Listing Agent: Simon Mills      Broker/Office: Mills Realty of California
732 Poli Street Ventura CA 93001
$ 1,995,000
  5   |    2   |    2749 Sq Feet

Listing ID

#SR26167094

Status

Active

Property Type

Triplex

Property Style

Craftsman

County

Ventura

Year Built

1920

Days on website

3

Description
Ocean View Craftsman + Two Permitted Income Units | $10,000+ Established Monthly Income

Rare three-unit property just one block from Historic Downtown Ventura, offering a unique combination of charm, location, and income potential.

The property features three legal units, each with its own address and private entrance. The two lower units have generated more than $5,000 per month in rental income, while the main house rents for over $5,000 per month, creating the opportunity for well over $10,000 per month in gross rental income.

Unlike many income properties, this offering provides three independent, renovated, and permitted units, making it an ideal opportunity for investors seeking strong cash flow, owner-occupants looking to offset housing costs, or those seeking flexible living arrangements.

At the heart of the property is a beautifully preserved 3-bedroom Craftsman home featuring original woodwork, classic architectural details, modern kitchen and bathroom updates, and ocean and Channel Islands views from the living and dining areas as well as the primary bedroom balcony. A rare private yard with a mature producing avocado tree, inviting front porch, and a 2-car garage further enhance the property's appeal.

Located just one block from Ventura's vibrant Historic Downtown and a short walk to the beach, the property offers easy access to restaurants, shops, farmers markets, festivals, the Ventura Botanical Gardens, and Ventura's renowned pedestrian-friendly Main Street. Combining historic character, modern updates, ocean views, walkability, and exceptional income potential, this is a truly rare opportunity in one of Ventura's most sought-after neighborhoods.
Location
Financial Information
List Price:  $ 1995000
Property Features
Appliances:  Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Basement:  Finished
Community Features:  Biking, Curbs, Foothills, Hiking, Mountainous, Park, Rural, Sidewalks
Fencing:  Wood
Flooring:  Vinyl
Green Energy Efficient:  Appliances, Lighting, Thermostat
Heating:  Central
High School District:  Ventura Unified
Interior Features:  Balcony, Furnished
Laundry Features:  Inside, Stacked
Levels:  Two
Parking Features:  Garage
Patio And Porch Features:  Covered, Patio, Wood
Road Surface Type:  Paved
Roof:  Composition, Shingle
Security Features:  Prewired
Senior Community YN:  false
Structure Type:  Triplex
View:  Coastline, Hills, Landmark, Ocean
Water Source:  Public
Window Features:  Blinds
High School District:  Ventura Unified
Senior Community YN:  false
MLS Area Major:  VTU - Ventura
City:  Ventura
Listed By:   Simon Mills   Mills Realty of California 
CA Lic#