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100 E Center St, Ventura, CA 93001

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For Sale

$4,325,000

20 beds7,905 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $547.12
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 25544805

Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

(310) 432-6400

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range
  • Architecture Style
    Other
  • Floor Covering
    Laminate
  • Lot Size
    0.33 Acres

Map and Directions

Directions to 100 E Center St, Ventura, CA 93001
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