153 S Laurel Street

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Source: California Regional MLS

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V211501712

Ocean Views With Capitalization Rate of 6.8% and a GRM of 12.80! *** Downtown Ventura Triplex with convenient access to beach and downtown Ventura *** Classic 1920s Craftsman duplex showcase of character boasts a significant part of the heritage and charm of coastal Ventura, with modern touches. *** Newer 2 bedroom 2 bath Mediterranean-style home with attached garage 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 potential of ADU conversion. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood. unit mix: (1) 1 bed/1 bath rent = $2040 (30 days after buyer releases contingencies), (1) 2 bed/1 bath- rent=$3155 (30 days after buyer releases contingencies) , (1) 2 bed/2 bath- vacant - proforma rent= $4250 ** 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 ***Potential property tax savings with Mills Act **

Property Information

Property Details

Location

Address

153 S Laurel Street

County

Ventura

City

Ventura

Zip Code

93001

Subdivision

Ventura: Other

Interior Features

Other Rooms

Laundry Features

Washer Hookup, Inside

Building

Building Information

Square Feet

3,214

Year Built

1920

Stories

Construction

Asphalt, Drywall, Plaster, Stucco, Wood Siding

Foundation

Pillar/Post/Pier, Slab

Roof

Rolled/Hot Mop, Shingle

Financial

Special Conditions

Standard

153 S Laurel Street, Ventura, CA 93001

Market Report for 93001