1033 E Santa Clara Street, Ventura, Residential Income

$ 1,950,000

Overview

  • Updated On:
  • August 28, 2026
  • Property ID
  • 884008
  • 0.19 ft2

Description

Fabulous 4-unit building in the heart of downtown Ventura. This two-story, wood-frame property was originally built in 1910 and extensively renovated in 2025. Designed in the Victorian style by architect F. W. Whitton, it offers classic charm with modern updates in one of Ventura’s most desirable coastal locations. Ideally situated just ½ mile from the beach and one block from vibrant Main Street, the property provides easy access to a wide array of shopping and dining options. It boasts a Walk Score of 91 (“Walker’s Paradise”) and a Bike Score of 77 (“Very Bikeable”) and is approximately a 20-minute walk to the Metrolink station. The building spans approximately 2,898 square feet on an 8,400 square foot lot and features a mix of one- and two-bedroom units, all of which have been completely renovated in 2025. Amenities include a two-car garage, two-car carport with additional off-street parking, on-site laundry, secured entry, and patio/yard space. Residents enjoy close proximity to numerous parks, the beach, the Ventura County Fairgrounds, the Ventura Pier, and scenic hiking trails. This property offers excellent upside potential, including the possibility for short-term rental income (Airbnb) and the opportunity to add accessory dwelling units (ADUs), subject to local regulations. An exceptional investment opportunity in a premier beach community with strong long-term growth potential. Notably, as a four-unit property, it may qualify for residential financing, including a 30-year fixed-rate loan—helping mitigate interest rate volatility and enhance long-term returns.

Address: Array
City:
State/County:
Zip: Array
Country: United States

Property Id: 884008
Price: $ 1,950,000
Property Lot Size: 0.19 ft2
Architectural Style: Victorian
Building Area Total: 2898
Building Area Units: Square Feet
Carport Spaces: 2
Common Wall: 1 Common Wall
Community Features: Sidewalks
Contract Status Change Date: 2026-05-05
Cumilative Days on Market: 57
Days on Market: 57
Directions: South of Main. East of Laurel
Disclosures: Historical
Electric Expense: 1396
Elevation Units: Feet
Entry Level: 1
Entry Location: front
Fencing: Chain Link
Flooring: Laminate
Foundation Details: Raised
Garage Spaces: 2
Gross Income: 123263
Gross Scheduled Income: 123263
Insurance Expense: 3225
Laundry Features: Common Area
Levels: Two
List Agent AOR: Southland
List Agent Direct Phone: 818-876-3188
List Agent Email: Phil.Sidenberg@gmail.com
List Agent Name: Phillip Sidenberg
List Agent MLS ID: F207062079
List office AOR: Southland
List office Email: kent@kentpalmer.com
List office MLS ID: F2435008
List office Phone: 805-222-6000
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2026-05-05
Listing ID: SR26097460
Listing Service: Full Service
Listing Terms: Cash to New Loan
Lot Features: 2-5 Units/Acre
Lot Size Area: 8276
Lot Size Source: Assessor
Lot Size Square Feet: 8276
Lot Size Units: Square Feet
MLS Area Major: VTU - Ventura
Major Change Type: Price Change
MLS Status: Active
Net Operating Income: 96354
New Tax Expense: 15667
Number of Buildings: 1
Number of Seperate Electric Meters: 4
Number of Seperate Gas Meters: 4
Number of Seperate Water Meters: 2
Number of Units Leased: 4
Number of Units Total: 4
On Market Date: 2026-05-07
Operating Expense: 23211
Original List Price: 2250000
Parcel Number: 0730058160
Parking Features: Attached Carport, Garage
Parking Total: 4
Photos Count: 19
Possession: Close Of Escrow
Postal City: VENTURA
Previous List Price: 2150000
Property Condition: Turnkey
Roof: Shingle
Sewer: Public Sewer
State or Province: CA
Stories: 2
Stories Total: 2
Street Dir Prefix: E
Street Name: Santa Clara
Street Number: 1033
Street Suffix: Street
Tax Annual Amount: 15667
Tax Book: 6
Tax Lot: 9
Tenant Pays: Electricity, Gas, Water
Trash Expense: 2923
Vacancy Allowance Rate: 3
Water Source: Public
Year Built: 1910

Other Features
Gas Cooktop
Has Carport
Has Garage
New Construction
Property Attached
Rain Gutters

$ 11,384.24
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 9,352.99

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