157 153-155 S Laurel Street, San Buenaventura Ventura, CA 93001
Local realty services provided by:CENTURY 21 Classic Estates
157 153-155 S Laurel Street,Ventura, CA 93001
$1,329,000
- - Beds
- - Baths
- 3,214 sq. ft.
- Multi-family
- Active
Listed by: sinan zakaria
Office: listed simply800-995-5879
MLS#:SW26098185
Source:CRMLS
Price summary
- Price:$1,329,000
- Price per sq. ft.:$413.5
About this home
Rare Downtown Ventura property with ocean views by the beach!.
Just steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views.
Capitalization Rate: 6.64 %!
Priced to sell! AS-IS no owner credits.
The classic 1920s Craftsman duplex showcase of character boasts a significant part of the heritage and charm of coastal Ventura, with modern touches. The newer 2013 Mediterranean-style home 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--including ADU conversion and short-term Airbnb rental possibilities--this property could offer up to four rentable units. Enjoy a lifestyle of walkable to the beach, pier, dining, theaters, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.
Highlights:
Ocean views & walk-to-beach location
Classic Ventura Craftsman duplex
2013 built Mediterranean home
Flexible unit mix: (1) 1 bed/1 bath, (1) 2 bed/1 bath, (1) 2 bed/2 bath
Courtyard-style layout with attached garage
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
Property is a Mills Act available if buyer wants it, for very low property taxes of significant savings for owners reducing taxes by 20% to 70% for very low property taxes
Development potential & ADU-ready garage
Short-term rental potential as the house 2 doors down is successful Airbnb
Buyers’ Sale proceeds money to go to charity UCLA Health medical center
Back Mediterranean 2+2 house is vacant and ready to show anytime
Lot Size: 6000 square feet
157 Unit Rent 3400
155 Unit Rent 2025
153 Unit Rent 3132
Cap rate is 6.64% GRM is 12.94...
Contact an agent
Home facts
- Year built:2008
- Listing ID #:SW26098185
- Added:29 day(s) ago
- Updated:June 04, 2026 at 10:41 AM
Rooms and interior
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Disposal, Free Standing Range, Pantry, Refrigerator
- Living area:3,214 sq. ft.
Heating and cooling
- Heating:Central, Fireplaces, Floor Furnace, Wall Furnance
Structure and exterior
- Roof:Asbestos Shingle, Rolled Hot Mop
- Year built:2008
- Building area:3,214 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Back Yard, Front Yard, Near Park, Near Public Transit, Street Level, Trees, Walkstreet, Yard
- Architectural Style:Craftsman, Mediterranean
- Construction Materials:Asphalt, Drywall, Frame, Glass, Plaster, Stucco, Wood Siding
- Foundation Description:Concrete Perimenter, Pillar Post Pier, Slab, Tie Down
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,329,000
- Price per sq. ft.:$413.5
Features and amenities
- Appliances:Disposal, Free Standing Range
- Laundry features:Inside
- Amenities:Attic, Balcony, Carbon Monoxide (CO2) Detector, Ceiling Fans, Gas Water Heater, Granite Counters, Open Floor Plan, Storage, Tile Counters, Walk In Closets
Parking
- Total parking spaces:7
- Parking description:Assigned, Covered, Garage Faces Front, Guest, Private, Uncovered
- Garage:Yes
- Garage spaces:1
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