Downtown Ventura 3-Unit Investment with ADU PotentialIncome opportunity with a single-family home at 809 Front St and a duplex on Ash Street. Projected Gross Annual Income: $108,000 ($9,000/month). Estimated Cap Rate: 2.77% (taxes at 1.25% of sales price, insurance, vacancy, maintenance, gardener). Detailed operating expenses available upon request.Projected rents: 809 Front $3,200; 278 Ash $3,000; 274 Ash $2,800. All units have separate electric and gas meters, washer/dryer hookups, and low-maintenance yards. Tenants pay gas, electric, water, and trash; seller does not pay utilities. 274 & 278 Ash share water/trash service.Previous owner submitted plans for an ADU; permit fee was not paid and plans have expired. Lot north of the duplex offers additional ADU or expansion potential (buyer to verify).Recent city improvements to the pedestrian bridge and parking area provide a well-lit connection from Front Street to the Pier, beach, promenade, and surrounding restaurants, enhancing foot traffic and access.Prime coastal and Downtown location, rare three-unit income property with ADU/expansion upside.Buyers to independently investigate development potential, zoning, parking, and approvals. All information deemed reliable but not guaranteed.
Property Type(s):
Residential Income
|
Last Updated
|
2/20/2026
|
Tract
|
Ventura: Other - 0024
|
|
Year Built
|
1900
|
County
|
Ventura
|
Additional Details
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Gas Range, Refrigerator |
| HEAT |
See Remarks |
| LOT |
7405 sq ft |
| LOT DESCRIPTION |
Corner Lot |
| LOT DIMENSIONS |
7405 |
| PARKING |
On Street |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
Ventura: Other - 0024 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Bridge(s), Ocean, Water |
| WATER |
Public |
Location
Listed with Keller Williams West Ventura C
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email