Description
Well-located five-unit income property in desirable West Ventura. The property features a versatile unit mix consisting of a detached single-family residence and two duplexes. The configuration includes one spacious 3-bedroom, 2-bath unit and four 1-bedroom, 1-bath units, offering strong rental appeal and diversified income potential. Convenient location near downtown Ventura, shopping, dining and coastal amenities. An excellent opportunity for investors seeking a stable asset in a high-demand rental market.
Property Id: 194149
Price: $ 1,395,000
Property Lot Size: 0.13 ft2
Building Area Total: 2416
Co-List Agent AOR: VenturaCoastal
Co-List Agent Phone: (805) 415-9007
Co-List Agent Email: marlaremedios3595@gmail.com
Co-List Agent: Marla Remedios
Co-List Agent MLS ID: V211511681
Common Wall: NoCommonWalls
Community Features: Hiking,Park,Sidewalks
Contract Status Change Date: 2026-01-12
Direction Faces: Southwest
Directions: Poli to Cedar. Property is located on the cornere of Center and Cedar.
Garage Spaces: 1
Gross Income: 106560
Gross Scheduled Income: 106560
Heating: WallFurnace
Insurance Expense: 6000
Levels: One
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 340-0922
List Agent Email: dremedios@remax.net
List Agent Name: David Remedios
List Agent MLS ID: V211501727
List office AOR: VenturaCoastal
List office Email: msipes@remax.net
List office MLS ID: V1055
List office Phone: (805) 339-3500
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2026-01-12
Listing ID: V1-34092
Listing Service: FullService
Listing Terms: Cash,CashToNewLoan
Lot Features: SprinklersNone
Lot Size Area: 5662
Lot Size Source: Assessor
Lot Size Square Feet: 5662
Lot Size Units: SquareFeet
MLS Area Major: VTU - Ventura
MLS Status: Active
Number of Buildings: 3
Number of Seperate Electric Meters: 5
Number of Seperate Gas Meters: 5
Number of Seperate Water Meters: 1
Number of Units Leased: 5
Number of Units Total: 5
On Market Date: 2026-01-14
Original List Price: 1395000
Parcel Number: 0710072170
Parking Features: SharedDriveway,OnStreet
Parking Total: 3
Photos Count: 16
Possession: CloseOfEscrow
Postal City: VENTURA
Professional Management Expense: 5953
Sewer: PublicSewer
State or Province: CA
Stories: 1
Stories Total: 1
Street Name: Cedar
Street Number: 531
Street Suffix: Street
Tax Book: C
Total Actual Rent: 8880
Trash Expense: 3237
Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Water Sewer Expense: 6221
Water Source: Public
Year Built: 1930
Other Features
Cooling
Fireplace
FreeStandingRange
Has Garage
Has Heating System
Land Lease
New Construction
Private Pool
Property Attached
Rent Control 1
Senior Community
Spa
View
,
$ 8,144.11
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 6,690.98
Mon
16
Feb
Tue
17
Feb
Wed
18
Feb
Thu
19
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Fri
20
Feb
Sat
21
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Sun
22
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Mon
23
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24
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25
Feb
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