2474 Fernwood Drive, Ventura, ResidentialIncome

$ 1,450,000

Overview

  • Updated On:
  • February 27, 2026
  • Property ID
  • 224682
  • 0.23 ft2

Description

Discover this exceptional triplex situated on a large 10,018 sq. ft. lot with backyard views of the ocean. Nestled on a private desirable hillside cul-de-sac location offering peace and privacy. Enjoy the convenience of nearby shopping, diverse restaurants, VHS. Easy access to downtown and beaches make this an ideal location for homebuyers and tenants. This 2,035 sq ft. property features one 2+1 and two 1+1 units that have been nicely maintained and managed over the years. One unit has a dishwasher. Three car garage, that offers each unit its own single car garage. Plenty additional parking with possible potential of adding an additional separate unit, offering even more investment opportunities! Shared laundry room. New roof, fresh exterior paint, deck repair and termite work recently completed prior to listing. Most windows and HVAC forced air system in units were replaced. Each unit has separate gas and electric meters. Excellent opportunity for homebuyers looking to invest in a prime location with remarkable rental potential. Don’t miss out on this chance to own a versatile income -generating property in Ventura Hillside! Great Opportunity!

Address: 2474 Fernwood Drive
City:
State/County:
Zip: 93001
Country: United States

Property Id: 224682
Price: $ 1,450,000
Property Lot Size: 0.23 ft2
Building Area Total: 2035
Common Wall: TwoCommonWallsOrMore,OneCommonWall
Community Features: Biking,Curbs,Gutters
Contract Status Change Date: 2026-02-18
Cumilative Days on Market: 7
Curent Financing: Conventional
Days on Market: 7
Directions: Poli to Hall Canyon turn left on Sherwoood to Fernwood Drive. Triplex is on the left.
Electric Expense: 186
Garage Spaces: 3
Garden Expense: 1200
Gross Income: 81692
Gross Scheduled Income: 81792
Heating: ForcedAir
Inclusions: Washer and dryer located in laundry room
Insurance Expense: 2654
Laundry Features: CommonArea
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 302-2258
List Agent Email: sandydeiro@yahoo.com
List Agent Name: Sandy Deiro
List Agent MLS ID: V211507346
List office AOR: VenturaCoastal
List office MLS ID: VC613542
List office Phone: (805) 207-8111
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2026-02-18
Listing ID: V1-34776
Listing Service: FullService
Listing Terms: Cash,Conventional
Lot Features: SprinklersNone
Lot Size Area: 10018
Lot Size Source: Assessor
Lot Size Square Feet: 10018
Lot Size Units: SquareFeet
MLS Area Major: VC29 - Hillside above Poli St./ Foothill Rd
MLS Status: Active
Net Operating Income: 59563
Number of Buildings: 2
Number of Seperate Electric Meters: 3
Number of Seperate Gas Meters: 3
Number of Units Total: 3
On Market Date: 2026-02-20
Operating Expense: 22229
Original List Price: 1450000
Parcel Number: 0740201015
Parking Features: DoorMulti,Garage,OnSite,OffStreet
Parking Total: 3
Pest Control Expense: 350
Photos Count: 27
Possession: Negotiable
Postal City: VENTURA
Professional Management Expense: 6543
Sewer: PublicSewer
State or Province: CA
Stories Total: 1
Street Name: Fernwood
Street Number: 2474
Street Suffix: Drive
Tenant Pays: Electricity,Gas
Trash Expense: 458
View: Coastline
Water Sewer Expense: 1924
Water Source: Public
Year Built: 1959

Other Features
AllBedroomsDown
Cooling
Fireplace
GasOven
GasRange
Has a View
Has Garage
Has Heating System
Land Lease
New Construction
Private Pool
Property Attached
Rent Control 1
Senior Community
Spa

$ 8,465.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,954.79

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