Ocean View Craftsman + Two Permitted Income Units | $10,000+ Established Monthly Income Rare three-unit property just one block from Historic Downtown Ventura, offering a unique combination of charm, location, and income potential. The property features three legal units, each with its own address and private entrance. The two lower units have generated more than $5,000 per month in rental income, while the main house rents for over $5,000 per month, creating the opportunity for well over $10,000 per month in gross rental income. Unlike many income properties, this offering provides three independent, renovated, and permitted units, making it an ideal opportunity for investors seeking strong cash flow, owner-occupants looking to offset housing costs, or those seeking flexible living arrangements. At the heart of the property is a beautifully preserved 3-bedroom Craftsman home featuring original woodwork, classic architectural details, modern kitchen and bathroom updates, and ocean and Channel Islands views from the living and dining areas as well as the primary bedroom balcony. A rare private yard with a mature producing avocado tree, inviting front porch, and a 2-car garage further enhance the property's appeal. Located just one block from Ventura's vibrant Historic Downtown and a short walk to the beach, the property offers easy access to restaurants, shops, farmers markets, festivals, the Ventura Botanical Gardens, and Ventura's renowned pedestrian-friendly Main Street. Combining historic character, modern updates, ocean views, walkability, and exceptional income potential, this is a truly rare opportunity in one of Ventura's most sought-after neighborhoods.
Bedrooms
5
Bathrooms
4
Square Feet
2,749
Lot Size
3,920 sqft
Year Built
1920
Property Type
Triplex
Days on Market
0
HOA Fee
N/A
Garage Total
2
MLS #
SR26167094
Interior Features
Wet Bar, Breakfast Bar, Balcony, Breakfast Area, Crown Molding, Separate Formal Dining Room, Furnished, High Ceilings, Open Floorplan, Partially Furnished, Main Level Primary
Flooring
Vinyl
Fireplace
Living Room, Wood Burning
Appliances
Built In Range, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Dryer, Washer
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks, Stacked
Main Level Bedrooms
3
Main Level Bathrooms
2
Cooling
Whole House Fan
Heating
Central, Forced Air, Fireplaces, Natural Gas
Total Parking Spaces
2
Garage Spaces
2
Parking Features
Garage, Garage Door Opener, On Street
Patio & Porch
Covered, Front Porch, Patio, Wood
Fencing
Wood
Security
Prewired, Fire Detection System, Smoke Detectors
Construction
Wood Siding
Foundation
Concrete Perimeter
Roof
Composition, Shingle
Lot Features
Drip Irrigation Bubblers, Front Yard, Near Park
Sewer
Public Sewer
Water Source
Public
Biking, Curbs, Foothills, Hiking, Mountainous, Rural, Storm Drains, Street Lights, Sidewalks, Water Sports, Park
$0
| Rating | School Name |
|---|---|
3 | Lincoln Elementary Elementary School |
N/A | GOLDENWEST MONTESSORI SCHOOLS Private School |
N/A | HOLY CROSS SCHOOL @ SAN BUENAVENTURA MISSION Private School |
8 | Cabrillo Middle Middle School |
N/A | VENTURA COUNTY CHRISTIAN SCHOOL Private School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features