732 Poli Street, Ventura, CA 93001

$1,995,000
5
BD
4
BA
2,749
SqFt

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List Price
$1,995,000
Status
ACTIVE
MLS#
SR26167094
Year Built
1920
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,749
Lot Size
3,920
Acres
0.09
Lot Location
Drip Irrigation/Bubblers, Front Yard, Near Park
Days on Market
0
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Triplex
Stories
Two Levels

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.

Additional Information

Appliances
Built-In Range, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Dryer, Washer
Pool Description
None
Fireplace Description
Living Room, Wood Burning
Heat
Central, Forced Air, Fireplace(s), Natural Gas
Cooling
Yes
Cooling Description
Whole House Fan
View
City Lights, Coastline, Hills, Landmark, Ocean
Exterior Construction
Wood Siding
Patio
Covered, Front Porch, Patio, Wood
Roof
Composition, Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Ventura Unified
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
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Simon Mills (Simon@MillsRealty.com) from Listing Office: Mills Realty of California.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.