Apartment Building with ADU
For Sale
$5,090,000
176 W Ramona St, Ventura, CA 93001
MULTI_FAMILY - Ventura, CA
Property SizeContact for details
Lot Size0.51 Acres
Days on Market135
Property Features for 176 W Ramona St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
32
Bathrooms
16
Full bathrooms
1
Rooms
Bedroom 29, Bedroom 15, Bathroom 6, Bedroom 7, Bedroom 21, Bedroom 6, Bedroom 27, Bathroom 2, Bedroom 22, Bathroom 16, Bathroom 10, Bedroom 4, Bedroom 20, Bedroom 14, Bathroom 11, Bedroom 30, Bedroom 13, Bedroom 8, Bedroom 31, Bedroom 24, Bedroom 2, Bathroom 5, Bedroom 28, Bathroom 13, Bedroom 11, Bathroom 7, Bedroom 25, Bathroom 8, Bedroom 10, Bedroom 23, Bedroom 32, Bedroom 26, Bathroom 14, Bedroom 3, Bedroom 16, Bathroom 15, Bedroom 12, Bedroom 5, Bedroom 18, Bedroom 9, Bathroom 1, Bathroom 12, Bathroom 9, Bathroom 3, Bedroom 17, Bedroom 19, Bathroom 4, Bedroom 1
Parking
16
Parking features
Covered
Directions
One building in from the southeast corner of N Olive St and W Ramona St
Subdivision
West of California to City Limits
Standard status
Active
APN
UNAVAILABLE
Lot size
0.51 Acres
Utilities
Cooling system
Ceiling Fan(s)
Amenities
on-site laundry
landscaped outdoor area
Building Details
Year built
1974
Floors in Building
2
Number of units
16
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Zachary Freehling · License #01879326
(310) 592-0833
Added: Mar 27
Changed: Aug 1
Last Checked: Aug 8 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This apartment building offers a value-add configuration with all units as two-bedroom, one-bath layouts. The property includes 16 total units spread across three separate structures. Eight of the 16 units are completely gut renovated with new kitchens and bathrooms, updated flooring, recessed lighting, modern fixtures, and stainless steel appliances.
The site is on a 22,214 sq. ft. lot and includes on-site laundry plus a landscaped outdoor area for tenants. The property also presents an opportunity to build approximately four additional ADUs by right.
Additional operating context includes cooling via ceiling fan(s) and covered parking. The property was built in 1974 and is located approximately one mile from Downtown Ventura and about 2.5 miles from the beach, in the historic Ventura Avenue district. The property is subject to California State Rent Control.
The asset is described as surrounded by several pending development projects.
The site is on a 22,214 sq. ft. lot and includes on-site laundry plus a landscaped outdoor area for tenants. The property also presents an opportunity to build approximately four additional ADUs by right.
Additional operating context includes cooling via ceiling fan(s) and covered parking. The property was built in 1974 and is located approximately one mile from Downtown Ventura and about 2.5 miles from the beach, in the historic Ventura Avenue district. The property is subject to California State Rent Control.
The asset is described as surrounded by several pending development projects.
Key Highlights
- 16 total units, all two‑bedroom, one‑bath layouts
- Eight of the 16 units fully gut renovated with new kitchens and bathrooms
- 22,214 sq. ft. lot with space for approximately four additional ADUs by right
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Explore this area
Business Placement
Demographics for 93001, CA
33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add multifamily with 16 two-bedroom, one-bath units across three structures and on-site laundry.
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: 16 total units, all two‑bedroom, one‑bath layouts; Eight of the 16 units fully gut renovated with new kitchens and bathrooms; 22,214 sq. ft. lot with space for approximately four additional ADUs by right
