154 El Medio Street

Ventura, CA 93001

Well maintained 1990 triplex located just off Ventura Avenue, offering a strong investment profile with three spacious 3 bed/2 bath units. Units 150 and 152 are positioned within a two story front structure, while Unit 154 occupies a single story rear building. The property is in good overall condition, with Unit 154 recently updated with new flooring, interior paint, upgraded door hardware, and modern light fixtures.This property has very little in operating expenses with units individually metered for gas and electric, equating to an annual expense operating budget of only $6,730 annually The detached garage at the rear of the parcel is currently unused. While there is no assurance that the existing structure can be converted into a one or two story ADU, the option may exist to remove the current building and construct a new ADU in its place, with the potential to extend the concrete driveway to provide dedicated parking for the new unit. Buyers are advised to conduct their own due diligence with the appropriate agencies to determine feasibility and potential for any such value add development.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.