Millman Team Real Estate

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28
$1,529,000
0.14 Acre Lot

157 153-155 S Laurel Street, Ventura, California 93001

map-entry
  • Residential Income Property Type
  • Garage Faces Front Cars Garage
  • 2008 Year Built
Property Description

Rare Downtown Ventura property with ocean views by the beach!.

Just steps from the beach, this exceptional Downtown Ventura property features two updated homes with stunning ocean views.

The classic 1920s Craftsman duplex showcase of character boasts a significant part of the heritage and charm of coastal Ventura, with modern touches. The newer 2013 Mediterranean-style home offers sweeping ocean and mountain views from its master bedroom and its upper-level deck. All units offer granite countertops, new tile and wood flooring and tiled bathrooms throughout.

With a versatile layout and value-add potential–including ADU conversion and short-term Airbnb rental possibilities–this property could offer up to four rentable units. Enjoy a lifestyle of walkable to the beach, pier, dining, theaters, hikes, and more. Surrounded by luxury developments, this is a prime opportunity in a thriving neighborhood.

Highlights:

Ocean views & walk-to-beach location

Classic Ventura Craftsman duplex

2013 built 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

7 additional off street parking spots on the property

Tenants cover utilities & trash

1 Separate Water Meter, 2 Separate Gas Meters, 2 Separate Electric Meters

Mills Act available for very low property taxes

Development potential & ADU-ready garage

Short-term rental potential as the house 2 doors down is successful Airbnb

Option to purchase bordering property at 967-963 E Thompson Blvd

Lot Size: 6000 square feet

Cap rate is 6.47% GRM is 13.5

Basic Details
Residential Income
For Sale
SW25183148
$1,529,000
City Lights,Coastline,Landmark,Mountain(s),Ocean,Panoramic,Pier,Water
2008
0.14 Acre
Active
1
Triplex
: Rolled/Hot Mop, Asbestos Shingle
Features
: None
: Central, Wall Furnace, Fireplace(s), Floor Furnace
: Wood, Privacy, Good Condition, Security, Cross Fenced
: Living Room
: Garage Faces Front, Guest, Private, Covered, Assigned, Uncovered
: Mediterranean, Craftsman
: Carpet, Tile, Wood
: Bedroom on Main Level, Main Level Primary, Walk-In Closet(s), Ceiling Fan(s), Granite Counters, Open Floorplan, Balcony, Built-in Features, Attic, Storage, Pantry, Tile Counters
: Inside, Washer Hookup
: Public Sewer
: Electricity Connected, Natural Gas Connected, Water Connected, Cable Available, Sewer Available, Phone Available, Underground Utilities, Overhead Utilities
: Across the Road from Lake/Ocean
: Double Pane Windows, Bay Window(s), Screens, Wood Frames, Low-Emissivity Windows
$0
Appliances
: Free-Standing Range, Disposal, Gas Water Heater, Refrigerator
Address Map
CA
Ventura
Ventura
Downtown Ventura
93001
Laurel
157 153-155
Street
Between Santa Clara Street and Front Street
VC24 - California St. to Mills Rd
S
DR
Additional Information
$0
$0
$0
$0
$0
3214
: Park, Sidewalks, Street Lights, Curbs, Biking, Urban, Dog Park, Preserve/Public Land
: Drywall, Frame, Glass, Plaster, Stucco, Wood Siding, Asphalt
1
: Concrete Perimeter, Slab, Pillar/Post/Pier, Tie Down
1.0
: One, Three Or More, Multi/Split
: 0-1 Unit/Acre, Back Yard, Front Yard, Sprinkler System, Yard, Near Park, Walkstreet, Sprinklers Timer, Near Public Transit, Street Level, Sprinklers In Front, Trees
3
2025-08-13
1
2
: Public
Broker/Agent Information
Listed Simply
Sinan Zakaria
Listing Information
SWZAKASIN
SWLS01
Cash,Conventional,Cal Vet Loan,FHA,Owner May Carry,VA Loan
Active
2025-08-30T21:39:42Z
CRMLS
: Standard
2025-08-13T17:17:37Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069