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176 W Ramona Street, San Buenaventura Ventura, CA 93001

San Buenaventura Ventura
Local realty services provided by:CENTURY 21 Jordan-Link
176 W Ramona Street,Ventura, CA 93001
$5,090,000
  • 32 Beds
  • 16 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zachary freehling
Office: keller williams beverly hills
MLS#:26670433
Source:CRMLS

Price summary

  • Price:$5,090,000

About this home

This value-add investment opportunity offers the potential to build approximately four additional ADUs by right on a spacious 22,214 sq. ft. lot, providing significant future upside. The property consists entirely of two-bedroom, one-bathroom units, with 8 of the 16 units already completely gut renovated featuring new kitchens and bathrooms, updated flooring, recessed lighting, modern fixtures, and stainless steel appliances. The asset is spread across three separate structures and includes on-site laundry as well as a landscaped outdoor area for tenants to enjoy. Ideally located approximately one mile from Downtown Ventura and just 2.5 miles from the beach, the property sits in the historic Ventura Avenue district and is surrounded by several pending development projects. Ventura is currently experiencing a severe shortage of workforce housing and competing rental inventory, while most new developments in the area are luxury-oriented and command premium rents. The property is subject...

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Home facts

  • Year built:1974
  • Listing ID #:26670433
  • Added:1 day(s) ago
  • Updated:March 28, 2026 at 10:34 AM

Rooms and interior

  • Bedrooms:32
  • Total bathrooms:16
  • Kitchen Description:Refrigerator

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1974
  • Lot area:0.51 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,090,000

Parking

  • Total parking spaces:16
  • Parking description:Covered, Uncovered
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