Description
Amazing cash-flow investment in prime Midtown Ventura, just 10 minutes to the beach! Updated duplex plus 2 NEW units on a large lot. Front unit 1BD/1BA and rear unit 2BD/1BA, both currently rented. Two new (2022 built) back units each feature 2BD/2BA, private yards, and in-unit washer/dryer with appliances. Strong total rental income.2-car garage with laundry, approved permit for Jr ADU, and spacious driveway parking for up to 5 cars. New electrical panels, separate electric and water meters, updated plumbing, new fencing, and drought-tolerant landscaping. Close to shopping, schools, hospitals, mall, dining, and easy 101 access. Turn-key with strong income and future upside. Don’t miss this opportunity.(Photos were taken by the seller before tenants move in).
Property Id: 210866
Price: $ 2,500,000
Property Lot Size: 0.26 ft2
Architectural Style: Traditional
Building Area Total: 3004
Co-List Agent AOR: VenturaCoastal
Co-List Agent Phone: (805) 630-7979
Co-List Agent Email: jessegomez805@gmail.com
Co-List Agent: Jesse Gomez
Co-List Agent MLS ID: V159090235
Common Wall: OneCommonWall,NoOneAbove
Community Features: Curbs,Sidewalks
Construction Materials: Drywall,Stucco,VinylSiding
Contract Status Change Date: 2026-02-04
Cumilative Days on Market: 5
Days on Market: 5
Directions: From US-101 N, Take exit to 66B for US-101 Business, Use the right 2 lanes to turn slightly right onto the Main St. ramp to South Mills Rd., Use the right lane to turn right onto S Mills Rd., Turn right onto Dean Dr.. Turn left onto College
Documents Count: 1
Electric: ElectricityOnProperty,Standard
Fencing: Wood
Flooring: Laminate
Foundation Details: Raised
Garage Spaces: 2
Garden Expense: 900
Gross Income: 121800
Gross Scheduled Income: 10150
Heating: Central
Inclusions: All units: Refrigerator, stove, microwave. No dishwasher in ADUsUnit 65: Washer and dryer in garageUnit 73: Washer and dryer are included. Unit 71: Washer and dryer included.
Insurance Expense: 2200
Laundry Features: WasherHookup,GasDryerHookup,Inside,InGarage
Levels: One
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 800-7337
List Agent Email: erahevarealty@gmail.com
List Agent Name: Erah Eva
List Agent MLS ID: VC211513600
List office AOR: VenturaCoastal
List office MLS ID: VC75263
List office Phone: (805) 222-6000
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2026-02-04
Listing ID: V1-34468
Listing Service: FullService
Listing Terms: Cash,CashToNewLoan,Conventional,Exchange1031
Lot Features: FrontYard,Lawn,Landscaped,SprinklersNone
Lot Size Area: 11325
Lot Size Source: Assessor
Lot Size Square Feet: 11325
Lot Size Units: SquareFeet
MLS Status: Active
Number of Buildings: 3
Number of Seperate Gas Meters: 4
Number of Seperate Water Meters: 4
On Market Date: 2026-02-04
Original List Price: 2500000
Parcel Number: 0790020060
Parking Features: DoorSingle,Driveway,Garage,Public,OnStreet
Parking Total: 5
Photos Count: 33
Possession: CloseOfEscrow
Postal City: VENTURA
Property Condition: UpdatedRemodeled,Turnkey
Road Frontage Type: CityStreet
Road Surface Type: Paved
Roof: Composition
Security Features: CarbonMonoxideDetectors,SmokeDetectors
Sewer: PublicSewer
State or Province: CA
Stories: 1
Street Name: College
Street Number: 65 ,67,71,
Street Suffix: Drive
Tenant Pays: CableTv,Electricity,Gas
Trash Expense: 570
Utilities: CableAvailable,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Water Sewer Expense: 1800
Water Source: Public
Window Features: Screens
Year Built: 1954
Other Features
Cooling
Dryer
Fireplace
GasOven
GasRange
GasWaterHeater
Has Garage
Has Heating System
Land Lease
Lighting
Microwave
New Construction
Private Pool
Property Attached
RainGutters
Refrigerator
Rent Control 1
Senior Community
Spa
View
Washer
WaterHeater
$ 14,595.18
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 11,991.01
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