16
See all 16 photos
$4,400,000
Est. payment /mo
20 Beds
12 Baths
7,905 SqFt
New
100 E Center ST Ventura, CA 93001
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Key Details
Property 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
HOA Y/N No
Year Built 1964
Lot Size 0.330 Acres
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 Vc21 - West Of California To City Limits
Zoning R-3-5
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Range, Refrigerator
Laundry Common Area
Exterior
Parking Features Assigned, Garage, Uncovered
Garage Spaces 9.0
Garage Description 9.0
Total Parking Spaces 16
Building
Story 2
Entry Level Two
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0710111060
Special Listing Condition Standard
Listed by Zachary Freehling • Keller Williams Beverly Hills