Listed by Beachside Partners
$1,199,000
335 W Simpson Street
Details
APN 0710053360
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 2,565
Units 3
Year Built 1962
Buildings 1
Acreage 0.123
Zoning Public Rec
Multifamily | 3 Units | $399,667/unit
Marketing description
335 W Simpson St is a rare opportunity to acquire a well-located triplex offering a dependable stream of rental income in one of Ventura's downtown corridors poised for continued rental growth and long-term appreciation. The property spans two parcels totaling 5,373 SF and features a spacious front yard providing ample onsite parking, coin operated laundry for tenants, along with a one-car garage currently used for storage. The site is comprised of a desirable unit mix including (1) 4BD/1BA, (1) 2BD/1BA, and (1) spacious studio unit with a private yard. Units A & C currently eligible for rent increases. Recent improvements to the site include a new roof completed in 2024, along with fresh exterior paint, new water heater and a newly constructed staircase to the second floor in 2025.
Investment highlights
Rare opportunity to acquire a well-located triplex offering consistent rental demand.
• Desirable unit mix including (1) 4BD/1BA, (1) 2BD/1BA, (1) spacious studio unit.
• New roof completed in 2024, along with fresh exterior paint, new water heater and a newly constructed staircase to the second floor in 2025.
• 1 mile from the restaurants and bars along Main Street and 1.75 miles from Ventura’s iconic Surfers Poin
Listing Contacts
Listed by Beachside Partners
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