***SELLER CARRY OPTION AVAILABLE – PLEASE CONTACT AGENT FOR DETAILS***We are pleased to present 1124 Montauk Lane, a charming two-story beachside duplex located just steps to the sand in Ventura, CA. Built in 1964, the property consists of a two-bedroom/one-bathroom downstairs unit and a three-bedroom/two-bathroom upstairs unit. The upstairs unit features vaulted beamed ceilings with a spacious layout with plenty of natural lighting and two balconies with stunning ocean views. The downstairs unit features direct access to a large backyard area. The 2,101 sf building sits on a 3,611 sf lot.This property is excellent for an owner-user looking for a permanent residence or vacation home while using existing rental income to subsidize the mortgage payment. Alternatively, this property offers a new investor the opportunity to renovate units, building exterior and backyard area in order to maximize rental income as current rents are approximately 52% under market. Located just 5 lots to the beach, 1124 Montauk Lane is situated just off bustling Seaward Avenue which features coffee shops, restaurants and chic retail. The property is also just two blocks from the Marina Village Shopping Center which has additional restaurants, retail and a large Vons supermarket and pharmacy. 1124 Montauk Lane is conveniently located just off the 101 freeway providing easy access to job centers of Downtown Ventura, Oxnard, Camarillo and Santa Barbara.
Property Details
Price:
$1,799,000
MLS #:
24384267
Status:
Active
Baths:
0
Address:
1125 Montauk Lane
Type:
Residential Income
Neighborhood:
vc23venturabeachsofventurarivertosc
City:
Ventura
Listed Date:
Apr 25, 2024
State:
CA
ZIP:
93001
Lot Size:
3,610 sqft / 0.08 acres (approx)
Year Built:
1964
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Carport
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address1125 Montauk Lane Ventura CA
- AreaVC23 – Ventura Beach S. of Ventura River to S.C.
- CityVentura
- CountyVentura
- Zip Code93001
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1125 Montauk Lane
Ventura, CA
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