry Description
Gas Dryer Hookup, Washer Hookup
Fireplace
Yes
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.17 Acres
Architectual Style
Cottage
Other Property Details
Area Name
California St. to Mills Rd
Days on Market
5
Garage
Yes
Garage Spaces
3
Parking
Garage - 1 Car
Parking Total
3
View
No
View Description
None
County
Ventura
Pool
No
Pool Features
None
Listed by Nicholas Henry with Beachside Partners
Listing Contact: (805) 705-7311
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Approach Properties Premium Real Estate Services shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/29/2024