335 W Simpson St - Apartments FOR SALE


Ventura, CA 93001
$1,275,000 USD
805-626-0112
335 W Simpson St, Ventura, CA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

335 W Simpson St
Ventura, CA 93001


HIGHLIGHTS

  • 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 Point.

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$497 USD /SF

# OF UNITS

3

PRICE/UNIT

$425,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R

APN/PARCEL ID

071-0-053-350,071-0-053-360

ASK ABOUT THIS PROPERTY

Jason LiehrBeachside Partners, Inc.More Info
805-626-0112

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Jason LiehrBeachside Partners, Inc.More Info
805-626-0112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.