Property Description

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.

Property Features

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