176 W Ramona Street, San Buenaventura Ventura, CA 93001
Local realty services provided by:ERA North Orange County Real Estate
176 W Ramona Street,Ventura, CA 93001
$4,999,000
- 32 Beds
- 16 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: zachary freehling
Office: keller williams beverly hills310-432-6400
MLS#:26670433
Source:CRMLS
Price summary
- Price:$4,999,000
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:138 day(s) ago
- Updated:August 13, 2026 at 11:08 AM
Rooms and interior
- Bedrooms:32
- Total bathrooms:16
- Kitchen Description:Refrigerator
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1974
- Lot area:0.51 Acres
- Levels:2 Story
Finances and disclosures
- Price:$4,999,000
Parking
- Total parking spaces:16
- Parking description:Covered, Uncovered
New listings near 176 W Ramona Street
- New
$899,000Active4 beds 2 baths1,694 sq. ft.9419 Hollister Street, Ventura, CA 93004
MLS# V1-38092Listed by: CUSICK REALTY - New
$880,000Active3 beds 2 baths1,588 sq. ft.5392 Queens Street, Ventura, CA 93003
MLS# V1-38096Listed by: REALTY ONE GROUP SUMMIT - New
$849,000Active2 beds 1 baths700 sq. ft.103 Comstock Drive, Ventura, CA 93001
MLS# V1-38159Listed by: REAL BROKERAGE TECHNOLOGIES, INC - New
$849,000Active2 beds 1 baths700 sq. ft.103 Comstock Drive, Ventura, CA 93001
MLS# V1-38159Listed by: REAL BROKERAGE TECHNOLOGIES, INC
$1,297,000Pending3 beds 2 baths1,660 sq. ft.220 Brevard Avenue, Ventura, CA 93003
MLS# V1-38146Listed by: BHHS CALIFORNIA PROPERTIES- New
$2,595,000Active4 beds 4 baths2,267 sq. ft.1111 Dover Lane, Ventura, CA 93001
MLS# V1-38147Listed by: BHHS CALIFORNIA PROPERTIES - New
$635,000Active2 beds 2 baths1,060 sq. ft.421 E Shoshone Street, Ventura, CA 93001
MLS# V1-38150Listed by: VENTURA REAL ESTATE COMPANY - New
$1,150,000Active4 beds 2 baths1,464 sq. ft.6994 Swan Street, Ventura, CA 93003
MLS# V1-38144Listed by: EXP REALTY OF GREATER LA - New
$975,000Active4 beds 2 baths1,577 sq. ft.8513 Medford Street, Ventura, CA 93004
MLS# OC26176428Listed by: FIRST TEAM REAL ESTATE - New
$1,750,000Active3 beds 2 baths1,803 sq. ft.1149 Winthrop Lane, Ventura, CA 93001
MLS# V1-38139Listed by: RE/MAX GOLD COAST REALTORS