Tremendous investment potential for (2) 3-unit apartment properties on 2 lots in downtown Ventura within blocks of the beach, pier and amidst Ventura's most vibrant new neighborhood around Front ST. 14.8 GRM, 4.7% CAP on current rents. 153 South Laurel ST & 967 E Thompson BLVD feature 4 detached residential buildings along with 5 garage spaces on a combined 11,760 SF of land with zoning allowing for both residential and commercial use plus potential for short term rentals. Further units may be added through ADU conversion of garages under SB 1211. Units each have unique charm and offer updated interiors, yards or patios and 4 of the 6 units have interior laundry hookups. Tenants pay all utilities. Flexible financing options either through one commercial loan or more leverage through 2 separate residential loans. Building fronting Thompson offers flexibility to remain all residential or be converted to partial or all commercial in one of the highest traffic counts in city of Ventura. Lush landscaping separates each unit providing privacy and tranquility. Units will always be in high demand as tenants can walk to surf breaks, parks, schools, breweries & eateries plus entertainment venues around Front ST, across the walk bridge at C Street or downtown.153-157 S Laurel ST features a 1928 Craftsman style 1-story duplex in front, 2/1 & 1/1 apartments each with a small yard or patio, along with a 2011 built 2-story Mediterranean style 2/2 in back, including an ocean view rooftop deck and 1-car garage. Interiors of front duplex recently received new kitchen cabinets and countertops.963, 967 E Thompson includes a 1-story Craftsman style house that fronts Thompson currently set up with a duplex, 3/1.5 & small studio, plus a detached single-story 2/1 classic Craftsman home and 2 detached 2-car garages at rear. Recent updates at 963 include new roof, upgraded electrical panel, 6 new windows.
Property Details
Property Features
Property Information:
Year Built: 1928
Listing Office:
Office Name: Beachside Partners
Office Phone: (805) 453-5097
Listing Agent: Nicholas Henry
Interior Features
Interior Information:
Appliances: Gas Oven
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 5 spaces
Lot Features
Lot Information:
Lot Size: 0.27 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: Thompson & Laurel
Price Information
Listing Price Info
Price Summary:
List Price: $2,595,000
Tax Information:
Annual Amount: $4,755
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Ventura, CA.
This property is $1.7M more than the Median Sold Price in Ventura, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #V1-26597
Listing Office:
Office Name: Beachside Partners
Office Phone: (805) 453-5097
Listing Agent: Nicholas Henry
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 9:21:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 16, 1992
Apr 16, 1992Home Sold
$154,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,755
$445,880
2020
$4,709
$441,310
2019
$4,545
$432,658
2018
$4,450
$424,176
2017
$4,450
$415,860
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Lincoln Elementary School
1107 E Santa Clara St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
3
/10
Sheridan Way Elementary School
573 Sheridan Way
Distance between this listing and this school1.33 miles
Public District Grades KG-5
4
/10
E. P. Foster Elementary School
20 Pleasant Pl
Distance between this listing and this school1.40 miles
Public District Grades KG-5
Nearby Schools
6
/10
Cabrillo Middle School
1426 E Santa Clara St
Distance between this listing and this school0.39 miles
Public District Grades 6-8
5
/10
De Anza Academy of Technology and the Arts
2060 Cameron St
Distance between this listing and this school1.54 miles
Public District Grades 6-8
6
/10
Ventura Charter School of Arts and Global Education
2060 Cameron St
Distance between this listing and this school1.58 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Ventura High School
2 N Catalina St
Distance between this listing and this school1.01 miles
Public District Grades 9-12
6
/10
Golden Valley Charter
3585 Maple St Ste 101
Distance between this listing and this school2.37 miles
Public Charter Grades KG-12
2
/10
Pacific High School
501 College Dr
Distance between this listing and this school2.58 miles
The neighbors living near this home have an average income of $40,250. Most Ventura, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 153 S Laurel St
What is the listing price of this property?
The listing price of 153 S Laurel St property is $2,595,000.
What type of property is this?
The property 153 S Laurel St is a house located in Ventura, California, 93001.
Is this property for sale now?
Active Listing: 153 S Laurel St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,755 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 16, 1992 for $154,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 153 S Laurel St is 1928.
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This home is located at 153 S Laurel St in Ventura, CA and zip code 93001 in the Downtown neighborhood. This home, which was built in 1928, sits on a 0.27 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $2,595,000.
Over 21 listings were sold over their listed price in November 2024 in Ventura, CA. In the same period over 30 listings were sold below the listed price and 16 listings were sold for the listed price. The number of listings in Ventura, CA decreased by 15.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 49 days, the median list price was $858,428.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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