John E Burge

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335 W Simpson StreetVentura, CA 93001

Multi-Family · 2,565 Sq. ft. | 0.12 Acres
$1,199,000 Active

335 W Simpson Street Overview

Time on Site:
159 days
Visits:
0

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.

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335 W Simpson Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,565
  • Price/Sq.ft. $467
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Electric Expense: 3107.0
  • Fuel Expense: 2613.0
  • Gross Income: 84096.0
  • Gross Scheduled Income: 84096.0
  • Water Sewer Expense: 3175.0

Building Information

  • Year Built: 1962

Location/Region

  • Country: US
  • County Or Parish: Ventura
  • MLS Area Major: VTU - Ventura
  • Postal City: VENTURA
  • Subdivision Name: Ventura: Other

Community/Development

  • Community Features: Biking,Park

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 0710053360
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2565.0

General Information

  • Appliances: Gas Range
  • Common Walls: No Common Walls
  • Fireplace Features: None
  • Fireplace: No
  • Foundation Details: Raised
  • Laundry Features: Common Area,In Garage
  • Spa Features: None
  • Spa: No

Exterior

Parking Information

  • Parking Features: Door-Single,Driveway,Garage
  • Parking Total: 3.0

Lot Information

  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.1233
  • Lot Size Area: 5373.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5373.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Waterfront/View

    Building Exterior/Construction

    • Construction Materials: Drywall
    • Property Attached: No
    • Roof: Composition

    General Information

    • Fencing: Wood
    • Number Of Units Total: 3
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: See Remarks

    335 W Simpson Street Neighborhood

    Community

    93001 (VENTURA) Demographics

    39
    Median Age
    118
    Population Density (per sq. mile)
    45%
    College Educated
    $66,460
    Estimated Median Income
    5,435
    Estimated Total Home Owners
    7,220
    Estimated Total Renters
    43% / 57%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    335 W Simpson Street Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    335 W Simpson Street Market Data

    Based on the last 30 days in this zip code

    $1,835,968
    Average List Price
    $937
    Average Price per Square Foot
    19
    Properties Sold
    77
    Average Days on Market
    228
    Properties for Sale
    Calculations provided by Reliance Network
    Listing provided courtesy of Beachside PartnersJason Liehr- MLS# V1-34250MLS ProviderContact Information: [email protected] - (805) 626-0112
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