176 W Ramona Street, San Buenaventura Ventura, CA 93001
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
176 W Ramona Street,Ventura, CA 93001
$5,090,000
- 32 Beds
- 16 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: zachary freehling
Office: keller williams beverly hills
MLS#:26670433
Source:CRMLS
Price summary
- Price:$5,090,000
About this home
This value-add investment opportunity offers the potential to build approximately four additional ADUs by right on a spacious 22,214 sq. ft. lot, providing significant future upside. The property consists entirely of two-bedroom, one-bathroom units, with 8 of the 16 units already completely gut renovated featuring new kitchens and bathrooms, updated flooring, recessed lighting, modern fixtures, and stainless steel appliances. The asset is spread across three separate structures and includes on-site laundry as well as a landscaped outdoor area for tenants to enjoy. Ideally located approximately one mile from Downtown Ventura and just 2.5 miles from the beach, the property sits in the historic Ventura Avenue district and is surrounded by several pending development projects. Ventura is currently experiencing a severe shortage of workforce housing and competing rental inventory, while most new developments in the area are luxury-oriented and command premium rents. The property is subject to California State Rent Control, which currently allows for annual rent increases of up to 7.7% in Ventura, providing investors with steady income growth potential....
Contact an agent
Home facts
- Year built:1974
- Listing ID #:26670433
- Added:1 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Bedrooms:32
- Total bathrooms:16
- Kitchen Description:Refrigerator
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1974
- Lot area:0.51 Acres
- Levels:2 Story
Finances and disclosures
- Price:$5,090,000
Features and amenities
- Appliances:Refrigerator
Parking
- Total parking spaces:16
- Parking description:Covered, Uncovered
New listings near 176 W Ramona Street
- New
$1,185,000Active3 beds 3 baths1,843 sq. ft.989 Inspiration Way, Ventura, CA 93001
MLS# V1-35458Listed by: COMFORT REAL ESTATE SRVC INC - Open Thu, 10am to 12pmNew
$578,900Active3 beds 2 baths1,220 sq. ft.7275 Unicorn Circle, Ventura, CA 93003
MLS# 226001419Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - Open Sun, 11am to 2pmNew
$799,000Active2 beds 3 baths1,102 sq. ft.1530 E Thompson Boulevard, Ventura, CA 93001
MLS# SR26066013Listed by: EQUITY UNION - New
$1,500,000Active3 beds 2 baths1,531 sq. ft.386 Dorothy Avenue, Ventura, CA 93003
MLS# V1-35438Listed by: LIV SOTHEBY'S INTERNATIONAL - New
$1,050,000Active5 beds 3 baths2,360 sq. ft.258 Mara Avenue, Ventura, CA 93004
MLS# V1-35428Listed by: REAL BROKER - Open Sun, 1 to 3pmNew
$1,695,000Active4 beds 3 baths2,723 sq. ft.9898 Rhone Street, Ventura, CA 93004
MLS# V1-35433Listed by: REAL BROKERAGE TECHNOLOGIES, INC - Open Sun, 12 to 3pmNew
$1,050,000Active5 beds 3 baths2,360 sq. ft.258 Mara Avenue, Ventura, CA 93004
MLS# V1-35428Listed by: REAL BROKER - New
$1,500,000Active3 beds 3 baths1,747 sq. ft.981 Poli Street, Ventura, CA 93001
MLS# V1-35414Listed by: LIV SOTHEBY'S INTERNATIONAL - New
$625,000Active2 beds 2 baths1,046 sq. ft.3039 E Harbor Boulevard, Ventura, CA 93001
MLS# V1-35240Listed by: RE/MAX GOLD COAST-BEACH OFFICE