Property Description

NEW PRICE | Exceptional Pierpont Investment Opportunity! Now offered at $2,195,000, this extensively renovated coastal triplex presents a rare opportunity to acquire a turnkey income property with approximately $11,000 per month in potential gross rental income. Three separate residences, three garages, and an exceptional location just steps from the sand create a compelling opportunity for investors, 1031 exchange buyers, or an owner-user seeking income and long-term value in one of Ventura's most desirable beach communities.Perfectly positioned adjacent to the state park and moments from the beach, the property blends coastal living with thoughtful, extensive renovations. Each of the three residences features 1 bedroom and 1 bathroom, plus an expansive living room with a closet offering flexible use as additional sleeping space, a home office, or bonus area.Extensively renovated throughout, highlights include wood flooring, a newer roof, fresh interior and exterior paint, updated heating, contemporary garage doors, remodeled kitchens with quartz countertops, and beautifully updated bathrooms with refined modern finishes.Lush landscaping and an inviting hardscape patio create a private coastal retreat ideal for entertaining or simply enjoying Ventura's year-round ocean breezes.With strong rental potential, multiple income streams, and an exceptional Pierpont location, this property offers a compelling combination of lifestyle and investment value--ideal for a 1031 exchange, long-term investment, or owner-user seeking supplemental income.

Property Features