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153 S South Laurel St
For Sale $1,495,000
$1,495,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,000 Sq Ft
Description
Rare Ocean View Investment in Downtown VenturaJust steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views. The classic 1920s Craftsman duplex showcases vintage charm with modern touches, while the newer Mediterranean-style home offers sweeping views from its upper-level decks.With a versatile layout and value-add potential--including ADU conversion and short-term rental possibilities--this property could offer up to four rentable units. Enjoy a walkable lifestyle near the beach, pier, dining, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.Highlights: Ocean views & walk-to-beach location Craftsman duplex + 2008 Mediterranean home Flexible unit mix: (1) 1 bed/1 bath, (1) 2 bed/1 bath, (1) 2 bed/2 bath Courtyard-style layout with attached garage Tenants cover utilities & trash Development potential & ADU-ready garage Option to purchase neighboring property at 967-963 E Thompson BlvdCurrent Cap rate is 6.44%Current GRM is 13.5Back tenants plan to leave, rents can be pushed up closer to $4,250 increasing the cap rate to 6.62% with a GRM of 13.19 at current price. Seller is willing to put new tenants in place, projected rents with new back tenant in place $9,445.Don't miss this unique investment in one of Ventura's most desirable coastal communities!157 Laurel 1302 sqft2 bed 2 bath155 Laurel493.25 sqft1 bed 1 bath153 Laurel 1118.5 sqft2 bed 1 bath
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,495,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 1 spots |
| Year Built | 2009 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 0730143270 |
| MLS # | V129266 |
| Property ID | 321746874 |
| Lot Sqft | 6,000 |
| Zoning | Unknown |
| Days on Market | 252 |
| Original List Price | $1,495,000 |
| Date Updated | July 01, 2025 |
| Date Created | April 10, 2025 |
Listing Provided By
Jordan Farris an agent of LIV Sotheby's International. Lic #02141634
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of July 01, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT