For Sale
1033 E Santa Clara St, Ventura, CA, 93001
Investment at a glance
Annual Revenue
$171K
Gross Yield
8.7%
Occupancy
51%
Cap Rate
5.2%
Fabulous 4-unit building in the heart of downtown Ventura. This two-story, wood-frame property was originally built in 1910 and extensively renovated in 2025. Designed in the Victorian style by architect F. W. Whitton, it offers classic charm with modern updates in one of Ventura’s most desirable coastal locations. Ideally situated just ½ mile from the beach and one block from vibrant Main Street, the property provides easy access to a wide array of shopping and dining options. It boasts a Walk Score of 91 (“Walker’s Paradise”) and a Bike Score of 77 (“Very Bikeable”) and is approximately a 20-minute walk to the Metrolink station. The building spans approximately 2,898 square feet on an 8,400 square foot lot and features a mix of one- and two-bedroom units, all of which have been completely renovated in 2025. Amenities include a two-car garage, two-car carport with additional off-street parking, on-site laundry, secured entry, and patio/yard space. Residents enjoy close proximity to numerous parks, the beach, the Ventura County Fairgrounds, the Ventura Pier, and scenic hiking trails. This property offers excellent upside potential, including the possibility for short-term rental income (Airbnb) and the opportunity to add accessory dwelling units (ADUs), subject to local regulations. An exceptional investment opportunity in a premier beach community with strong long-term growth potential. Notably, as a four-unit property, it may qualify for residential financing, including a 30-year fixed-rate loan—helping mitigate interest rate volatility and enhance long-term returns.
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