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    The Largest CRE Database in the US with Over 1 Million Listings

    161 N Garden St Ventura, CA 93001

    Sponsored
    For Sale
    $1,895,000

    MULTI_FAMILY - Ventura, CA

    Property size:
    3,723 SF
    Lot size:
    0.18 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 1 at 6:06 pm

    Property Features for 161 N Garden St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Spa
    1
    Zoning
    MXD
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 5, Bathroom 6, Bedroom 6, Bathroom 7, Bonus Room, Bedroom 4, Bedroom 7, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2
    Bedrooms
    7
    Bathrooms
    7
    APN
    071-0-180-220
    Parking
    4
    Parking features
    Tandem, Driveway, Side By Side, Covered
    Patio and Porch features
    Deck, Patio
    Accessibility
    Accessible Approach with Ramp
    Size
    3,723 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    2022
    Floors in Building
    2
    Number of units
    7
    Flooring type
    Linoleum, Cement

    We can help!

    Listing Contact
    Brian Linder

    Compass

    Listing agent Brian Linder (323) 593-6999 License #01248728

    Listing date Jan 29, 2026

    MLS# 25629449

    Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ventura Live/Work Art Compound

    Located less than a mile from the beach in downtown Ventura, this dual-zoned (commercial and residential) live/work art compound offers a unique environment for living and working. Situated at the confluence of Main Street and Ventura Avenue, the property benefits from proximity to restaurants, boutiques, parks, and hiking trails. Bike paths connect to the coast, Ojai, and Pine Mountain. The property is in a quiet neighborhood with multi-unit residential, commercial spaces, artists' studios, and light industry. The architect-designed compound comprises four separate structures, allowing for various live/work configurations. It can serve as a single-family residence with four bedrooms, four bathrooms, and three additional studio spaces, each with a powder room. Alternatively, it presents an investor opportunity as a fully-rentable income property, with individual utility metering for up to seven tenants. As a commercial property, the spaces are suitable for storefront, office, creative, fabrication, or retail purposes. The architecture features a renovated 1920s bungalow and three new stand-alone structures built in 2022, each with a one-bedroom apartment upstairs and a studio/workshop/second bedroom downstairs, with landscaped outdoor gardens and courtyards. The new structures exhibit cantilevered orthogonal volumes, exposed structural steel, corrugated metal cladding, and ribbon window systems. Interiors feature sliding polycarbonate panels, polished concrete and Marmoleum floors, and operable windows. The renovated bungalow has metal board-and-batten siding, cork floors, new finishes, covered decks, and French doors opening onto a private outdoor patio. The original bungalow has 1 bedroom, 1 bathroom, and 678 SF; each of the three new structures has an apartment upstairs (1 BD, 1 BA, 638 SF) plus a studio/workshop/second bedroom downstairs (1 BD, 1/2 BA, 377 SF), for a total of 1,015 SF each. The property includes 4 separately-metered addresses, 7 units, 4 bedrooms, 3 studios, 7 bathrooms, and totals 3,723 square feet on a 7,840 SF lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    Ventura
    County
    Santa Clara
    State
    California
    Longitude
    -119.3021
    Latitude
    34.283381

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    FAQs

    What type of property is this?
    Live-work space - Unique dual-zoned live/work property near downtown Ventura and the beach.
    Where is this live-work space located?
    The property is located at 161 N Garden St Ventura, CA.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Dual Zoned Live/Work Art Compound offering flexible usage.; - Four separate structures with individual utility metering, allowing for up to seven rentable units.; - Architecturally unique property featuring a renovated 1920s bungalow and three new stand-alone structures.
    (310) 592-5417
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 N Garden St Ventura, CA 93001
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    We can help!
    Listing Contact
    Brian Linder
    Real Estate License ID: 01248728
    (310) 592-5417
    Learn more
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