100 E Center Street Active Save Request In-Person Tour Request Virtual Tour
Ventura,CA 93001
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,905 sqft
Price per Sqft $547
MLS Listing ID CL25544805
HOA Y/N No
Year Built 1964
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Other
Property Description
100 E Center St presents a compelling value-add opportunity with the potential to build approximately three ADUs by right, enhancing both income and long-term value. The property consists of 12 renovated apartment units featuring a strong unit mix of nine 2-bed/1-bath units, two 1-bed/1-bath units, and one studio. The building has undergone significant capital improvements, including a fully re-piped water system, a newer roof, and recently installed vinyl retrofit windows. Offering large units and a total building size of approximately 7,905 square feet, the courtyard-style layout includes approximately 16 parking spaces and onsite laundry facilities. Situated just one mile from Downtown Ventura and 2.5 miles from the beach, the property is located in the historic Ventura Avenue district, surrounded by ongoing development projects. With Ventura facing a critical shortage of workforce housing and most new developments catering to the luxury market at premium rents, this property stands out as a rare opportunity in a high-demand rental market.
Location
State CA
County Ventura
Zoning R-3-
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Laundry Common Area
Building
New Construction No
Others
Tax ID 0710111060