John E Burge

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124 W Prospect StreetVentura, CA 93001

Multi-Family · 1,082 Sq. ft. | 0.10 Acres
$898,900 Active

124 W Prospect Street Overview

Time on Site:
19 days
Visits:
0

Located within Ventura's recognized Simpson Tract Historic District, this property presents a unique opportunity to own a piece of the city's rich architectural heritage. Situated on R-3-5 zoned property, the offering combines historic character with the flexibility and potential associated with multifamily zoning.The residence, originally constructed in the 1920s, reflects the charm and craftsmanship of Ventura's early residential development. Whether you are an investor, preservation-minded owner, this property offers a variety of possibilities.The Simpson Tract is known for its historic significance, tree-lined streets, and close proximity to Ventura's vibrant downtown, beaches, waterfront, restaurants, shopping, and cultural attractions. Residents enjoy easy access to the Ventura Pier, Surfer's Point, the Ventura Botanical Gardens, and the city's growing arts and dining scene.Properties within the Simpson Tract Historic District rarely become available, making this an exceptional opportunity to invest in one of Ventura's most distinctive neighborhoods. Buyer is advised to independently verify all information concerning the property, including but not limited to square footage, lot size, zoning, permitted uses, historic district requirements, permits, improvements, rental regulations, and development potential. Buyer shall satisfy themselves through their own investigations with the appropriate governmental agencies and licensed professionals.

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124 W Prospect Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,082
  • Price/Sq.ft. $831
  • Lot 0.10 Acres

Details

General

Income/Expenses

  • Gross Income: 48960.0
  • Gross Scheduled Income: 48960.0
  • Insurance Expense: 2100.0
  • Net Operating Income: 45960.0
  • Operating Expense: 3000.0
  • Trash Expense: 900.0

Building Information

  • New Construction: No
  • Year Built: 1925

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,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Sewer,Water

General Information

  • Exclusions: Tenant's Personal Property.
  • Listing Terms: Conventional
  • Parcel Number: 0710102090
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: R-3-5

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1082.0

General Information

  • Common Walls: No Common Walls
  • Entry Location: Front Yard Step Up From Grade
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Features: All Bedrooms Down
  • Levels: One
  • Spa Features: None
  • Spa: No
  • Stories: 1

Exterior

Parking Information

  • Open Parking Spaces: 2.0
  • Parking Features: Door-Single,Driveway,Garage,Off Street
  • Parking Total: 3.0

Lot Information

  • Additional Parcels: No
  • Lot Dimensions Source: Public Records
  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.1
  • Lot Size Area: 4356.0
  • Lot Size Dimensions: 40x116.66 Approx
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Spanish
    • Construction Materials: Frame,Stucco
    • Direction Faces: North
    • Property Attached: No
    • Roof: Flat,Other

    General Information

    • Fencing: Wood
    • Number Of Units Leased: 2
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    124 W Prospect 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.

    124 W Prospect Street Monthly Cost

    $
    $ %
    %
    $
    $
    * 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.

    124 W Prospect 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

    124 W Prospect Street History

    Date Event Value Agent
    6/10/2026Source: CRMLS Added to Database
    June 10, 2026
    9/24/2022Source: CRMLS Added to Database
    September 24, 2022
    Listing provided courtesy of eXp Realty of California IncKay Wilson-Bolton- MLS# V1-36924MLS ProviderContact Information: [email protected] - (805) 340-5025
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