Property listed by eXp Realty of California Inc, Jose Luiz Morales 805-228-4671
$1,695,000
A rare and strategic infill opportunity in the heart of Midtown Ventura with an SB-9 lot split application already submitted and pending final city comments. This oversized parcel, paired with a fully renovated 1,152 SF authentic Santa Barbara Bungalow, offers flexibility that is nearly impossible to find in this highly… Read More supply-constrained neighborhood.The existing 3 bedroom, 3 bath main residence has been completely renovated with quality finishes throughout. The home features ac, flooring and thoughtfully selected finishes that blend classic bungalow charm with modern comfort. Inside, you'll find custom kitchen cabinetry, stone countertops, upgraded fixtures, and stainless steel appliances. The bathrooms have been fully remodeled with contemporary tilework and high end finishes. Beautiful hardwood flooring runs throughout the home, complemented by fresh interior and exterior paint, upgraded lighting, and detailed trim work that preserves the home's authentic Santa Barbara character while delivering a true turnkey experience.Because the existing residence is under 1,200 square feet, the next owner gains significant development leverage. Under SB-9, you can complete the lot split and create two separate parcels, with the ability to build up to two units per lot, potentially four total units with separate resale opportunities. Alternatively, the current bungalow can function as the ADU, allowing you to build a new custom primary residence plus a JADU. Even without completing the lot split, the property allows for both an ADU and a JADU configuration. The oversized lot makes these options not only possible, but practical.The property next door is the same lot as this one and they already have two very large units.Located just minutes from the beach, downtown Ventura, and Midtown's restaurants and shops, this property combines location, charm, and serious upside. The current owner is a seasoned builder and is open to assisting the next buyer with navigating final approvals and bringing a vision to life.Opportunities with this level of flexibility, forward momentum, and development potential in Midtown Ventura are rare. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
3
Square Ft.
1,152
Lot Size
0.27 Acres
Year Built
1929
MLS Number
V1-34964
Additional Details
Appliances & Equipment
Dishwasher, GasRange
Building
Built in 1929, Living area: 1152.0, Living area units: SquareFeet, 1 storey, Levels: One
Community
StreetLights, Sidewalks
Cooling
CentralAir
Fireplaces
LivingRoom
Heating
None
Laundry
Inside
Lot
0.27 acres, SprinklersNone
Pool
None
Sewer
PublicSewer
Taxes
Parcel Number: 0780191170
Utilities
Water Source: Public
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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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