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176 W Ramona St Ventura, CA 93001

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For Sale
$5,090,000

MULTI_FAMILY - Ventura, CA

Lot size:
0.51 Acres
Added:
Mar 27, 2026
Days on Market:
20
Last Refresh:
Apr 15 at 3:06 am

Property Features for 176 W Ramona St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
32
Bathrooms
16
Rooms
Bedroom 30, Bedroom 19, Bathroom 11, Bedroom 4, Bedroom 8, Bathroom 5, Bedroom 25, Bedroom 15, Bedroom 24, Bathroom 15, Bathroom 13, Bathroom 16, Bedroom 9, Bedroom 2, Bedroom 31, Bathroom 12, Bedroom 27, Bathroom 3, Bedroom 5, Bedroom 10, Bedroom 3, Bedroom 7, Bedroom 22, Bathroom 9, Bedroom 32, Bathroom 10, Bedroom 18, Bedroom 11, Bedroom 23, Bathroom 8, Bedroom 28, Bathroom 7, Bedroom 26, Bedroom 20, Bedroom 29, Bedroom 17, Bedroom 14, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 21, Bedroom 16, Bedroom 13, Bathroom 2, Bathroom 6, Bathroom 14, Bedroom 12, Bedroom 6
Parking
16
Parking features
Covered
Standard status
Active
APN
UNAVAILABLE
Lot size
0.51 Acres

Utilities

Cooling system
Ceiling Fan(s)

Building Details

Year built
1974
Floors in Building
2
Number of units
16

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Listing Contact
Zachary Freehling

Listing agent Zachary Freehling License #01879326

Listing office Keller Williams Beverly Hills 439 N Canon Dr. Suite 300, Beverly HIlls, CA

Listing date Mar 27, 2026

MLS# 26670433

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


Overview

Ventura Multifamily Investment Opportunity

This multifamily property in Ventura, California, presents a value-add investment opportunity. Situated on a 22,214 sq. ft. lot, the property has the potential to add approximately four additional Accessory Dwelling Units (ADUs). The property comprises 16 units, all of which are two-bedroom, one-bathroom layouts. Eight of these units have been completely renovated with 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 facilities and a landscaped outdoor area for tenants. Located approximately one mile from Downtown Ventura and 2.5 miles from the beach, the property is in the historic Ventura Avenue district, surrounded by several pending development projects. The location is experiencing a shortage of workforce housing and competing rental inventory. The property is subject to California State Rent Control, which allows for annual rent increases of up to 7.7% in Ventura.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Ventura
County
Santa Clara
State
California
Longitude
-122.1653772
Latitude
37.4472549

FAQs

What type of property is this?
Apartment building - Value-add multifamily property with ADU potential near Downtown Ventura.
Where is this apartment building located?
The property is located at 176 W Ramona St Ventura, CA.
What is the asking price?
The asking price for this property is $5,090,000.
What are key features of this property?
This property features: Potential to build approximately four additional ADUs by right on a spacious 22,214 sq. ft. lot; Eight of the sixteen units are **completely gut renovated with new kitchens and bathrooms, updated flooring, recessed lighting, modern fixtures, and stainless steel appliances**; Located approximately one mile from Downtown Ventura and 2.5 miles from the beach
More about this property
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