100 Center Street, Ventura, CA 93001
  • MLS#: 25544805 ( )
  • Street Address: 100 Center Street
  • Viewed: 2
  • Price: $4,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 57
  • Additional Information
  • County: VENTURA
  • City: Ventura
  • Zipcode: 93001
  • Provided by: Keller Williams Beverly Hills
  • Contact: Zachary Zachary
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Refrigerator
  2. Range
Building Area Total
  1. 7905.00
Cooling
  1. None
Country
  1. US
Fireplace Features
  1. None
Flooring
  1. Laminate
Garage Spaces
  1. 9.00
Heating
  1. Wall Furnace
Laundry Features
  1. Community
Levels
  1. Two
Netoperatingincome
  1. 239001.00
Parcel Number
  1. 0710111060
Parking Features
  1. Garage
  2. Assigned
  3. Uncovered
Postalcodeplus4
  1. 1956
Sourcesystemkey
  1. 25544805:CLAW
Totalexpenses
  1. 113656.00
Water Source
  1. Public
Window Features
  1. Blinds
Year Built
  1. 1964
Zoning
  1. R-3-5