100 E Center St Active

Ventura,CA 93001

$ 4400000

20 Beds

12 Baths

7905 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,905 sqft

Price per Sqft $556

MLS Listing ID 25544805

Bedrooms 20

Year Built 1964

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Multi-Family

Property Description

100 E Center St presents a compelling value-add opportunity with the potential to build approximately three ADUs by right, enhancing both income and long-term value. The property consists of 12 renovated apartment units featuring a strong unit mix of nine 2-bed/1-bath units, two 1-bed/1-bath units, and one studio. The building has undergone significant capital improvements, including a fully re-piped water system, a newer roof, and recently installed vinyl retrofit windows. Offering large units and a total building size of approximately 7,905 square feet, the courtyard-style layout includes approximately 16 parking spaces and onsite laundry facilities. Situated just one mile from Downtown Ventura and 2.5 miles from the beach, the property is located in the historic Ventura Avenue district, surrounded by ongoing development projects. With Ventura facing a critical shortage of workforce housing and most new developments catering to the luxury market at premium rents, this property stands out as a rare opportunity in a high-demand rental market.

Location

State CA

County Ventura

Area West Of California To City Limits

Zoning R-3-5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Laminate

Fireplaces Type None

Equipment Range/Oven, Refrigerator

Laundry Community

Exterior

Parking Features Garage, Assigned, Uncovered

Garage Spaces 16.0

Building

Lot Description Fenced

Story 2

Water District

Level or Stories Two

Others

Special Listing Condition Standard

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