132 W Ramona Street, Ventura, ResidentialIncome

$ 2,245,000

Overview

  • Updated On:
  • August 7, 2025
  • Property ID
  • 29164
  • 0.16 ft2
  • 10 Bedrooms
  • 6 Bathrooms
  • 3,982.00 ft2

Description

This charming six-unit property consists of four bungalow-style units and two brand-new, fully permitted ADUs constructed in 2025. The unit mix includes four 1-bedroom/1-bath and two 3-bedroom/1-bath homes, with two units offering private yards. Three of the original bungalows have been extensively renovated with new flooring, fixtures, appliances, custom-tiled bathrooms, modern vanities, and fresh landscaping. Located in the historic Ventura Avenue district just one mile from Downtown Ventura and 2.5 miles from the beach, the property is surrounded by ongoing development and benefits from strong rental demand. Ventura faces a severe shortage of workforce housing, while most new supply targets luxury renters at premium pricing.

Address: 132 W Ramona Street
City:
State/County:
Zip: 93001
Country: US

Property Id: 29164
Price: $ 2,245,000
Property Size: 3,982.00 ft2
Property Lot Size: 0.16 ft2
Bedrooms: 10
Bathrooms: 6
Building Area Total: 3982
Common Wall: NoCommonWalls
Contract Status Change Date: 2025-06-09
Days on Market: 38
Directions: Located on Ramona St, east of Olive St.
Gross Income: 187944
Heating: WallFurnace
Levels: One,Two
List Agent AOR: BeverlyHillsGreaterLa
List Agent Direct Phone: 310-592-0833
List Agent Email: zac@pacificpartnersla.com
List Agent Name: Zachary Freehling
List Agent MLS ID: CLW-C112686
List office AOR: BeverlyHillsGreaterLa
List office MLS ID: CLW-X74054
List office Phone: 310-432-6400
Listing Agreement: SellerReserved
Listing Contract Date: 2025-06-09
Listing ID: 25549003
Listing Service: FullService
Living Area Source: Plans
Lot Size Area: 6868
Lot Size Source: Assessor
Lot Size Square Feet: 6868
Lot Size Units: SquareFeet
MLS Area Major: VC21 - West of California to City Limits
Major Change Type: PriceChange
MLS Status: Active
Net Operating Income: 129643
Number of Buildings: 5
Number of Units Total: 6
On Market Date: 2025-06-09
Original List Price: 2350000
Parcel Number: 0710061400
Parking Features: Uncovered
Photos Count: 23
Postal Code Plus 4: 1644
Previous List Price: 2295000
Property Condition: UpdatedRemodeled
Security Features: FireSprinklerSystem
State or Province: CA
Stories: 1
Stories Total: 2
Street Dir Prefix: W
Street Name: Ramona
Street Number: 132
Street Suffix: Street
Year Built: 1925
Zoning: R35

Other Features
Association
CeilingFans
Has Heating System
New Construction
Refrigerator
Senior Community

$ 13,106.47
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 10,767.93

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