100 E Center St presents a compelling value-add opportunity with the potential to build approximately three ADUs by right, enhancing both income and long-term value. The property consists of 12 renovated apartment units featuring a strong unit mix of nine 2-bed/1-bath units, two 1-bed/1-bath units, and one studio. The building has undergone significant capital improvements, including a fully re-piped water system, a newer roof, and recently installed vinyl retrofit windows. Offering large units and a total building size of approximately 7,905 square feet, the courtyard-style layout includes approximately 16 parking spaces and onsite laundry facilities. Situated just one mile from Downtown Ventura and 2.5 miles from the beach, the property is located in the historic Ventura Avenue district, surrounded by ongoing development projects. With Ventura facing a critical shortage of workforce housing and most new developments catering to the luxury market at premium rents, this property stands out as a rare opportunity in a high-demand rental market.
Property Details
Price:
$4,400,000
MLS #:
25544805
Status:
Active
Baths:
0
Address:
100 E Center Street
Type:
Residential Income
Neighborhood:
vc21westofcaliforniatocitylimits
City:
Ventura
Listed Date:
May 28, 2025
State:
CA
ZIP:
93001
Lot Size:
14,374 sqft / 0.33 acres (approx)
Year Built:
1964
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Schools
Interior
Appliances
Refrigerator, Range
Cooling
None
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Window Features
Blinds
Exterior
Garage Spaces
9.00
Parking Features
Garage, Assigned, Uncovered
Parking Spots
16.00
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address100 E Center Street Ventura CA
- AreaVC21 – West of California to City Limits
- CityVentura
- CountyVentura
- Zip Code93001
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100 E Center Street
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