Property listed by Compass, Michael Emanuel 805-617-0645
$1,099,000
Two Income-Producing Homes on One Lot in Ventura's Historic Simpson Track.Unlock a rare opportunity with two beautifully updated homes on a single lot in Ventura's highly sought-after Simpson Track historic district. Both homes are fully furnished.The front home is a lovingly renovated 1925 Spanish-style charmer featuring 3 bedrooms, 1 bath,… Read More and just under 1,000 sq. ft. Boasting arched ceilings, new flooring, recessed lighting, a tiled fireplace, and a fully furnished interior, this home is designed for modern comfort while preserving its historic character. The fully enclosed, gated front and backyard is a private oasis with a huge Saltillo tiled patio, built-in barbecue, and a bounty of fruit trees including orange, lemon, guava, loquat, and peach. Currently operating as a midterm rental, it consistently generates $3,900/month and is always occupied.The back home is a sleek, modern 2-bedroom, 1-bath legal guest house/ADU with a separate address and electric meter. Features include polished concrete floors, IKEA European kitchen cabinets, quartz countertops, walk-in shower, recessed lighting, heating & AC, new windows, and doors, plus a charming patio adorned with a mural by a local artist. This property rents for $3,000/month.Additional highlights include on-site parking for two cars, proximity to Surfers Point Beach, downtown Ventura's food and music scene, bike trails, and hiking, and separate meters for maximum rental flexibility.A very special home in Ventura's up-and-coming beach neighborhood, this property offers exceptional versatility, perfect for extended families, those wanting to live in one unit and rent the other, or investors seeking a smart long-term opportunity. Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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